NHN Takes on Blockchain Gaming with Sui and Mysten Labs

South Korean powerhouse NHN is diving into the future of gaming by venturing into blockchain gaming, with Sui being its platform of choice in collaboration with Mysten Labs.

With their well-known games such as Hangame Poker, Crusader’s Quest, and Guns Up! Mobile War Strategy, they’ve already amassed a staggering 37 million users. But this time around, the tech giant aims to shake things up by integrating NFTs into digital board games.

The specifics of how NHN will incorporate NFTs and crypto tokens in their upcoming titles remain a mystery. However, Jin Lee, NHN’s Head of Business Development, shared insights into their vision. He highlighted the potential of players gifting in-game items as NFTs and the chance to earn crypto token rewards.

Lee drew a parallel between crypto gaming and the evolution the industry has seen. “From game copy sales to PC and social games, and from feature phones to smartphones, the gaming landscape has continuously transformed,” Lee mentioned. “Marrying the essence of game content with tokenomics represents the next big leap.”

NHN’s collaboration with Mysten Labs, the genius behind Sui, arises from their shared vision for the future of crypto gaming. Evan Cheng, the CEO of Mysten Labs, expressed his enthusiasm about the partnership, emphasizing the challenge in creating Web3 products that can draw users in large numbers. “We aim to deliver Web3’s benefits to a global audience. Drawing significant user volume is crucial for us,” Cheng stated.

The wave of blockchain gaming isn’t limited to NHN alone. South Korea’s gaming industry seems to be in a race to harness the potential of blockchain, with big names like Krafton, Com2us, Wemade, Nexon, Neowiz, NCSoft, and OneUniverse already developing games in this domain. In January, it was reported that these big players included would be driving the country’s NFT Spend Value would to grow from US$938.6 million in 2022 to US$4.9 billion by 2028.