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Kinguin Reinvents the Online Gaming Marketplace with ICO Launch of “Krown Tokens”

Kinguin Reinvents the Online Gaming Marketplace with ICO Launch of “Krown Tokens”

TALLINN, Estonia, Mar. 29 (Korea Bizwire) — Kinguin, one of the world’s largest online retailers in the video and PC game industry, announces the launch of its next generation online marketplace – poised to transform this industry. Kinguin has created a truly decentralized e-commerce environment with the launch of “Krown Tokens” – the first-ever digital [...]

Online Games Turn to Webtoons for Content

Online Games Turn to Webtoons for Content

SEOUL, August 1 (Korea Bizwire) – Use of the intellectual property (IP) of webtoons (online comics) in the gaming industry is becoming increasingly popular. Because the main characters in webtoon series are already familiar to young gamers who often read comics, use of existing characters offers cost-saving benefits when it comes to marketing. Naver and Daum, the [...]

Online Battle of Sexes Still Raging in Korea after Gangnam Station Murder

Online Battle of Sexes Still Raging in Korea after Gangnam Station Murder

SEOUL, July 25 (Korea Bizwire) – It has been 70 days since the Gangnam Station murder, which sparked the ongoing controversy over gender crimes in South Korea. The recent issue of a voice actress from the online game “Closer” being fired for wearing a ‘feminist’ t-shirt has started another fiery battle of the sexes on social [...]

Strict Online Game Regulation for Youth Incurs 1.16 Tln Won Loss

Strict Online Game Regulation for Youth Incurs 1.16 Tln Won Loss

SEOUL, May 6 (Korea Bizwire) — A strict regulation that bans nighttime online gaming for children has led to a 1.16 trillion won (US$1.07 billion) loss in the South Korean games industry, a report showed Wednesday. Also known as the “forced shutdown system,” online game operators are currently prohibited from providing services to children under [...]

“Game Shutdown” Policy to Face an Uphill Battle Against the Local Game Industry

“Game Shutdown” Policy to Face an Uphill Battle Against the Local Game Industry

SEOUL, Korea, April 26, 2014 (Korea Bizwire) – After the Constitutional Court of Korea ruled that the so-called “shutdown policy” — which had been introduced in 2010 — legal, the local game industry showed extreme backlash, criticizing the decision was a contradictory ruling against the current regulatory reform stance of the government.  The policy mandated [...]

United Eleven by Nexon to Excite Online Gamers across the Globe

United Eleven by Nexon to Excite Online Gamers across the Globe

TOKYO, April 9, 2014 (Korea Bizwire) – NEXON Europe, subsidiary of NEXON, a leader in free-to-play online gaming, today announced its latest title, United Eleven. United Eleven is a browser-based, cross-platform real-time strategy and simulation game that combines names and faces of actual players with the most sophisticated match engine available. The game will be [...]

UOL and Gyeonggi Province Partner to Expand Content and Games Industry in Brazil and South Korea

UOL and Gyeonggi Province Partner to Expand Content and Games Industry in Brazil and South Korea

  SAO PAULO, BRAZIL, Apr. 2, 2014 (Korea Bizwire) – Universo Online (UOL), the largest internet service and content provider in Brazil, and South Korea’s Gyeonggi Province, global economic leader and a driving force in the Korean economy, today announced a Memorandum of Understanding (MOU) agreement to promote each other’s online games and content markets. The [...]