Blockchain News

ZepetoX ventures into blockchain initiative with Solana

The ZepetoX team announced its entry into the web3 space and shared its ambition to enable creators and communities to build, play, and earn.

The crypto metaverse project has been jointly developed by top worldwide blockchain organisations, Jump Crypto and ZEPETO, Asia’s largest metaverse platform, with over 320 million registered members.

Daewook Kim, CEO of Naver Z – the operating entity of ZEPETO, said, “ZepetoX is our official venture into the blockchain industry. We feel that web3 opportunities should be advanced through a crypto-native approach, which is why we are excited to have Jumped as a contributor to developing a new platform that would have exclusive connections to ZEPETO.

He also added, “Overall, we believe that ZepetoX can build the ideal web3 platform to not only bring blockchain to our existing users but also to expand our footprint in the blockchain space through various disruptive initiatives.”

The platform will offer a variety of layers of gamification and self-expression using non-fungible tokens (NFT), allowing users to monetise their activities on the site through digital asset ownership and social interaction.

ZepetoX will start its first land sale in the upcoming months. The land will be marketable on the ZepetoX market, featuring various NFTs as the open world project evolves.

In the upcoming weeks, further sales information will be accessible on the ZepetoX website.

“We are excited to support ZepetoX’s efforts aimed at onboarding new audiences into the rapidly growing crypto space. ZEPETO’s expertise and technological know-hows accumulated over the past years from building an immersive social platform will serve as a springboard for ZepetoX,” said Saurabh Sharma, Partner at Jump Crypto.

Co-founder of Solana, Anatoly Yakovenko, has expressed his joy over the collaboration.

He said, “Projects like ZepetoX create new pathways for onboarding millions of users to web3.”

ZepetoX, the blockchain project of ZEPETO, the largest Asia-based metaverse network with over 320 million lifetime users and more than 2.5 billion virtual fashion items sold, was established in 2022.

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