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17 May 2022 – China, with a GDP of US$17.7 trillion in 2021, is one of the largest economies in the world. Through a series of investments into blockchain, China is building the Blockchain-based Service Network (BSN), for which Klaytn Foundation will be a partner to build the open-permissioned Chongqing Chain. 

Klaytn Foundation, an open-source blockchain ecosystem backed by internet giant Kakao Corp, will be contributing their technical expertise and business insights to provide the blockchain infrastructure and initial nodes for the Chongqing Chain, as well as to help develop the early use cases through a partnership with the Cloud Chain Technology.

The BSN is a multi-chain public infrastructure network that aims to be the standard for all blockchain deployments. As of April 2022, BSN supports 28 blockchain frameworks, 19 portals, and over 25,000 developers and 3,000 applications across  over 140 virtual data centers around the world.

“We see great synergies in developing the Chongqing Chain in parallel with the Klaytn mainnet, as it would make it possible for Klaytn developers to plug in to the China blockchain network, providing an entry into the massive China market, and vice versa for Chinese developers looking to go global. Being in China will also help us to develop diverse use cases to bring about the mass adoption of blockchain, strengthen the Klaytn ecosystem and help us in building robust infrastructures to support the development of metaverses,” said David Shin, Head of Global Adoption at Klaytn Foundation.

“Following Klaytn’s integration to the BSN International earlier this year, we are excited to further strengthen the partnership by introducing the permissioned version of Klaytn, Chongqing Chain, to the Chinese market to support use cases related to NFT, metaverse, gaming and beyond”,  said Yifan He, CEO of Red Date Technology and Executive Director of the BSN Development Association.

“We are very pleased to cooperate with Klaytn, and believe that with the support of Klaytn network’s innovation, security and scalability, the Chongqing Chain will provide developers with new technical solutions to enable a wide range of application scenarios. With the completion of the Chongqing Chain, it will become one of the OPBs on the BSN-DDC Network that will be attractive to enterprise users due to its low cost, availability in the process of technology implementation and ease of use,” said Xia Yong, CEO of Chongqing Cloud Chain Technology.

First projects on the chain will include Meta Tel, a decentralized Social Networking Service (SNS) that provides better data privacy and user-centric data, and minting of notable Chongqing and Korean IPs via the Chongqing Chain Distributed Digital Certificate (DDC), which is similar to the technology behind Non-Fungible Tokens (NFTs).


About Klaytn Foundation

Klaytn Foundation is a non-profit organization that was established to accelerate global adoption and ecosystem maturity on Klaytn. The foundation manages the US$500m Klaytn Growth Fund and operates alongside Krust, the holding company for all overseas ventures of internet giant Kakao Corp.

About Blockchain Service Network (BSN)

The BSN is a cross-cloud, cross-portal, cross-framework global infrastructure network used to deploy and operate all types of blockchain DApps. BSN aims to change the existing problem of the high cost of developing and deploying blockchain applications by, just like the internet, providing public resource and interoperability environments to developers. In this way, the development and universal adoption of blockchain technology can be largely accelerated.

About Cloud Chain Technology

Cloud Chain Technology originated in 2016. It is a high-tech enterprise with global blockchain technology application development as its main direction. The company is composed of senior entrepreneurs and top blockchain IT professionals, mainly engaged in relevant blocks The development and customization of the operating system of the chain technology, the design and production of the landing application of the blockchain scene. The research and development of the Chongqing Chain is under construction. Alliance chain and data chain have been independently completed. The company’s main blockchain Technology development, technical support, and technical services are committed to applying blockchain technology to all walks of life.

Media Contact

Aaron Koh
Head of Marketing, Klaytn Foundation
Email: [email protected]

Witnet, a decentralized oracle protocol, has completed integration with Klaytn and is live on the Cypress mainnet. Developers can now utilize the entire Witnet oracle suite, including:

The availability of Witnet’s decentralized network of oracle nodes will allow smart contracts on Klaytn to access the off-chain data they need in an accurate, transparent, and censorship-resistant way, opening the door to more sophisticated and reliable NFT, Metaverse, GameFi and DeFi use cases.

