South Korean sport studio Krafton, maker of the favored battle royale shooter PUBG, introduced Thursday that its upcoming NFT-driven metaverse sport challenge can be referred to as Overdare—and supplied a primary take a look at the creation-centric platform.
Beforehand referred to as Challenge Migaloo, Overdare will soft-launch in December and absolutely launch someday between January and July 2024, Krafton mentioned in a press release. The corporate has created its personal blockchain, Settlus, for the sport.
Overdare seems to be a Roblox-like cellular sport platform constructed with Epic Video games’ Unreal Engine 5 that may supply creators generative synthetic intelligence (AI) instruments to assist avid gamers craft their very own shooter video games, role-playing video games (RPGs), and motion RPGs, to call a number of. The social sport platform may even let customers create customized avatars and chat with one another.
The primary official teaser trailer above suggests an open-world platform that lets customers construct video games and environments utilizing AI instruments, play the big selection of user-generated video games, attend digital concert events, customise their avatars, and extra.
Earlier this 12 months, Krafton introduced the challenge as a three way partnership between the studio and Naver Z, an augmented actuality (AR) tech agency. Krafton nonetheless holds an 85% stake within the challenge, whereas Naver Z holds the remaining 15%.
Overdare plans to supply gamers what it calls a “create-to-earn” sport economic system, the place avid gamers can purchase and promote in-game digital belongings as NFTs. The sport will use NFTs as a result of such crypto tokens will supply “transparency and safe transactions,” in accordance with a press release.
PUBG Builders Unveil Cosmos-Based mostly Settlus Blockchain for USDC Settlements
Krafton and Naver Z are utilizing the lately revealed Settlus blockchain for Overdare’s economic system, which can enable avid gamers to earn funds in Coinbase and Circle’s U.S. dollar-backed stablecoin, USDC. Settlus will use Cosmos to facilitate USDC funds, as first introduced final week throughout a Korea Blockchain Week occasion.
The Settlus Twitter account lists it as a blockchain created by Krafton and calls it “the way forward for the creator economic system.”
In a Medium weblog publish, Krafton’s Settlus wrote that it plans to introduce an “NFT licensing system,” however didn’t elaborate on what precisely that may entail. It additionally mentioned that it’s at present working to handle potential points with Overdare’s deliberate NFT economic system, comparable to probably providing non-compulsory NFTs as an alternative of compulsory ones, addressing merchandise shortage or a scarcity thereof, and addressing issues with unstable token costs that may result in “a unfavourable expertise” for avid gamers and creators.
It’s at present unclear whether or not Settlus may even supply its personal token at a later date. Representatives for Krafton didn’t instantly reply to Decrypt’s request for touch upon the standing of Settlus and whether or not it would difficulty a brand new token or completely use USDC.
Stablecoins like USDC are sometimes chosen by crypto corporations and merchants as a result of their worth is way much less unstable than cryptocurrencies like Bitcoin and Ethereum. As an alternative, stablecoins are meant to stay pegged to the U.S. Greenback.
