---
title: "PUBG Creator Krafton to Launch Cosmos-Based Chain to Boost Creator Economy"
url: https://diffcoin.com/pubg-creator-krafton-to-launch-cosmos-based-chain-to-boost-creator-economy/
description: "Krafton had previously signed an MOU with Solana Labs."
published: 2023-09-06
updated: 2023-09-06
author: "Mila"
site: "Diffcoin"
---

# PUBG Creator Krafton to Launch Cosmos-Based Chain to Boost Creator Economy

Krafton, the prominent South Korean video game company renowned for games such as PUBG: Battlegrounds, is making its foray into the blockchain realm with Settlus. Built on the Cosmos platform, Settlus is a blockchain specifically designed to streamline transparent settlement processes for content creators.

According to the website, the testnet is slated for launch in early 2024.

- Josh Lee, the founder of Cosmos-based DEX Osmosis, was the first to [reveal](https://twitter.com/dogemos/status/1698707927136424321) on September 4 that Krafton is gearing up to introduce a blockchain chain.
- The development was further [confirmed](https://twitter.com/jelenaaa____/status/1698727925636346011) by Cosmos-based app-chain called Noble’s co-founder ‘Jelena.’
- The exec added that Krafton is reportedly building an app chain on Cosmos and plans to use Circle’s USDC stablecoin as the primary currency for creator settlements.
- In March 2022, Krafton disclosed a collaboration with Solana Labs and said it would focus on the “development and operation of blockchain and NFT-based games and services.”
- However, no products have been launched by the video game developer since that announcement.
- Besides, Krafton’s partnership with Solana was reported to be a memorandum of understanding (MOU), indicating that the company retains the option to discontinue the partnership without facing any legal consequences.
- The Cosmos Network is a decentralized network of independent, scalable, and interoperable blockchains developed to enable communication between distributed ledgers without relying on a centralized server.
- In April this year, blockchain scaling startup Dymension rolled out the world’s first IBC-enabled EVM rollup on testnet in collaboration with Evmos Core Teams and Celestia in a bid to enhance the Cosmos ecosystem.

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[Source link](https://cryptopotato.com/pubg-creator-krafton-to-launch-cosmos-based-chain-to-boost-creator-economy/)
