Binance, a top crypto exchange platform, has announced that it will sign a Memorandum of Understanding (MoU) with Netmarbe F&C, a US subsidiary of South Korea’s largest mobile-gaming company Netmarble Games Corp, to help in the development of NFT and global Play to Earn (P2E) services.
The first step in this new partnership will be the presale of the casual shooting game by Netmarble, ‘Golden Bros’. However, there is still an ongoing discussion to see whether there will be a possibility of launching an Initial Game Offering (IGO) on the Binance NFT platform.
According to the announcement, Netmarble will develop a private chain on the BSC GameFi sidechain and also create a GameFi initiative that will help the BSC GameFi ecosystem and the worldwide P2E ecosystem large.
Netmarble game on Binance NFT marketplace
In addition to the technological collaboration, it will be possible to sell the Netmarble game on the Binance NFT marketplace. Netmarble will also be integrated into the Binance crypto ecosystem to support future game development.
Netmarble F&C came up with a P2E infrastructure and technology that will be integrated into their existing companies, with the recent acquisition being ITAM CUBE, a GameFi project on BSC. Two of the company’s best successful games are; ‘Blade & Soul Revolution’ and ‘The Seven Deadly Sins: Grand Cross’.