Crypto.com Scores MPI License in Singapore

Wemade has signed an agreement with Swedish gaming company Crypto Rogue Games to onboard the developer’s blockchain game Crystals of Naramunz to WEMIX PLAY, according to an official press release on Tuesday (KST).Photo by Anas Alshanti on Unsplash“Our collaboration represents a convergence of expertise and creativity,” said Åke Andre, CEO of the development studio. “Crypto Rogue Games is thrilled to announce our partnership with WEMIX PLAY. This marks a significant milestone in our vision to reach the pinnacle of excellence in the Action RPG genre by providing everlasting experiences and value to our players.” Post-apocalyptic funCrystals of Naramunz is an upcoming free-to-play action role-playing game (RPG) set in a post-apocalyptic steampunk world called Naramunz. Players can explore Naramunz, which is characterized by ruins and dungeons, maximize the benefits of their in-game items and skills, and collect and trade in-game assets. The game also features fast and explosive action sequences, character upgrades and a barter economy. Unveiling potentialCrypto Rogue Games recently held an Alpha playtest for Crystals of Naramunz to gather feedback and assess improvements that can be made. A report published on the game’s official Medium page disclosed that reactions were positive, noting strengths and weaknesses of the game in its current stage of development. Crypto Rogue Games is led by a team of industry veterans from various RPG projects like the Path of Exile series and Pillars of Eternity, as well as the strategic simulation game Stellaris.

Internet-only Kbank offers virtual accounts for fractional art investorsKbank, a neobank based in South Korea, announced on Tuesday (local time) a new service for its customers interested in art investment. According to a report by local news outlet Newsis, Kbank has introduced virtual accounts for clients investing in securities that allow fractional ownership of artworks. These virtual account numbers will mirror the mobile phone numbers of securities subscribers, making them easy to remember and use. Subscribers will utilize these accounts to deposit funds for placing bids on fractional shares of art pieces.Photo by Precondo CA on UnsplashYayoi Kusama’s pumpkinThis unique bidding event, a first in the nation, is scheduled to run until Dec. 22. It will feature “Pumpkin,” a 2001 artwork by renowned Japanese contemporary artist Yayoi Kusama. Artnguide, a platform operated by Yeolmae Company, is managing the event. Yeolmae Company has secured regulatory approval to issue security tokens backed by the artwork.Total of 12,320 sharesThe event offers a total of 12,320 shares, with each share having a par value of KRW 100,000, which is approximately $77. An individual participant in this event is allowed to place bids for a maximum of 300 shares.In the Korean crypto market, Kbank is well-known for providing banking services to Upbit, the nation’s largest fiat-to-crypto exchange. In Korea, legal regulations mandate that any virtual asset service provider offering trading in Korean won must secure bank accounts from a local bank.Kbank’s recent initiative highlights the internet-only bank’s active engagement in the blockchain industry. Presently, Kbank provides its virtual account services to 16 companies, and it is focused on expanding its partnership base. Looking ahead, the bank plans to diversify its financial offerings, exploring innovative approaches like security token offerings to broaden its services in the evolving financial landscape.

Galaxia Metaverse and ZIKTALK to Expand Blockchain and Web3 InitiativesSouth Korean blockchain company Galaxia Metaverse said Friday it has signed a memorandum of understanding (MOU) with the Web3 social media platform ZIKTALK. The two companies plan to collaborate for the expansion of and boosted connectivity between Galaxia’s blockchain wallet and ZIKTALK’s social media services.Photo by GuerrillaBuzz on UnsplashEncouraging engagementZIKTALK is a Web3 short-form video platform that rewards users based on their activities in the app. Video creators and viewers can receive ZIK tokens as rewards for watching or sharing videos, inviting friends, gaining followers, leaving comments, and more. Currently, the platform has around 1.4 million users primarily in Southeast Asian countries such as the Philippines, Indonesia, and Vietnam.Galaxia Metaverse’s main service, Galaxia Wallet (GXA Wallet), is a digital blockchain wallet that supports major mainnets such as Ethereum, Binance, Polygon, and Klaytn. Its utility token Galaxia (GXA), which can be stored in the Wallet, is rewarded through staking and can be used for purchasing NFTs. Wallet holders can also receive rewards when they use MetaGalaxia, a curation-based NFT marketplace, and acquire GXA when they use a coffee delivery application created by WeMakePrice O, the food delivery platform of e-commerce firm WeMakePrice.Together, Galaxia and ZIKTALK aim to expand their blockchain ecosystems to allow users to utilize their wallets and tokens in a safer and more convenient manner. This includes implementing more services such as token registration and wallet connection so that ZIKTALK users can use Galaxia Wallet more efficiently.“The majority of ZIKTALK users, which mainly consists of young people in their 20s and 30s who enjoy short-form content, represent the demographic that would benefit most from using Galaxia Wallet,” Galaxia said in a statement.Global growth and partnershipsMeanwhile, Galaxia has been actively expanding its blockchain ecosystem this year both domestically and internationally, collaborating with industry leaders such as Korean online marketplace Coupang and Singaporean blockchain-based mobility enterprise MVL Foundation.