Web3 gaming network Iskra forms strategic collaboration with HD Labs to boost its gaming capabilities
Firing Up the Launch of Iskra's First Web3 Game
The Web3 industry’s star is on the rise, with tech and financial powerhouses jumping on the bandwagon. Today, Web3 gaming company Iskra announced a strategic partnership with HDLabs, a global blockchain technology player. According to the announcement, Iskra will invest 100,000,000 South Korean Won (KRW) in the expansion of its Web3 gaming network, with a big part earmarked for the launch of its inaugural title.
Getting Ready for the Debut of 3 Kingdom Multiverse (3KM)
Iskra has been burning the midnight oil, prepping for the launch of its initial Web3 game. This collaboration with HDLabs, the first in a series of strategic partnerships, kicks off their long-term gaming ventures which include the release of 3 Kingdom Multiverse (3KM), the opening salvo of Iskra's gaming lineup.
Junyoung Park, Games Business Division Head, expressed that this partnership aligns with the company’s quest for robust gaming partnerships in the Web3 arena. Park said, "We've teamed up with HDLabs because we’re bullish on their potential to give games a Web3 edge and open up game-changing opportunities for players."
Iskra's investment of 100,000,000 KRW in HDLabs includes purchasing 438 units of 3KM Mystery Boxes for promotional purposes. These box sales will contribute to the marketing of 3KM and its related digital assets, including the first and second rounds of Iskra's Daily Luck Spin and Mission Card quest.
HDLabs and Iskra aren’t the only players dipping their toes in the Web3 pool. Yesterday, Tencent cloud disclosed its entire entrance into the Web3 ecosystem. Prior to that, the Hong Kong government allocated a HK$50 million grant from the government budget for the 2023-24 fiscal year to expand the Web3 ecosystem. They’ll also establish a task force to handle the development of virtual assets, focusing on suggesting responsible and sustainable growth in the sector.
The broader picture shows a growing interest from tech companies like NVIDIA, contributing to advanced gaming technologies such as real-time rendering techniques and blockchain integrations in games. Financial institutions are delving into blockchain and AI technologies, potentially supporting Web3 gaming efforts. If Iskra is associated with the development or promotion of 3 Kingdoms Multiverse, it could be part of a larger trend where companies are investing in Web3 gaming projects to leverage the power of emerging technologies like blockchain and decentralized platforms. However, specifics about Iskra's partnership with HDLabs or their strategic impact on 3KM's launch are scarce in the available sources.
- Iskra's strategic partnership with HDLabs, announced yesterday, is part of the web3 gaming company's quest for robust partnerships in the Web3 industry.
- The partnership with HDLabs involves an investment of 100,000,000 South Korean Won (KRW) by Iskra, with a portion of it being allocated for the launch of their first Web3 game, 3 Kingdom Multiverse (3KM).
- HDLabs, a global blockchain technology player, was chosen by Iskra for their potential to give games a Web3 edge and open up game-changing opportunities for players.
- The investment includes purchasing 438 units of 3KM Mystery Boxes for promotional purposes, which will contribute to the marketing of 3KM and its related digital assets.
- The Web3 gaming sector is attracting the interest of tech companies like NVIDIA, investing in advanced gaming technologies, and financial institutions delving into blockchain and AI technologies, potentially supporting Web3 gaming efforts.
