[2022 Hot IT Companies⑤] Com2us Holdings, Infinite Ecosystem Expansion with Blockchain and Metaverse

[Asia Economy Reporter Kang Nahum] If you were to pick the hottest keywords in the IT and gaming industry this year, they would be 'blockchain, NFT, cryptocurrency, metaverse, P2E.' There is a company that is growing its business by linking all these keywords together. That company is 'Com2uS Holdings.' This year, Com2uS Holdings, which changed its name from Gamevil, is rapidly transforming into a comprehensive content and platform company based on blockchain and metaverse, leading the market.

◆ 'C2X' aiming to become the key currency in the gaming world = The part Com2uS Holdings focused on the most this year is the expansion of the 'C2X' ecosystem. C2X is a proprietary token issued by Com2uS Holdings, aiming to allow games that join the ecosystem to exchange in-game currencies with C2X at a certain ratio.

To successfully implement the 'C2X Project,' Com2uS Holdings recently carried out a large-scale organizational restructuring. The existing game production headquarters was reorganized into an organization optimized for blockchain game development and blockchain ecosystem creation.

On the 16th, they opened the C2X teasing site, heralding the official launch of the blockchain ecosystem. The C2X blockchain platform serves to connect games and users, and users with other users, making blockchain games easily accessible to anyone. In particular, it supports free trading by linking various games and non-fungible token (NFT) exchanges participating in the platform, allowing the exchange of game currencies for tokens or tokens for game currencies. It is also designed with high scalability so that users can create NFTs themselves to generate new value. The C2X blockchain platform has implemented a stable Play to Earn (P2E) system through a technical partnership with Terraform Labs, which has one of the world's top 10 blockchain infrastructures.

Com2uS Holdings, which has formed cooperative relationships with many game companies to expand the C2X ecosystem, will introduce blockchain games that have joined the ecosystem to the global market starting from the first quarter of next year. Leading the lineup is the self-developed new title ‘Chromatic Soul: AFK Raid,’ followed by ‘Summoners War: Chronicle,’ based on a global hit IP, and the large-scale MMORPG ‘World of Zenonia,’ utilizing the company’s representative intellectual property (IP), which is currently under development. The lineup also includes more than 10 blockchain games such as ‘Project MR (tentative title),’ targeting a broad user base with casual gameplay, the PC-based action RPG 'Kritika Online' by Allm, and the highly anticipated 'Sasin Kiugi Online' by DaeriSoft.

To solidify the C2X ecosystem, Com2uS Holdings has also expanded its stake in the cryptocurrency exchange Coinone. Previously, through its subsidiary Com2uS Plus, Com2uS Holdings acquired a 38.43% stake in Coinone, securing the position of the second-largest shareholder. Recently, through a change in the contracting party, it now directly holds 21.96% of the 38.43% stake.

◆ Expanding group synergy through 'Metaverse' = Com2uS Holdings also plans to expand as a global comprehensive content platform company by building the metaverse platform ‘Com2verse’ through its subsidiary Com2uS and actively promoting new games integrated with blockchain.

Com2verse is a virtual space platform that combines blockchain economy, diverse entertainment content, and games. Its goal is to enable lifestyles from the real world?work, play, daily life?to be replicated identically in the virtual space.

Recently, Com2uS acquired management rights of Artist Studio and Artist Company, established by actors Lee Jung-jae and Jung Woo-sung, together with its subsidiary Wysiwyg Studios. Artist Company is a management company that holds top domestic actors as exclusive artists. It includes world-renowned actors such as Lee Jung-jae from the Netflix series 'Squid Game' and Park So-dam, who gained attention from 'Parasite.' Com2uS plans to enhance synergy within the Com2verse ecosystem by producing video content and developing in-house games utilizing this lineup of actors.

Com2uS is also scouting companies to join Com2verse. On the 12th of last month, Com2uS signed a joint business agreement with Seoul Ocean Aquarium to build a digital virtual aquarium (metaverse aquarium) within Com2verse. Additionally, through a metaverse business agreement with Kyobo Book Centre, they plan to establish a Kyobo Book Centre shopping mall within Com2verse, showcasing various books and stationery products.