Latest news with #ChoiSe-hoon
Malaysian Reserve
3 days ago
- Business
- Malaysian Reserve
METABORA GAMES Integrates BORA Ecosystem with Kaia CL Protocol
– Enhancing BORA tokenomics by establishing a joint liquidity pool and applying a burn mechanism– Adopting a gas abstraction model, enabling BORA tokens to be used as a substitute for Kaia transaction fees SEOUL, South Korea, Aug. 7, 2025 /PRNewswire/ — METABORA GAMES (CEO Choi Se-hoon), a leading blockchain game developer, announced today that it has completed the integration of the 'Consensus Liquidity (CL) Protocol' of the blockchain platform Kaia into the BORA ecosystem. The 'CL' is an innovative infrastructure protocol based on the Kaia chain that enables simultaneous participation in validator staking and liquidity provision. By integrating Kaia's CL technology into the BORA ecosystem, METABORA GAMES will begin full-scale connectivity with external chains through the establishment of a joint liquidity pool, the introduction of a 'gas abstraction' model (which enables transaction fees to be paid on behalf of users), and the implementation of a fee-burning mechanism. With the completion of the CL integration, METABORA GAMES and the Kaia Foundation established a joint liquidity provision plan and provided approximately $2 million in liquidity as of August 5. The partners plan to further boost the BORA ecosystem and enhance the token's value through additional phased liquidity injections. Additionally, a burn mechanism will be applied to the fee revenue generated from the joint liquidity pool. A certain portion of BORA-denominated profits will be burned, reinforcing the ecosystem's deflationary tokenomics. The burn rate and frequency will be adjusted flexibly in accordance with market conditions and revenue scale. The integration will also introduce a 'gas abstraction' feature, allowing users to pay transaction fees on the Kaia mainnet using BORA tokens. This enables users to cover transaction fees with BORA tokens even if they do not hold any Kaia tokens. A METABORA GAMES representative stated, 'The integration of the CL Protocol marks the first step for the BORA chain in achieving functional flexibility and scalability by structurally connecting with external public infrastructure. This signifies a transition and expansion from an independent BORA mainnet model to an interactive structure that engages with external ecosystems.' They added, 'Starting with the launch of mini Dapps based on LINE Messenger and onboarding on Kaia, we will further strengthen BORA's tokenomics by expanding external utility and operating an organic burn mechanism that functions seamlessly across multiple chains.' About METABORA METABORA is a casual game developer and the service operator of the blockchain platform BORA. The BORA ecosystem brings together partners across various industries—ranging from tokenomics and content to blockchain technology—driving innovation and collaboration across games, sports, and entertainment. BORA is a national game/entertainment token with a high liquidity in the market and reinforcing the accessibility of users and services abroad by increasing the listing on global cryptocurrency exchanges and expanding partnership. Photo – View original content:
Cision Canada
4 days ago
- Business
- Cision Canada
METABORA GAMES Integrates BORA Ecosystem with Kaia CL Protocol
- Enhancing BORA tokenomics by establishing a joint liquidity pool and applying a burn mechanism - Adopting a gas abstraction model, enabling BORA tokens to be used as a substitute for Kaia transaction fees SEOUL, South Korea, Aug. 6, 2025 /CNW/ -- METABORA GAMES (CEO Choi Se-hoon), a leading blockchain game developer, announced today that it has completed the integration of the 'Consensus Liquidity (CL) Protocol' of the blockchain platform Kaia into the BORA ecosystem. The 'CL' is an innovative infrastructure protocol based on the Kaia chain that enables simultaneous participation in validator staking and liquidity provision. By integrating Kaia's CL technology into the BORA ecosystem, METABORA GAMES will begin full-scale connectivity with external chains through the establishment of a joint liquidity pool, the introduction of a 'gas abstraction' model (which enables transaction fees to be paid on behalf of users), and the implementation of a fee-burning mechanism. With the completion of the CL integration, METABORA GAMES and the Kaia Foundation established a joint liquidity provision plan and provided approximately $2 million in liquidity as of August 5. The partners plan to further boost the BORA ecosystem and enhance the token's value through additional phased liquidity