- ACT Games projects, including ‘ZOIDS WILD NFT ARENA,’ to be launched on the Cronos blockchain
- Crypto.com to provide Crypto.com Pay as payment solution, and Crypto.com DeFi Wallet as self-custodial crypto wallet for ACT Games’ blockchain based projects
Korea, October 25, 2022 — Crypto.com, the world’s fastest growing and regulated cryptocurrency platform, announced today that it has signed an MOU to promote business collaboration on blockchain-based games with game software developing studio ACT Games.
With this agreement, the two companies plan to cooperate in promoting blockchain games and NFT projects by utilizing ACT Games’ IP and Crypto.com products to release games on the Cronos blockchain.
The Cronos blockchain will be powering the ACT Games’ NFT trading card game ‘ZOIDS WILD NFT ARENA,’ an NFT trading card game that incorporates world-famous ZOIDS WILD and ZOIDS WILD ZERO media franchises and blockchain technology, which enables players to purchase, upgrade and trade cards as actual owners.
Crypto.com plans to provide its mobile payment solution ‘Crypto.com Pay’ as ACT Games’ payments solution, and its ‘Crypto.com DeFi Wallet’ as the user-friendly self-custodial crypto wallet to enable Web3 functionalities.
“It’s a great pleasure to collaborate with ACT Games, a company that acquires so many renowned games based on their IP,” said Eric Anziani, Crypto.com’s Chief Operating Officer (COO). “The gaming business is growing within the blockchain industry, and we look forward to partnering with Korean game companies to advance the global gaming industries and the further development of Web3.”
“We are looking forward to the opportunity to promote ZOIDS WILD around the world through the Cronos blockchain.” said Hyung-won Lee, CEO of ACT Games.
Cronos is the first blockchain network that interoperates with both the Ethereum and Cosmos ecosystems, focusing on DeFi, NFTs, and the metaverse. As a open-source project supported by Crypto.com and accelerated by Cronos Labs’ $100M ecosystem fund, Cronos leverages Crypto.com’s 50 million users and aims to massively scale the Web3 user community by providing builders with the ability to instantly port apps and crypto assets from other chains with low cost, high throughput, and fast finality.
Cronos is the first blockchain network that interoperates with both Ethereum and Cosmos technology, supporting Decentralized Finance, NFTs and Metaverse. It aims to massively scale the DeFi and decentralized application (Web3) user community, by providing builders with the ability to instantly port apps and crypto assets from other chains while benefiting from low cost, high throughput, and fast finality.
Since mainnet launch in November 2021, Cronos has surpassed $4B in total DeFi asset value and safely processed more than 60 million of network transactions. It is home to more than a million crypto users, growing at a fast pace. Cronos is an open-source project supported by Crypto.org, Crypto.com, and more than 400 Dapp developers and partners. It is powered by the Cronos ($CRO) cryptocurrency.
The “ZOIDS” series encompasses substantial content that TOMY Company, Ltd. has been developing as original intellectual property since 1983. ZOIDS are a biomechanical lifeform themed on dinosaurs and animals, named by combining the two words “zoic” (pertaining to animals or living beings) and “android” (a robot with a human appearance). ZOIDS are Real Moving Kit toys (assembly-type motorized toys) that are equipped with electric motors or wind-up mechanisms and move similarly to a real lifeform once assembled. For the first time in 12 years, efforts to develop “ZOIDS WILD,” the latest ZOIDS series, were initiated in 2018.
Official website: www.takaratomy.co.jp/products/zoidswild
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