Gamevil, the South Korean mobile game software developer, has acquired blockchain technology company Zenaad with plans to grow as a platform for blockchain-based games.
- Gamevil revealed yesterday that it has entered the final stage of constructing its blockchain ecosystem with the acquisition of Zenaad. The tech force at Zenaad has been internalized into Gamevil’s development team — the company targets its newly obtained blockchain know-how into building e-wallets for its non-fungible token (NFT) exchange and developing a blockchain-based advertisement solution for HIVE, its global game service platform.
- Gamevil’s HIVE platform is transitioning into a blockchain-based open gaming platform to enhance the environment for companies developing blockchain-based games and to facilitate convenient trading of NFTs. Gamevil’s NFT exchange is set to launch in the first half of 2022.