PR Newswire
22 Jun 2022, 00:08 GMT+10
The acquisition gives Coin98 a gaming arm, fulfilling its ecosystem to push for Web3 mass adoption.
HO CHI MINH CITY, Vietnam, June 21, 2022 /PRNewswire/ -- The acquisition gives Coin98 a gaming arm, fulfilling its ecosystem to push for Web3 mass adoption.
First established in 2021, Yunero is a new game studio based in Vietnam, on a journey to build its dream. The team consists of professionals from the traditional gaming industry, who have worked at leading companies including VNG Corporation, Eway JSC, Vega Corporation.
According to Fortune, Vietnam was the third most popular destination globally for many crypto wallets. The popularity of crypto wallets in Vietnam shows that people are not just buying crypto, but they are actively engaging with crypto games and other platforms, especially GameFi.
Rongos is Yunero's very first attempt at Web3 gaming. It's a revolutionary play-to-earn NFT game that will revamp the current blockchain gaming ecosystem. The game is expected to launch later this year.
"Incubating a game studio is our fundamental step toward onboarding the next billion users with blockchain gaming'', Thanh Le, Coin98's Founder shared.
The gaming market has witnessed a gradual growth annually. According to Coin98 Insights report, at this rate, this market can reach over $200B revenue and 3 billion global players by 2023.
"Game is not only a product, but also our language to write a new chapter for gamers, to simplify the blockchain world, and bring Web3 to the masses." - said Du Nguyen, CEO's Yunero Studios - "With our incredible experience and passion for game development combined with Coin98's global presence and value, we believe both ecosystems will be much stronger and more extensive.
About Coin98 Labs
Coin98 Labs is a DeFi product builder focusing on creating and developing an ecosystem of DeFi protocols, Web3 applications, and NFTs on multiple blockchains. Our mission is to fulfill untapped demand and enhance in-demand utilities in the DeFi space, helping people to access DeFi services effortlessly. The Coin98 universe is now consolidating Coin98 Super App, Coin98 Exchange, Coin98 SpaceGate (cross-chain bridge), Saros Finance (A DeFi Super-Network on Solana) and many more incubating initiatives.
Website | Twitter | Telegram | Blog| Discord
About Yunero
First established in 2021, Yunero is a new game studio developed with a vision to set a new standard for the game industry and build hit games in the blockchain world. Yunero's games are developed across various platforms, including PC and mobile to bring users the best experience. At Yunero Studios, creativity and innovation are the core. They believe that the best products are often generated from random ideas or concepts, no matter how bizarre they may be.
Website | Twitter | Blog | Telegram | Facebook
SOURCE Coin98 Finance
Get a daily dose of Asia Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Bulletin.
More InformationMOSCOW, Russia: The UK newspaper, the Telegraph, has been blocked in Russia, following a request from the Russian prosecutor-general.The TASS ...
LAHORE, Pakistan - An Airbus 320 carrying 171 passengers narrowly avoided an accident at Allama Iqbal International Airport, Pakistan's second-largest ...
WASHINGTON, DC - U.S. President Joe Biden on Friday vowed to "do all in my power" to protect a woman's ...
YANGON, Myanmar - According to military-run media, a junta delegation discussed nuclear technology collaboration with a Russian state-owned atomic energy ...
DHAKA, Bangladesh - The United States Agency for International Development (USAID) is providing more than Tk2.3 crore in emergency funding ...
PHNOM PENH, Cambodia: Cambodian villagers on the Mekong River have caught a stingray fish weighing 661 pounds, which is the ...
TOKYO, Japan: Amidst semiconductor shortages and COVID-19 parts supply disruptions, Toyota has reduced its July global production target by 50,000 ...
NEW YORK CITY, New York: Electric vehicle (EV) sales could reach 33 percent globally by 2028, and 54 percent by ...
BERLIN, Germany: To prevent large increases in food prices, officials from G7 countries, including Germany and the UK, will push ...
WASHINGTON D.C.: The U.S. Food and Drug Administration (FDA) is preparing to order Juul Labs to stop selling its e-cigarettes ...
WASHINGTON D.C.: As average home prices surged to a record high, reaching the $400,000 mark for the first time, and ...
MOSCOW, Russia: Russia's consumer price index has fallen by 0.12 percent for the third consecutive week.This drop in the consumer ...