As part of the long-term collaboration between Witnet and Klaytn, a dedicated team of Witnet developers will also be working side by side with several projects in the Klaytn ecosystem to assist them in integrating the oracle into their contracts. The teams involved in this process are confident that a first round of use cases will be announced in the coming weeks.

“We are delighted to be the first decentralized oracle to land in such a powerful ecosystem, and really glad to see how open to collaboration their developers are” — highlighted Adán SDPC from Witnet Foundation — “Count on us to work side by side with the projects building on Klaytn to help them build more secure, efficient and usable dApps and protocols.


About Witnet

Witnet is a next-gen oracle whose security is founded on strong cryptoeconomic incentives. The Witnet protocol runs on its own single-purpose oracle chain ($WIT), and is connected to 12+ smart contract platforms through data bridges that feel native to every Solidity developer.

Website | GitHub | Twitter | Discord | Telegram | Reddit | YouTube

Klaytn Foundation is excited to announce a strategic partnership with ALTAVA Group, a luxury fashion and retail metaverse company. ALTAVA, an established DApp project on Ethereum, will explore the many opportunities for collaboration with Klaytn.

As strategic partners, the Klaytn Foundation and ALTAVA will be engaging in open discussions on the implementation of blockchain services for the interoperability amongst different metaverse environments and reviewing various collaborative possibilities.

This partnership will bring opportunities to Klaytn’s ecosystem, expanding and enriching the Klaytn metaverse with beloved luxury brands, high-end fashion, and bespoke virtual experiences. 


About ALTAVA Group

ALTAVA Group, a Singapore-based company with an operating presence in South Korea, aims to “democratize luxury fashion and retail in the metaverse.” A metaverse company digitizing high-fidelity fashion branded assets and building customized virtual experiences within ALTAVA Worlds of You, its own gamified social commerce platform; and ALTAVA Market, selling a range of NFTs of luxury fashion and lifestyle brands.

Adgorithmics, a Singapore-based company that leverages AI to enable merchants of online platforms to easily create advertising campaigns on social media and achieve measurable outcomes, has announced the launch of MetaGacha, an NFT-based platform for e-commerce incentives and customer loyalty programs on Klaytn.

Through the MetaGacha platform, customers who shop at online marketplaces with participating merchants will receive a MetaGacha NFT for each purchase, which will serve as a membership card that grants access to members-only shops, exclusive discounts, and events. The merchants will also receive NFTs for their sales, which they can use to redeem attractive prizes such as smartphones, game consoles, and laptops.

“Loyalty programs have been existing before and most are only points-based, but here we are making a breakthrough by using Web3 technology and deploying NFT MetaGachas as membership cards, as well as access points to special promotions. MetaGacha NFT utilization can be used by any online and brick-and-mortar store who want to level up their incentive and loyalty program,” said Michael Kim, CEO of Adgorithmics.

To find out more about the MetaGacha project, read their press release here.


About Adgorithmics

Adgorithmics PTE LTD is a Singapore based company that leverages algorithms and Web3 technology to enable merchants to easily create online stores and easily access features like NFT customer loyalty program, social media marketing, sales agent network, integrated payments, warehousing, and shipping. Adgorithmics is backed by investors including Mistletoe Singapore and East Ventures.Share

Klaytn Foundation, a dominant metaverse blockchain ecosystem backed by internet giant Kakao Corp, has announced the onboarding of Alameda Research as a strategic partner and investor into the Klaytn blockchain ecosystem.

Recently introduced as one of the newest members of the Klaytn Governance Council, Alameda Research is a leading quantitative crypto trading firm and venture investor, and the brainchild of Sam Bankman-Fried — co-founder of crypto derivatives exchange, FTX, and one of the youngest billionaires in the world.

“Having seen the immense potential of the Klaytn ecosystem, we’re excited to be a part of the journey on Klaytn’s roadmap for the metaverse. We look forward to contributing to its future developments and success,” shared Brian Lee, Partner of Alameda Research Ventures.

The extension of the partnership will mean greater involvement by Alameda Research to support the growth and development of the Klaytn ecosystem. This includes further investments into early-stage projects built on Klaytn, as well as connections to its global network of top-level funds and exchanges.

