South Korean game developer Gamevil has acquired blockchain tech company Genard

On November 25, Gamevil, a Korean game developer, acquired blockchain technology company Genard and began developing a blockchain-based gaming platform. Gamevil announced yesterday that after the acquisition of Xenard, the development of the blockchain ecosystem has reached its final stage. Zenaad's technology was developed in the Gamevil development team. The company will use blockchain technology to create an electronic wallet for NFT exchanges and develop blockchain-based delivery solutions for the global HIVE gaming services platform. It is known that Gamevil's HIVE platform will transform into a blockchain-based open source gaming platform to improve the on-chain game creation environment and facilitate NFT commerce. Gamevil's NFT exchange is expected to begin in the first half of 2022. (Forcast)