Asia’s dominant metaverse blockchain ecosystem, Klaytn Foundation, has joined forces with OpenSea, the world’s leading marketplace for NFTs, to invest in the Asian NFT ecosystem.

The partnership, which was announced at NFT.NYC, is the first-of-its-kind dedicated to accelerating the growth and adoption of NFTs in Asia.

NFTs, which are unique (“non-fungible”) digital assets that are individually identifiable and traceable, are the key building blocks of the metaverse in Web3. The technology promises to enable individuals to have true ownership of digital assets, including user-created digital content distributed in the metaverse, or even digital representation of physical assets in the real world. The partnership, which will include conference collaborations, ecosystem grants, and more, will scale-up the NFT ecosystem, strengthen ties, and bring greater visibility to Asian NFT projects worldwide.

“We’re excited to partner with OpenSea on this critical step towards our vision of building a blockchain for metaverse, gamefi and the creator economy,” said David Shin, Head of Global Adoption at Klaytn Foundation. “Through these partnership initiatives, our goal is to draw out innovative use cases and support the growth of the Klaytn ecosystem in Asia.”

Advertisement

So far, Klaytn has forged strong partners in Asia, including Singapore-based Altava Group, Thailand-based East NFT, Japan-based Soramitsu and China-based Blockchain-based Service Network (BSN), just to name a few.

More details on the various initiatives will be released at a later date on Klaytn official channels. Visit https://linktr.ee/klaytnofficial for the latest news from Klaytn.

Projects and developers can also tap on Klaytn Growth Fund (KGF), developers tools and resources, and look forward to an end-to-end metaverse support package that Klaytn is building through onboarding strategic partners to provide infrastructure and other support services.