David Shin, Head of Global Adoption at Klaytn Foundation, warmly welcomes the addition of Alameda Research as a strategic investor, saying, “The partnership opens up a new world of opportunities for projects in the Klaytn ecosystem, to bring influential partners and critical resources that can propel projects to the next level and bring us one step closer towards our vision of becoming the leading metaverse blockchain for all.”


About Alameda Research

Alameda Research was founded in October 2017. We manage over $1 billion in digital assets and trade $1–10 billion per day across thousands of products: all major coins and altcoins, as well as their derivatives. We have a full-scale global operation with the ability to trade on all major exchanges and markets.

About Klaytn Foundation

Klaytn Foundation is a non-profit organization that was established to accelerate global adoption and ecosystem maturity on Klaytn. The foundation manages the US$500m Klaytn Growth Fund and operates alongside Krust, the holding company for all overseas ventures of internet giant Kakao Corp.


Media Contact

Aaron Koh
Head of Marketing, Klaytn Foundation
Email: [email protected]

Decentralized exchanges (DEX) could be the prevailing form of trading for years to come. While they are still very much in their infancy, Klaytn is already making moves to expand the space. We will be partnering with Japanese fintech firm SORAMITSU to build our first open-source decentralized exchange!

You might be wondering — what’s all the fuss about this new collaboration? Well, it’s all about promoting decentralization and open source technologies — big reasons for the existence of blockchain technology itself. Starting next month, the SORAMITSU team is set to work on implementing a future-proof and scalable decentralized exchange backbone architecture on Klaytn’s network. Simply put, our partnership with SORAMITSU will push us to the forefront of innovation in trading.

David Shin, Head of Global Adoption at the Klaytn Foundation, says: “Next-generation financial applications are set to be an immense force in the future of Web3 and the metaverse. As such, Klaytn is excited to welcome Soramitsu as a valuable strategic partner to build the first open-source decentralized exchange on our blockchain. The project is simply a preview to more brilliant and scalable technologies to come.”

The DEX that’s set to be built on Klaytn will feature a variety of perks:

We will also have cool analytics tools, ranging from dashboards and graph API to see your data better. More functionalities will be considered down the pipeline.

Andrew Wong, COO of SORAMITSU Group, says “We are delighted to be working with Klaytn to deliver on the promises and possibilities of Web3 and the ongoing globalization of the Klaytn eco-system. Both SORAMITSU and Klaytn share the vision of building decentralized systems and empowering participation and opportunity for all. We’re excited to be supporting David and his team in building for that future.”

Decentralized trading is increasingly becoming an intriguing alternative to your traditional banks and centralized institutions. With more experts like Klaytn and SORAMITSU entering the space, there’s no denying what great things will transpire in the future!


About SORAMITSU

SORAMITSU is a Japanese fintech company with expertise in developing blockchain-based solutions for digital asset and identity management. Our mission is to use blockchain to promote innovation and solve pressing societal challenges.

SORAMITSU is the developer of and major contributor to the open-source blockchain platform Hyperledger Iroha, which is tailored for enterprise and public-sector use. Part of the Linux Foundation’s Hyperledger Project, the Iroha blockchain’s flexible permissions system and scalable, performant architecture suit it to digital asset and identity management in high-traffic, multi-stakeholder environments.

Utilizing blockchain, SORAMITSU has developed a digital currency for the National Bank of Cambodia, a closed-loop payment system for the University of Aizu in Japan, an identity verification system prototype for Bank Central Asia in Indonesia, we were finalists in the Monetary Authority of Singapore CBDC Challenge, and are currently participating in Asia-Pacific’s first proof-of-concept test of a cross-border, multi-currency security settlement system using distributed ledger technology with the Asian Development Bank. We have also conducted proof-of-concept tests for several major Japanese enterprises, and are active contributors to open source projects, such as the SORA cryptoeconomic system, the Polkaswap DEX, and the DeFi wallet, Fearless Wallet.

