With the ever-increasing Metaverse hype, we have recently seen several companies invest a huge chunk of resources to develop their own Metaverse platforms or NFTs for the virtual world in the future. Krafton Inc., the developer of popular games like PUBG and BGMI, is the latest to join the Metaverse trend as it recently announced its partnership with Naver Z to develop its own “NFT metaverse platform.”

The company recently shared an official blog post to announce the deal. It has signed a Memorandum of Understanding (MoU) with a Metaverse-focused firm called Naver Z. For those who don’t know, Naver Z is a subsidiary of Naver, which developed Asia’s largest Metaverse platform named Zepeto.

“This partnership between KRAFTON and NAVER Z is bolstered by each company’s unique expertise and shared global focus as they look toward a future driven by NFTs and metaverses. By combining KRAFTON’s existing technologies and research on how to build scalable Web 3.0 creator-driven ecosystems with NAVER Z and ZEPETO’s experience and capabilities, we’re confident we can build a high-quality UGC-driven open metaverse that stands apart from other services and vitalizes the global creator economy through NFT technologies,” HyungChul Park, the Lead of Web 3.0 team at Krafton said in an official statement.