Korean Game Developer Krafton Unveils Its Metaverse Project MIGALOO

Korean game developer Krafton unveiled its metaverse project called Project MIGALOO. The head of Krafton's NFT/Metaverse business division held a presentation at the ICT Forum (ICTF) 2022 today to introduce the project which is under development. Project MIGALOO allows players to own lands in the virtual world. Creators can issue their tokens and NFTs to conduct economic activities. The predecessor of Krafton is Bluehole, a well-known Korean game company which developed Battlegrounds.