News

Blockchain Gaming Gets Boost as Saudi Arabia and South Korea Join Hands

• South Korea and Saudi Arabia are joining forces to promote blockchain gaming in the region.
• Wemade, a video game developer in Korea, is partnering with the Ministry of Investment in Saudi Arabia to help create business opportunities for foreign nations.
• Wemade has released several popular gaming titles, including “Legend of Mir”, which is enjoyed by more than 1,000 gamers worldwide.

South Korea and Saudi Arabia Collaborate

South Korea and Saudi Arabia have announced that they will be joining forces to promote blockchain gaming within the region. The Ministry of Investment in Saudi Arabia is partnering with Wemade, a video game developer from South Korea, in order to create new business opportunities for foreign nations.

Wemade’s Games

Wemade has released several popular games over the years such as “Legend of Mir” which is currently being enjoyed by more than 1,000 gamers from all around the world. Furthermore, back in February 2021, Wemade also teamed up with Savvy Games’ Nine66 which was supported through a public investment fund. This partnership was implemented with the aim of providing educational content and training future generations of blockchain gamers as well as sponsoring regional events.

Goal of Partnership

The goal of this partnership between South Korea and Saudi Arabia is to ensure that Saudi Arabia remains a global hub for expansion initiatives and investments related to blockchain technology and gaming industry. Charles Huh – global investment officer at Wemade – stated: “As the demand for games and blockchain technologies continues to grow in Saudi Arabia we are committed to showcasing our capabilities and delivering innovative solutions that meet their needs.“

Benefits For Both Parties

Both parties involved believe that this partnership will benefit them greatly due to it creating new opportunities within the global game industry. It will also provide more education and training content for future generations of blockchain gamers who wish to learn about this exciting new technology as well as giving sponsorship opportunities for regional events within both countries.

Conclusion

Overall it seems like this partnership between South Korea and Saudi Arabia could prove very beneficial for both countries not only financially but also culturally due their shared interest in blockchain technology and gaming industry overall.