GameFi

Korean Game Developer Com2uS Strategic Investment In FactBlock Blockchain Accelerator

Key Points:

  • Com2uS Strategic investment in Factblock, a domestic blockchain company.
  • The action attempts to find cooperation using the Com2uS blockchain mainnet exchange XPLA and NFT.
  • In 2023 the game developer has ambitions to establish a global company.
Com2uS announced on the 5th that Com2uS strategic investment in Factblock, a domestic blockchain company.

Since 2018, FactBlock has organized “Korea Blockchain Week” (KBW), a blockchain conference, to provide an information-sharing venue for business development and blockchain technology.

Recently, we have been prepared to develop a blockchain information and education platform to solve the market’s asymmetric information problem.

Com2uS expands business and technology exchange with domestic and foreign web3 experts through Fact Block investment and promotes cooperation using XPLA blockchain mainnet and Non-Fungible Token (NFT) of Com2uS.

In their New Year’s speech, both Com2us CEOs Song Jae-joon and Lee Ju-hwan announced:

“We will go beyond a game company that has led the Korean mobile game market and establish us as a globally representative comprehensive content company.”

They continue to target the global game market by introducing new titles such as ‘Summoners War: Chronicle’ and ‘Com2uS Pro Baseball V22’.

Regarding the market situation, they said, “Competition in the games and the content market will become increasingly fierce” and “there are voices of caution towards the blockchain industry and the metaverse due to many external factors, more effort to create fun.”

“We will achieve game-specific results in the global media and content markets and lead the industry in transparent and trusted blockchains to create a truly diverse world, what everyone’s been waiting for.”

He added

As updated in a previous article by Coincu News, Com2Verse, a metaverse subsidiary of South Korean game developer announced that it had received 4 billion won in strategic investments from Hana Financial Group, Kyobo Book Center, and Kyowon Group, totaling 12 billion won. So far, Com2Verse has raised an initial capital of 15 billion won from Com2uS, WYSIWYG Studios, etc.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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