Aligning with their vision to be the bridge connecting Web2 organizations into the Web3 metaverse, the Klaytn Foundation is thrilled to highlight key strategic partnerships. These partners, all titans in their own sectors, will drive the creation of an exciting metaverse on the Klaytn blockchain.

Released in 2019, Klaytn is the dominant blockchain in Korea, having secured the Central Bank Digital Currency (CBDC) project with the Bank of Korea. Klaytn is also integrated with super app KakaoTalk via its crypto wallet Klip, and accessible to the 45 million KakaoTalk users in the country.

Wemade

Wemade offers a global blockchain platform, WEMIX, on which games of all genres can be transformed into blockchain games. Many games are currently being serviced on WEMIX, which is built on a Klaytn service chain, and it aims to service 100 games whose key currency will be the WEMIX Token by the end of 2022.

Netmarble

Netmarble, a leading game developer/publisher, launched their MBX (MARBLEX) blockchain ecosystem built on the Klaytn mainnet.

Neowiz

Neowiz, one of the leading multi-platform developers/publishers in South Korea, kicks off its Play-to-Earn lineup with Crypto Golf Impact, a next-generation Play-to-earn mobile game — powered by NEOPIN blockchain- platform-built on Klaytn mainnet.

Pocketful of Quarters

Leading blockchain gaming project Pocketful of Quarters (POQ) which has built an SEC compliant and interoperable gaming token for the metaverse on the Klaytn network.

KlayCity

Open Metaverse Land-Fi platform KlayCity has partnered with Klaytn to boost their go-to-market strategy. As the first land NFT-based Land-Fi project built on Klaytn’s network, KlayCity is working on exciting collaborations with renowned webtoon authors, short films, and e-novels over the next few months.

“These high-impact partnerships are just the first of many that the Klaytn Foundation has in line as we grow our ecosystem of strategic partners to collectively build a metaverse filled with exciting games, amazing artwork, endless entertainment, and more.” says David Shin, Head of Global Adoption at Klaytn Foundation.

About Klaytn Foundation

Klaytn Foundation is a non-profit organization that was established to accelerate global adoption and ecosystem maturity on Klaytn. The foundation manages the US$500m Klaytn Growth Fund and operates alongside Krust, the holding company for all overseas ventures of internet giant Kakao Corp.

For media enquiries or partnership collaboration opportunities, please contact:

Aaron Koh
Head of Marketing, Klaytn Foundation
Email: [email protected]

The Earth you see at KlayCity may not be the same Earth you are living in. Powered by the Klaytn blockchain, this LandFi metaverse has a simple premise. Reinhabit the Earth, gather resources, rebuild populations, and expand your territory.

As the first official LandFi project built on Klaytn’s network, KlayCity is based on exploring, scavenging, and trading. The year is 2080 and the Earth has been wrecked by decades of climate change and pollution. Players have one mission: to develop LAY007 tokens and clean up the planet in order to survive.

District NFTs can be staked, which will then generate LAY007 tokens every 30 days based on the district’s tier. LAY007 can be used to farm $ORB tokens, which have multiple use cases. Players can utilize $ORB to upgrade existing districts, explore new ones, or vote in the metaverse governance.

Put simply, players can govern, explore, and earn while enjoying the gaming experience. But what does this dystopian slice of the metaverse look like? In partnership with the Klaytn Foundation, KlayCity has released a two-part video series showcasing the virtual world in real life. Titled “RE:BUILD THE WORLD”, the thrilling videos feature world-renowned K-pop idol Jinyoung (GOT7) as well as top Hallyu stars Park Hae Soo (Squid Game, Prison Playbook) and Jun Jong Seo (Burning, The Call). They starred as survivors aboard spaceships, encountering extraterrestrial threats while trying to return to Earth.

Tune in to the RE:BUILD THE WORLD series here:

Episode 1: Return to Earth

Episode 2: Land of Opportunity

Moving forward, KlayCity is set to tap on the Klaytn Foundation’s wide expertise and global network for its go-to-market strategy. Hop aboard and expand your empire in KlayCity!


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About Klaytn Foundation

Klaytn is a public blockchain focused on the metaverse, gamefi, and the creator economy. Officially launched in June 2019, it is the dominant blockchain platform in South Korea and is now undergoing global business expansion from its international base in Singapore.

