Qatar Airways and Malaysia Airlines have signed a Memorandum of Understanding (MoU) for leading Asia Pacific Travel by strategic co-operation. The new agreement will further facilitate a strategic cooperation that will see both airlines working closely together across multiple areas […]

The first installment will be $15 million.

Korean Air announced that its first Boeing 737-8 MAX 8 was delivered to Incheon Airport on February 13, 2022. The newly introduced Boeing 737-8 is scheduled to begin operations from March 1, 2022 after undergoing standard safety procedures such as an airworthiness test. Kicking off with its first delivery of the 737-8, Korean Air is […]

The Ministry of Tourism has signed a Memorandum of Understanding (MoU) with Alliance Air Aviation Limited (AAAL), a subsidiary of Indian Airlines, for boosting tourism throughout India. The aim is to position India as a preferred tourism destination, and Alliance […]

The Securities and Commodities Authority (SCA) in UAE is reportedly in the final stages of finalizing the legislation that would allow virtual asset service providers (VASPs) to establish themselves in the country, reported Bloomberg. A national crypto licensing legislation would help UAE with its goal to become a leading crypto-friendly jurisdiction.   The regulators are working on […]

Read full post The UAE is reportedly planning to issue a federal crypto license for virtual asset service providers. on Chaintimes.com.

Kununurra-based air charter companies Aviair and HeliSpirit have placed an order for up to 50 of Eve’s zero emission electric vertical takeoff and landing (eVTOL) aircraft, with flights to commence in 2026.

Etihad Airways’ has signed a Letter of Intent (LoI) for seven A350F freighters to add to its existing fleet of five A350-1000 passenger versions. The announcement was made at the Singapore Airshow 2022. Etihad has also selected Airbus’s Flight Hour Services (FHS) to support its entire A350 fleet.

Binance, one of the world’s most popular cryptocurrency exchanges has announced the signing of a Memorandum of Understanding (MoU) with Netmarble F&C. Netmarble F&C is a Netmarble Corporation subsidiary. They will be developing a global Play to Earn (P2E) ecosystem and NFT service.  According to the release, Netmarble will develop a private chain on the BSC GameFi sidechain. Netmarble will create GameFi initiatives that will help the BSC GameFi ecosystem and the worldwide P2E ecosystem. Aside from the technological collaboration, Netmarble game NFT will be sold on Binance’s NFT marketplace, as well as Netmarble will be integrated into Binance’s crypto ecosystem to support the development of crypto in future games.  Netmarble F&C is a wholly-owned subsidiary of Netmarble Corporation, which was founded in 2014. ‘The Seven Deadly Sins: Grand Cross’ and ‘Blade & Soul Revolution’ are two of the company’s most successful games. Netmarble F&C has acquired P2E infrastructure and technology to integrate their existing companies into the blockchain with the recent acquisition of ITAM CUBE, a GameFi project on BSC.  The NFT presale for ‘Golden Bros,’ a casual shooting game produced by Netmarble, will be the first step in this newfound partnership. Binance and Netmarble are discussing the possibility of launching an Initial Game Offering (IGO) on the Binance NFT platform.

The post Binance Signed a Partnership With Netmarble to Build a Global P2E appeared first on Cryptoknowmics-Crypto News and Media Platform.

Binance and the South Korean entertainment corporation, YG Entertainment, have signed an agreement that enables the two firms to collaborate on blockchain projects that include non-fungible tokens (NFTs). They also plan to develop games that are compatible with the Binance Smart Chain (BSC). NFTs, Games, and Metaverse Collaborations Cryptocurrency exchange Binance and YG Entertainment Inc.,…

The post Binance Partners With Korean Entertainment Corporation — NFT and Metaverse Collaborations Envisioned appeared first on Bitcoin News Miner.

Emirates, the world’s largest international airline, has signed a Memorandum of Understanding (MoU) with Maldivian, the national airline and leading domestic carrier in the Maldives, to explore codeshare, interline, and joint holiday package opportunities. The two carriers are reviewing a codeshare agreement that will enable Emirates’ customers to conveniently book and connect from Male’ to […]

Clearly having not read the room at all over the last few months, PUBG creator Krafton has announced it has "entered a memorandum of understanding (MOU) with Naver Z to develop a new Web 3.0 and non-fungible token (NFT) project". Sigh.

This project will be aimed at building an "NFT metaverse platform", with Krafton using its experience of creating games such as PUBG to "develop a user-generation content [UGC] creation tool". The company will use Unreal Engine to build a "high-quality virtual world".

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PUBG developer Krafton has become the latest gaming company to make moves into the NFT space. The company said in a news release that it has invested more than $6.5 million into multiple companies to advance its efforts in this space, while it also plans to make its own NFT-related projects.

Krafton is investing $2.5 million into Seoul Auction Blue and $4.1 million into XBYBLUE, while it has signed a memorandum of understanding (MOU) to make its own NFT projects.

Seoul Auction Blue runs the art purchasing platform SOTWO. XBYBLUE, meanwhile, runs a service called XXBLUE that acquires and curates digital content IP that can then be sold to consumers.

Krafton's game studio, Bluehole, will lead the charge in working with these new companies to use Krafton's technology to make and sell NFT avatars for use in the metaverse "in the future."

Krafton CEO CH Kim said the company is confident it can come up with NFT solutions are that are "fun and engaging." Kim teased that this is "just the beginning" of what Krafton has planned in this space. Partnerships with other companies around the world will be announced later.

As for the NFT projects, Krafton said in a second release that it's working with NAVER Z to make new Web 3.0 and NFT projects to create an "NFT metaverse platform." NAVER Z runs the ZEPETO metaverse platform, which boasts 290 million users globally.

Krafton said it is leveraging its experience in making a big online game, PUBG, to help fuel its efforts in the metaverse space. It will also create a user-generated content tool and make a "high quality virtual world" using Epic's Unreal Engine to make its metaverse.

The announcement of Krafton's NFT/metaverse plans comes just days after Elden Ring company Bandai Namco announced it would spend $130 million to create its own IP metaverse, according to VGC.

NFTs, in particular, have been one of the most-discussed elements of games and the wider technology space for the past year or so. Recently, the indie games platform Itch.io slammed NFTs and the companies that support them. Check out GameSpot's roundup to find out more on where video game companies like Ubisoft, EA, Nintendo, EA, and Xbox stand on them.