South Korean Leader swerves administration plans on blockchain-based gaming.
Game developers from South Korea are forced to stick to overseas markets.
Since 2017, South Korean game developers started to approach blockchain P2E titles but strict rules held back.
The South Korean Leader swerves administration plans on blockchain-based gaming. According to sources, South Korean President, Yoon Suk-Yeol denies lifting the ban on blockchain-based gaming in the domestic market, forcing game developers to stick to overseas markets.
Speaking about this development, Kim Jung-Tae, professor of gamification at Dongyang University, said, “The president has not mentioned [P2E] since [taking office in May].”
Additionally, Jung-Tae stated:
The game industries and developers are left speechless. We had several blockchain game models four of five years before the success of Axie Infinity, a P2E game.
Lastly, the educator added, “What is the reason? I can assure you, they still perceive...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...