Com2uS Holdings connects games through AI-based Web3 platform, sees growth in blockchain division

IconCryptoNewsTerminal Staff08 Aug, 2024

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Com2uS Holdings connects games through AI-based Web3 platform, sees growth in blockchain division

Com2uS Holdings, the South Korean gaming giant, is making strides in the blockchain and Web3 space. According to a recent announcement, the company's in-house mainnet Expla (XPLA) blockchain business division will be linking various games through the AI-based Web3 platform 'Batch AI,' developed by its subsidiary Jenaad. This move is part of Com2uS Holdings' broader strategy to embrace Web3 and leverage its potential to enhance the gaming experience. The company also reported a 16.4% increase in the cumulative number of Expla wallet subscribers in the second quarter compared to the same period last year, indicating growing interest in its blockchain ecosystem. Additionally, Com2uS Holdings plans to expand projects and portfolios on its XPLA-based NFT marketplace X-PLANET. In terms of financial performance, Com2uS Holdings saw an improvement in its operating loss during the second quarter, which narrowed to 4 billion won compared to a deficit in the same period last year. This improvement reflects the company's ongoing efforts to streamline its operations and drive growth in its core gaming business alongside its blockchain initiatives. Overall, Com2uS Holdings' move to connect games through its AI-based Web3 platform and the growth in its blockchain division are positive signs of the company's commitment to innovation and its recognition of the potential of Web3 to transform the gaming industry.