Gamevil and Com2uS has officially signed a memorandum of understanding with the Korean blockchain platform Terraform Labs to build out a blockchain gaming platform based on the Terra blockchain.
Tentatively named ‘Project C2X’, both companies will be working to build the ecosystem and issuing its native C2X token.
Underpinning this partnership is the broader aim of extending the accessibility of blockchain to game developers across Korea and Asia.
Alongside issuing C2X tokens, the partnership also includes technical collaboration between the two, especially beneficial as Gamevil aims to open an NFT market which is slated for the first quarter of 2022, and will be integrated with its existing Hive social platform.
As a more application-specific blockchain, Terra leverages a range of fiat-pegged stablecoins to support whichever platforms and projects put it into action.
Built on both the Cosmos SDK and Tendermint Protocol, it offers users great stability and scalability, necessary qualities for ecosystems like Hive.
The companies expect to release dozens of games on the platform during 2022, including Summoners War: Chronicles.