Publicly Traded Korean Firm Neowiz To Build Games on Avalanche Network

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Publicly Traded Korean Firm Neowiz To Build Games on Avalanche Network
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Intella X, Neowiz’s Web3 arm, has joined Avalanche Arcad3 to build blockchain games in the crazed market.

AVALANCHE HOUSE, SEOUL - Publicly traded Korean game publisher Neowiz said Thursday it plans to build games on the Avalanche blockchain via its Web3 arm IntellaX.

Neowiz has a 25-year track record of fun releases, like Cats & Soup, and is behind the highly anticipated Lies of P, a souls-like game inspired by Pinocchio and expected to be a top seller of 2023. The company notched $51 million in revenue last year, Taegeun"Andrew" Bae, co-CEO of Neowiz, said at the Thursday event.

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