Coinscreed
  • Home
  • News
    • NFT News
    • Metaverse News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • DeFi News
    • Blockchain News
    • Web3 News
    • Press Release
    • Hacks and Scams
    • Sponsored Post
  • Stories
    • Interviews
    • Secret Lives
    • My Life in Crypto
  • Market Analysis
  • Learn
    • Bitcoin
    • Ethereum
    • Cryptocurrency Exchange
    • NFTs
    • DeFi
    • Web3
    • Metaverse
    • Blockchain
    • Trading
    • Crypto Guide
  • Quizzes
Advertise
No Result
View All Result
  • bitcoinBitcoin(BTC)
    $0.003.96% 24H
    BITCOIN
    24H : 3.96%
    Volume : $0.00
    Marketcap : $0.00
  • ethereumEthereum(ETH)
    $0.003.66% 24H
    ETHEREUM
    24H : 3.66%
    Volume : $0.00
    Marketcap : $0.00
  • binancecoinBNB(BNB)
    $0.002.19% 24H
    BNB
    24H : 2.19%
    Volume : $0.00
    Marketcap : $0.00
  • rippleXRP(XRP)
    $0.001.98% 24H
    XRP
    24H : 1.98%
    Volume : $0.00
    Marketcap : $0.00
  • cardanoCardano(ADA)
    $0.003.25% 24H
    CARDANO
    24H : 3.25%
    Volume : $0.00
    Marketcap : $0.00
  • terra-lunaTerra Luna Classic(LUNC)
    $0.000.940% 24H
    TERRA LUNA CLASSIC
    24H : 0.940%
    Volume : $0.00
    Marketcap : $0.00
Coinscreed
  • Home
  • News
    • NFT News
    • Metaverse News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • DeFi News
    • Blockchain News
    • Web3 News
    • Press Release
    • Hacks and Scams
    • Sponsored Post
  • Stories
    • Interviews
    • Secret Lives
    • My Life in Crypto
  • Market Analysis
  • Learn
    • Bitcoin
    • Ethereum
    • Cryptocurrency Exchange
    • NFTs
    • DeFi
    • Web3
    • Metaverse
    • Blockchain
    • Trading
    • Crypto Guide
  • Quizzes
Advertise
No Result
View All Result
Coinscreed
No Result
View All Result
Home News

Adoption of Web2 key to Metaverse success: Klaytn Foundation

Marian Romaine by Marian Romaine
10 months ago
in News
Reading Time: 2 mins read
A A
Share on FacebookShare on Twitter
Sam Seo, director of the Klaytn Foundation, believes that bringing Web3 technology to Web2 platforms could lead to widespread acceptance.
Adoption of Web2 key to Metaverse success: Klaytn Foundation

Sam Seo, the director of the blockchain Klaytn Foundation, which focuses on the metaverse, thinks that if Web2 companies incorporate the technology into their goods and services, the metaverse will be more widely adopted.

Speaking on Monday at the Korea Blockchain Week (KBW), Seo said that Web3 metaverse projects typically struggle to draw in a broad audience since regular people frequently are wary of utilizing new technology from unknown companies:

SuggestedArticles

Nike’s NFT Sneaker Sale Faces Delays

Nike’s NFT Sneaker Sale Faces Delays

2 days ago
MATIC Signals Bullish Trend After Resistance Break

MATIC Signals Bullish Trend After Resistance Break

2 days ago

“If new ideas are combined with Web2 platforms like [social media app] Kakao, especially in South Korea, there’s accessibility to these new ideas for new services that could be easier than just starting from scratch.”

The largest project of its kind in South Korea, Klaytn’s blockchain is primarily intended for supporting metaverse, GameFi, and creative economy apps.

In a presentation at KBW, Seo stated that the team’s goal is to increase transaction throughput while simultaneously lowering transaction fee costs.

“We’re smart enough to know that people are still hesitating about using this platform because anyway, they have to pay something right. So we believe that gas fees should be as low as possible. So they can have the people enter this area. That’s our thought. And that’s why we are trying to reduce the gas prices,” he said.

Seo also said that later this year, Klaytn will release an open-source Metaverse package with tools for builders to support blockchain development.

[Klaytn at #KBW2022]

We hope you enjoyed Sam Seo's Keynote speech, here's a short recap of what he shared:

👍 Why choose #Klaytn
🚀 Open Source package for the #Metaverse
📍 Upcoming events #KlayDevDay #Klaymakers22
🦾 Klaytn's 2022 Roadmap pic.twitter.com/jukNUne0Mr

— Klaytn (@klaytn_official) August 8, 2022
Tags: #Web2Metaverse

Oh hi there 👋
It’s nice to meet you.

Sign up to receive a weekly round-up of the latest happenings in the crypto space!

We don’t spam! Read our privacy policy for more info.

Please check your inbox or spam folder to confirm your subscription.

Coinscreed

Copyright © 2022 Coinscreed

Navigate Site

  • About
  • Advertise
  • Contact Us
  • Partners
  • Privacy & Policy
  • Crypto Price Charts

Follow Us

No Result
View All Result
  • Home
  • News
  • Stories
    • Interviews
    • My Life in Crypto
    • Secret Lives
  • Market Analysis
  • Learn
    • Bitcoin
    • Blockchain
    • Crypto Guide
    • Cryptocurrency Exchange
    • DeFi
    • Ethereum
    • Metaverse
    • NFTs
    • Trading
    • Web3
  • Contact Us

Copyright © 2022 Coinscreed

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.