Neopin Signs Partnership with UAE Game Company 'Project Seed'

Neopin announced on the 5th that it has signed a partnership with Project Seed, a global game infrastructure company based in the United Arab Emirates (UAE), to expand the Web3 game ecosystem.

Project Seed is led by executives from global virtual asset exchanges such as Binance and Crypto.com. They are developing Web3-based action RPGs like "Outland Odyssey" and racing games. Next year, they plan to launch "Seed Grow," which connects intellectual property (IP) owners with small and medium-sized game studios, and "Seed Launcher," a game launch platform.

Through this partnership, both companies aim to expand the global Web3 game ecosystem. They plan to connect IP holders and game studios within the Neopin ecosystem with Project Seed to contribute to the creation of more global Web3 games. By integrating the Neopin wallet with Web3 games and NFT projects launched on the Seed Grow and Seed Launcher platforms, they will promote mutual acquisition of global users and the release of DeFi products within Neopin.

Since 2017, Neopin has participated as a node validator (network verifier) for various global blockchains such as Ethereum, TRON, Cardano, and Cosmos, building blockchain expertise and technological capabilities. Last year, Neopin launched the CeDeFi protocol Neopin, providing a safe and convenient DeFi platform environment. This year, it was selected as an innovation program company by the Abu Dhabi Investment Office (ADIO) in the UAE, attracting direct and indirect investments, and is collaborating with the UAE financial free zone ADGM (Abu Dhabi Global Market) to create the world’s first DeFi regulatory framework through public-private cooperation.

Kim Yong-gi, CEO of Neopin, said, “Connecting good IPs with game studios to create Web3 games holds greater significance than simply securing well-made Web3 games,” adding, “We expect to achieve genre diversification and qualitative improvement of Web3 games together with Project Seed.”

Rico Subatti, CEO of Project Seed, said, “Securing top-level IP for game development is generally difficult for many studios,” and added, “Project Seed aims to remove these obstacles and promote IP-based game production. By leveraging Neopin’s wallet solutions, network, and extensive blockchain expertise, we plan to develop high-quality games for diverse users and strengthen capabilities that benefit developers, IP owners, and gamers alike.”