NEAR Foundation and METABORA SG, a Web3 game owned by Kakao Games

On March 6, the NEAR Foundation and the Web3 game project METABORA SINGAPORE (hereinafter referred to as METABORA SG) under Kakao Games signed a strategic memorandum of understanding.

Interpretation of this information:

On March 6, 2021, the NEAR Foundation and the Web3 game project METABORA SINGAPORE, which is a subsidiary of Kakao Games, signed a strategic memorandum of understanding. This agreement marks a significant step towards strengthening the blockchain game industry in Singapore and globally.

The NEAR Foundation, a decentralized platform for building blockchain applications, will be collaborating with METABORA SG to promote the adoption of blockchain technology in the gaming industry. The partnership will enable both parties to share their resources and expertise in developing blockchain games, and this collaboration will lay the foundation for future blockchain game development.

The gaming industry has witnessed a significant rise in blockchain-based games over the years. Blockchain games utilize blockchain technology, which allows for the creation of digital assets that players can own and trade. Blockchain games offer a new level of ownership and control to gamers, paving the way to a new era of gaming. The partnership between NEAR Foundation and METABORA SG will bring significant benefits to the gaming industry, accessible to gamers worldwide.

Furthermore, NEAR Foundation’s collaboration with METABORA SG signals a significant step towards increasing the adoption of blockchain technology in Singapore’s economy. Singapore has been a growing hub for blockchain-based innovation, as its initiatives to become a Smart Nation seek to employ new digital technologies that can support its development. With this current agreement, it is apparent that the country is taking a significant leap forward in integrating blockchain technology into mainstream industries.

The keywords that sum up this message are “NEAR Foundation,” “METABORA SG,” and “strategic memorandum of understanding.” This partnership will strengthen the blockchain game industry, promote adoption of blockchain technology, and increase it’s integration into mainstream economies. Moreover, the collaboratory efforts of the NEAR Foundation and METABORA SG with a strategic memorandum of understanding in place will open doors to future blockchain game advancements worldwide.