PUBG Parent Company Krafton to Launch Cosmos-Based Chain

Reported CryptoPotato, Krafton, the prominent South Korean video game company renowned for games such as PUBG: Battlegrounds, is making its foray into the blockchain realm with Settlus. Built on the Cosmos platform, Settlus is a blockchain specifically designed to streamline transparent settlement processes for content creators.

Josh Lee, the founder of Cosmos-based DEX Osmosis, was the first to reveal on September 4 that Krafton is gearing up to introduce a blockchain chain. The development was further confirmed by Cosmos-based app-chain called Noble’s co-founder ‘Jelena.’

The exec added that Krafton is reportedly building an app chain on Cosmos and plans to use Circle’s USDC stablecoin as the primary currency for creator settlements.

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