South Korea-based blockchain-focused investment firm Hashed has announced the launch of its new startup studio to support and research new use cases of blockchain technology in the rapidly growing NFT space .
Exploring the full potential of blockchain
In a press release today, Hashed noted that the studio, named UNOPND, will foster various creative projects with the primary aim of exploring and experimenting with new ways to apply blockchain technology to the online gaming industries and of the NFT.
UNOPND will present to the industry not only ideas that appeal to crypto enthusiasts, but also those that appeal to mainstream users who may not be fully involved in the crypto space.
Hashed noted that while the concept of metaverse and provable ownership of digital assets is still relatively new, it has huge potential that could completely change the way users consume entertainment.
Commenting on the launch, Simon Kim, co-founder and CEO of Hashed said:
“Hashed is excited to lead efforts to mainstream blockchain. The financial application of blockchain is one of the many areas we are exploring right now, and we find it ripe to support teams and founders keen to explore the full potential of blockchain through other creative means through UNOPND.
UNOPND to support NFT developers
The new studio will give project builders full support by providing them with the necessary tools they need, including team building and community engagement. Hashed will also offer support by providing expert market information, access to the business network and funding.
Chan Lee, CEO of UNOPND, added, “UNOPND will build an ecosystem of creators and users and deliver innovative services that will unlock the value of blockchain. We have found that many blockchain-based games and social services have become popular in recent years. We want to focus on market demand, especially communities, to find the most attractive products.
The UNOPND is currently supporting several projects while studying different innovative NFT application methods. The studio also plans to work with several L1 networks, including Ethereum, Terra, etc.
Meanwhile, Hashed has made the news with his growing investments in the industry. The well-known blockchain venture capital firm recently invested in crypto analysis firm CryptoQuant alongside portfolio manager NFT NFTBank.
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