Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
South Korean game developer Netmarble has given up its Metaverse business and has issued resignation notices to all employees of relevant subsidiarie

South Korean game developer Netmarble has given up its Metaverse business and has issued resignation notices to all employees of relevant subsidiarie

CointimeCointime2024/01/19 11:57
By:Cointime

South Korean game developer Netmarble has recently suggested that 70 employees of its subsidiary "Metaverse World," which is responsible for the metaverse-related business under Netmarble FC, resign. According to a member of the company, "After careful consideration, we have decided to liquidate Metaverse World due to the deterioration of the relevant market." It is reported that Metaverse World has been actively developing metaverse business, developing "Grand Cross: Meta World," and signing an agreement with the operator of the Layer 1 project SUI, Mysteen Labs. Last April, it also collaborated with The Sandbox to strengthen its metaverse content.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Australian Authorities Forfeit $2.88M in Assets Tied to Suspected Crypto Crime

A Queensland man has lost control of millions in luxury assets, including Bitcoin, a waterfront mansion, and a Mercedes-Benz after Australian authorities linked them to suspected criminal proceeds.

DeFi Planet2025/05/20 01:22
Australian Authorities Forfeit $2.88M in Assets Tied to Suspected Crypto Crime

Tether Overtakes Germany in US Treasury Holdings, Signaling Strength of Its Reserve Strategy

In a striking display of financial heft and stability, Tether has overtaken Germany in U.S. Treasury bill holdings, underscoring its dominant position in the digital asset ecosystem and its conservative approach to reserve management.

DeFi Planet2025/05/20 01:22
Tether Overtakes Germany in US Treasury Holdings, Signaling Strength of Its Reserve Strategy