injections. Additionally, a burn mechanism will be applied to the fee revenue generated from the joint liquidity pool. A certain portion of BORA-denominated profits will be burned, reinforcing the ecosystem's deflationary tokenomics. The burn rate and frequency will be adjusted flexibly in accordance with market conditions and revenue scale. The integration will also introduce a 'gas abstraction' feature, allowing users to pay transaction fees on the Kaia mainnet using BORA tokens. This enables users to cover transaction fees with BORA tokens even if they do not hold any Kaia tokens. A METABORA GAMES representative stated, "The integration of the CL Protocol marks the first step for the BORA chain in achieving functional flexibility and scalability by structurally connecting with external public infrastructure. This signifies a transition and expansion from an independent BORA mainnet model to an interactive structure that engages with external ecosystems." They added, "Starting with the launch of mini Dapps based on LINE Messenger and onboarding on Kaia, we will further strengthen BORA's tokenomics by expanding external utility and operating an organic burn mechanism that functions seamlessly across multiple chains." About METABORA METABORA is a casual game developer and the service operator of the blockchain platform BORA. The BORA ecosystem brings together partners across various industries—ranging from tokenomics and content to blockchain technology—driving innovation and collaboration across games, sports, and entertainment. BORA is a national game/entertainment token with a high liquidity in the market and reinforcing the accessibility of users and services abroad by increasing the listing on global cryptocurrency exchanges and expanding partnership.
Malaysian Reserve
24-07-2025
- Business
- Malaysian Reserve
METABORA GAMES Forms Strategic Web3 Game Partnership with Baligames
METABORA GAMES Begins Co-Development of Web3 Game with Promising Studio Baligames, best known for 'Axie Champions' New Hybrid Title to Combine Casual Match-3 Puzzle Mechanics with RPG Progression Elements Game to Feature BORA Token Payments and Gas Abstraction for Seamless User Transactions SEOUL, South Korea, July 24, 2025 /PRNewswire/ — METABORA GAMES (CEO Choi Se-hoon), a leading blockchain game developer, announced today that it has signed a Web3 game co-development partnership with Baligames (CEO Kim Young-woo) to release a new title on LINE NEXT's Dapp Portal. Baligames is a rising Korean game studio founded by core developers behind global hits like the Anipang series. With extensive experience in mobile game development and live operations, the studio became the first in Korea to secure strategic investment from Sky Mavis, the creators of Axie Infinity, a leading title in the global Web3 game space. Leveraging this partnership, Baligames launched Axie Champions and Puzzle Champions, two casual Web3 games based on the Axie IP. Through this partnership, METABORA GAMES and Baligames will collaborate to launch a new Web3 title on LINE NEXT's Dapp Portal. Baligames will lead development and live operations for a hybrid game that combines casual match-3 puzzle mechanics with RPG-style progression. METABORA GAMES will support the project with tokenomics design optimized for LINE NEXT's Mini Dapp ecosystem, along with Web3-focused marketing. The Dapp Portal is a platform within the Kaia ecosystem that allows users to access a variety of Mini Dapps—such as games and social apps—directly within LINE Messenger, without the need for separate installations. The upcoming game will support in-app purchases using BORA tokens, enabling players to buy in-game items. Additionally, the game will be the first to implement a Gas Abstraction feature, allowing users to cover gas fees using BORA even if they do not hold Kaia tokens. This announcement follows METABORA's recently signed Web3 distribution partnership with LINE NEXT on July 14, under which METABORA joined as a core partner for Web3 game publishing on the LINE NEXT's Dapp Portal. A METABORA representative commented, 'Starting with our co-development partnership with Baligames, we plan to bring a lineup of competitive Web3 titles to the Dapp Portal. Through this effort, we aim to expand our game portfolio and further strengthen the BORA tokenomics.' About METABORA METABORA is a casual game developer and the service operator of the blockchain platform BORA. The BORA ecosystem brings together partners across various industries — ranging from tokenomics and content to blockchain technology—driving innovation and collaboration across games, sports, and entertainment. BORA is a national game/entertainment token with a high liquidity in the market and reinforcing the accessibility of users and services abroad by increasing the listing on global cryptocurrency exchanges and expanding partnership. Photo – View original content:
