Avalanche and Neowiz Team Up for Next-Level Gaming

South Korean game mogul Neowiz declared plans to incorporate Avalanche blockchain in their game designs through their Web3 division, IntellaX. Recognizing Korea’s immense interest in esports and blockchain-based games, companies like Neowiz are at the forefront. The nation’s gaming excitement has significantly boosted Neowiz’s stature, ranking it amongst Korea’s elite gaming corporations in terms of market value.

With renowned titles under its belt like Cats & Soup and the much-awaited Lies of P, inspired by the tale of Pinocchio, Neowiz’s success is evident. According to co-CEO Taegeun “Andrew” Bae, the firm reported a substantial revenue of $51 million in the past year.

Ed Chang, Ava Labs’ gaming chief, expressed his enthusiasm at the collaboration with Neowiz. He stated, “We couldn’t be more excited to be collaborating with Neowiz and continuing to expand our robust gaming network in South Korea.” Furthermore, he emphasized the importance of this partnership for the Avalanche Arcad3 initiative. “Having such an experienced game publisher join Arcad3 will strengthen the whole program, and the expertise of the first Arcad3 cohort will position Neowiz to make the best possible entry into Web3 gaming,” Chang shared.

Avalanche Arcad3, in essence, serves as a joint Web3 gaming instructional scheme, catering to both mainstream and crypto-centric projects.