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Games & Commerce

Nexth acquisition of OneStore secures game distribution channel, puts web3 hub shift to the test

Nexth\'s acquisition of OneStore is aimed less at running an app market and more at directly owning a game distribution channel. Nexth decided to buy 20,247,990 OneStore shares for about 62.6 billion won, taking an 89.03% stake. Sellers include SK Square, Naver, Steel No.1 First and Krafton, with some joining as Nexth strategic investors. Nexth plans to add blockchain and AI capabilities to turn OneStore into a game hub, a web3 game store and an AI-native discovery platform, while facing financial and regulatory challenges.

Games & Commerce

Nexters to acquire OneStore, push shift to Web3 game store and AI platform

Nexters will acquire South Korean app market OneStore and shift it into a Web3 and artificial intelligence-based game platform. Nexters decided to buy 20,247,990 OneStore shares, or 89.03 percent, for about 62.6 billion won. Sellers include SK Square, Naver, Steel No.1 First and Krafton. Nexters plans to integrate its full-stack game platform capabilities and pursue a Web3 game store strategy globally, while keeping OneStore’s existing distribution businesses.

Games & Commerce

Netmarble launches Sol: Enchant, steps up push into MMORPG market

Netmarble is launching a new massively multiplayer online role-playing game, Sol: Enchant, in South Korea on June 18 at noon. Developed by startup Altnine and published by Netmarble, the game adopts the motto “omniscient MMORPG” and introduces a “Divine Authority” system as a core feature. At launch, it will open six worlds and 30 servers, separating general users and streamers. A launch event boosts boss rewards and grants an item to the first user to reach level 50 on each server.