Last Updated on September 18, 2023 by Bitfinsider

With its new game, Krafton, a South Korean game developer best known for the worldwide smash hit PlayerUnknown’s Battlegrounds (PUBG), is expected to take Roblox on with The Korea Economic Daily (KED), a business daily newspaper.

The new video game, Overdare (formerly known as Project Migaloo), is reportedly being created in collaboration with Naver Z, a metaverse division of Naver Corp, a South Korean internet company. User-generated content (UGC) platform Overdare is anticipated to compete with well-known building video games Roblox and The Sandbox.

Unreal Engine 5 and generative artificial intelligence (though no specifics on the latter were given) will be used in the video game. According to the study, Overdare lets users connect with pals and personalise their virtual avatars.

According to a statement from Krafton, some media outlets claim that the video game will be built on the Settlus blockchain network. According to reports, non-fungible tokens (NFTs) would be supported in a “create-to-earn” in-game economy that will be built on the blockchain.

Thus yet, neither Krafton nor Naver Z had made any public announcements about the situation. In December 2023, Krafton intends to release additional information about the video game, according to KED.

Krafton signed an agreement with Solana in March 2022 to launch products on the network. Solana Labs will have to help the video game producer with the games’ marketing and layout as part of the agreement. The South Korean company, however, made the decision not to utilise Solana for its next project.