Dragonfly Gf Co., Ltd. Creates Joint Venture with Rush Coin Foundation for Blockchain P2e Game Services
December 08, 2021 at 06:30 pm IST
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DRAGONFLY GF CO., LTD. announced on the 16th that it has established a subsidiary companyDF Chain, and finished registration to provide blockchain P2E (Play to Earn) game services. The new subsidiary, DF Chain, is a joint venture (joint corporation) created by "Gamechain CO., LTD." a corporation run by RUSH Coin Foundation and DRAGONFLY GF CO., LTD. RUSH Coin Foundation runs "Gamechain CO., LTD." and is the issuer of RUSH Coin based in Hong Kong. RUSH Coin is listed on Crypto Exchanges "Coinone," "Bit Global," and "FOBLGATE." DRAGONFLY GF CO., LTD. expects to create an overall ecosystem of P2E ranging from issuing of NFTs (Non-fungible Tokens), coin deposit and withdrawal, supply and demand adjustment, NFT purchase and transaction in accordance with the influx of new members through the subsidiary company DF Chain. P2E refers to gaming with the objective of turning a profit. Users can make a profit by getting a general token or NFT, which can then be converted into cash or NFT and sold at a higher price. P2E is rapidly gaining popularity in the Southeast Asian and global markets as other economic activities have declined due to the Covid-19 pandemic. DRAGONFLY is preparing for the relaunch of "Special force IP," the immensely popular game in the Philippines, where the P2E market is exceptionally robust. DRAGONFLY also has a strong lineup of games, content, developing know-how and global user pool in addition to "Special force IP." Applying DRAGONFLY's blockchain technology and P2E services to all games would lead to services based on a platform like "Steam" with players using cryptocurrencies such as Ethereum in addition to Rush Coin.
Dragonfly GF Co., Ltd. is a Korea-based company engaged in the development and distribution of game software. The Company develops and distributes online game and computer game software, including first-person shooter (FPS) games, massively multiplayer online role-playing games (MMORPGs), casual games and others, such as Special Force, Soldier of fortune online, Quake Wars online, KARMA and KARMA online, VAAN online, Kingdom under fire online, The tour of duty, Valpurgis night, Anpan man and Anpan man 2 and others. It also provides mobile games, such as Special force net, Special force defence, Speed scandal for Kakao and others. The Company provides online game services within domestic market and to overseas markets, including China, Japan, America, Taiwan, Thailand, Philippines, Vietnam, Europe and others. It also provides Internet-based advertising services.