News Snapshot:
South Korea’s most popular metaverse blockchain, Klaytn, will benefit from increased liquidity and better token swaps thanks to a new partnership with decentralized finance (DeFi) protocol 1inch Network. Klaytn has seen success in South Korea, as the country continues to see prolific use of non-fungible tokens (NFTs) and GameFi. Klaytn is a product of tech giant Kakao, which has a user base of some 52 million people using its flagship KakaoTalk app and suite of software products. Klaytn has derived its proprietary blockchain technology from the Ethereum virtual machine and powers various play-to-earn and AAA games, NFT marketplaces, and metaverses....
