The blockchain-focused South Korean-based investment firm Hashed has announced the launch of its new startup studio to support and research new use cases for blockchain technology in the fast-growing NFT space.
Explore the full potential of Blockchain
In a press release today, Hashed noted that the studio, called UNOPND, will promote various creative projects with the primary goal of exploring and experimenting with new ways of applying blockchain technology to the online gaming and NFT sectors.
UNOPND will present to the industry not only ideas that are of interest to crypto enthusiasts but also ideas that will appeal to ordinary users who may not be fully involved in crypto.
Hashed noted that while the concept of metaverse ownership and proof of digital assets may still be 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 in making blockchain mainstream. The financial application of blockchain is one of the many areas we are currently exploring, and we find it fitting to offer our support to teams and founders willing to explore the full potential of blockchain in other creative ways through UNOPND.”
UNOPND to support NFT developers
The new studio will provide the project builders with full support by providing them with the necessary tools they need, including team building and community engagement. Hashed will also provide support by providing expert market insights and access to business and funding network.
Chan Lee, CEO of UNOPND added: “UNOPND will build an ecosystem for creators and users and provide innovative services that reveal the value of the blockchain. We have seen many blockchain-based games and social services become increasingly popular in recent years. We want to focus on market demand, particularly communities, to find the most attractive products.”
UNOPND is currently providing support for multiple projects while still studying various innovative NFT application methods. The studio is also considering several L1 networks to work with, including Ethereum, Terra, and more.
Meanwhile, Hashid has been making news with its growing investment in the industry. Popular blockchain venture capital firm recently invested in crypto analytics firm CryptoQuant along with NFT portfolio manager NFTBank.
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