Intella X, Neowiz’s Web3 Arm, Partners with Avalanche Arcad3 to Develop Blockchain Games
In an exciting move, Neowiz, a publicly traded Korean game publisher, has announced its plans to create games on the Avalanche blockchain through its Web3 arm, IntellaX. With a strong interest in esports and blockchain games, Korea boasts a large fanbase for various gaming cultures, making it an ideal market for Neowiz’s venture.
Neowiz, known for its 25-year track record of releasing enjoyable games like Cats & Soup, has garnered significant attention for its upcoming release, Lies of P. This highly anticipated souls-like game, inspired by Pinocchio, is expected to be a top seller in 2023. In 2020 alone, Neowiz generated $51 million in revenue, showcasing its success in the industry.
Avalanche Arcad3, a collaborative Web3 gaming education program, is set to benefit from Neowiz’s expertise. The program aims to support both traditional and crypto industry projects, fostering innovation and growth in the gaming sector.
Hot Take: Neowiz’s partnership with Avalanche Arcad3 demonstrates the increasing integration of blockchain technology in the gaming industry and highlights the potential for transformative gaming experiences in the future.
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