These business expansion activities are supported by the Klaytn Growth Fund, which aims to grow the ecosystem of companies built on Klaytn. The fund is managed and disbursed by Klaytn Foundation, a Singapore-based non-profit organization established in August 2021.

About KlayCity

KlayCity is a LandFi metaverse where district NFT owners can govern, explore and earn while enjoying the gaming experience. The premise is simple: reinhabit earth, gather resources, rebuild populations, and expand your territory. Built on Klaytn, KlayCity is focused on gamifying DeFi and NFT into a single ecosystem.

As part of the pre-release marketing for ‘Crypto Golf Impact’, a P2E game powered by the NEOPIN platform built on the Klaytn mainnet, Klaytn and Neowiz will be launching a large-scale airdrop campaign with $150,000 worth of KLAY for 7,000 NEOPIN wallet holders.

The airdrop campaign will run from March 14th to March 23rd, 2022, and current NEOPIN wallet holders along with new registrants can participate by completing the tasks outlined in the event page, which includes following the Klaytn and Crypto Golf Impact official Twitter accounts and social media channels. At the end of the registration period, a total of 7,000 random users will be selected via lucky draw to receive $20.00 USD equivalent of KLAY tokens that will be airdropped to their respective NEOPIN wallets.

Winners will be announced along with the token distribution on March 25th, 2022.

The link to the airdrop event page is: https://gleam.io/xvTT2/crypto-golf-impact-klay-airdrop-event

Crypto Golf Impact is a mobile sports game that is set to be officially released in April. It is a revamp of ‘Golf Impact’, which was selected as one of the Top 25 best sports games for iOS by Pocketgamers, with the integration of NEOPIN blockchain technology. The game provides intuitive controls and is optimized so that players can enjoy real-time PVP (player-vs-player) gameplay with other players across the world. After the launch of ‘Crypto Golf Impact’ in April, Neowiz plans to roll out other P2E titles from their lineup on the Klaytn-based NEOPIN platform within the second quarter of this year.

Neowiz states, “We are proactive in the development of blockchain games and keen on retaining the core gaming ‘essence’ while providing the natural blockchain experience,” adding on, “we are working closely with the Klaytn Foundation and other partners to achieve global success in the market.”

Regarding the airdrop and continuous partnership with Neowiz, Klaytn Foundation states, “Starting with our support for Crypto Golf Impact, our initiative is to facilitate their acclimation into the ecosystem within the blockchain gaming market, all the while actively supporting other game developers in their integration of blockchain technology.”

The strategic partnership between the two organizations includes coordination on various areas of play-to-earn projects from development, technical and strategic marketing support.

For 2022, Neowiz is expected to showcase three P2E titles that will be on the Klaytn mainnet-based NEOPIN blockchain, namely, ‘Crypto Golf Impact’, ‘BRAVE NINE’, and ‘A.V.A’.

Netmarble, a Klaytn Governance Council member and the gaming developer/publisher behind Marvel Future Revolution, Lineage 2 Revolution, Ninokuni: Cross Worlds, and many more mobile game smash hits, has just announced MarbleX (MBX), their blockchain ecosystem built on Klaytn.

Netmarble’s MBX ecosystem will bring their games to the next level by incorporating blockchain technology in ways that will encourage organic engagement and reward players for their participation — starting with a content update for A3: Still Alive (Global) that will integrate blockchain gaming mechanics into the game.

MBX will serve as the platform for Netmarble to link their games and technologies to expand their content into NFTs and the metaverse. Some of the other blockchain games in the works include Second Country, Golden Bros, Champions: Ascension, How to Train Your Monster Arena, and Everyone’s Marble: Metaworld.

The launch of the MBX ecosystem on the Klaytn network heralds a deepening of the partnership between Klaytn and Netmarble. We are excited to continue supporting Netmarble as they develop an exciting library of games that will enrich the Klaytn metaverse.

To find out more about Netmarble and MarbleX, visit these links below:

Netmarble Website | Netmarble Facebook

MarbleX Website | MarbleX Medium | MarbleX Twitter | MarbleX Facebook