Cision Canada
24-07-2025
- Business
- Cision Canada
METABORA GAMES Forms Strategic Web3 Game Partnership with Baligames
METABORA GAMES Begins Co-Development of Web3 Game with Promising Studio Baligames, best known for 'Axie Champions' New Hybrid Title to Combine Casual Match-3 Puzzle Mechanics with RPG Progression Elements Game to Feature BORA Token Payments and Gas Abstraction for Seamless User Transactions SEOUL, South Korea, July 23, 2025 /CNW/ -- METABORA GAMES (CEO Choi Se-hoon), a leading blockchain game developer, announced today that it has signed a Web3 game co-development partnership with Baligames (CEO Kim Young-woo) to release a new title on LINE NEXT's Dapp Portal. Baligames is a rising Korean game studio founded by core developers behind global hits like the Anipang series. With extensive experience in mobile game development and live operations, the studio became the first in Korea to secure strategic investment from Sky Mavis, the creators of Axie Infinity, a leading title in the global Web3 game space. Leveraging this partnership, Baligames launched Axie Champions and Puzzle Champions, two casual Web3 games based on the Axie IP. Through this partnership, METABORA GAMES and Baligames will collaborate to launch a new Web3 title on LINE NEXT's Dapp Portal. Baligames will lead development and live operations for a hybrid game that combines casual match-3 puzzle mechanics with RPG-style progression. METABORA GAMES will support the project with tokenomics design optimized for LINE NEXT's Mini Dapp ecosystem, along with Web3-focused marketing. The Dapp Portal is a platform within the Kaia ecosystem that allows users to access a variety of Mini Dapps—such as games and social apps—directly within LINE Messenger, without the need for separate installations. The upcoming game will support in-app purchases using BORA tokens, enabling players to buy in-game items. Additionally, the game will be the first to implement a Gas Abstraction feature, allowing users to cover gas fees using BORA even if they do not hold Kaia tokens. This announcement follows METABORA's recently signed Web3 distribution partnership with LINE NEXT on July 14, under which METABORA joined as a core partner for Web3 game publishing on the LINE NEXT's Dapp Portal. A METABORA representative commented, "Starting with our co-development partnership with Baligames, we plan to bring a lineup of competitive Web3 titles to the Dapp Portal. Through this effort, we aim to expand our game portfolio and further strengthen the BORA tokenomics." About METABORA METABORA is a casual game developer and the service operator of the blockchain platform BORA. The BORA ecosystem brings together partners across various industries — ranging from tokenomics and content to blockchain technology—driving innovation and collaboration across games, sports, and entertainment. BORA is a national game/entertainment token with a high liquidity in the market and reinforcing the accessibility of users and services abroad by increasing the listing on global cryptocurrency exchanges and expanding partnership.
Malaysian Reserve
14-07-2025
- Business
- Malaysian Reserve
METABORA Partners with LINE NEXT to Distribute Web3 Games via Mini Dapp
METABORA becomes core partner in web3 game development for LINE NEXT's Dapp Portal BORA Utility to Expand through in-game payments and gas abstraction Implementation SEONGNAM, South Korea, July 13, 2025 /CNW/ — METABORA (Co-CEOs Lim Young-Jun and Choi Se-hoon), a global casual game developer and blockchain project operator, today announced a strategic partnership with LINE NEXT Inc. (CEO Youngsu Ko), LINE's venture dedicated to developing and expanding the global Web3 ecosystem. Through this partnership, METABORA will distribute Web3 games via the LINE Messenger–based Dapp Portal, expanding its reach in the Web3 gaming space. The Dapp Portal is a platform built on the KAIA ecosystem that offers Mini Dapps (decentralized applications) directly within the LINE Messenger app. Users can enjoy a variety of Mini Dapps—ranging from games to social features—without needing to install separate applications. Since its launch in January this year, the platform has garnered significant attention, surpassing 100 million cumulative users. Through this new partnership, METABORA and LINE NEXT will work closely to accelerate the growth of the Mini Dapp's gaming ecosystem. Leveraging its network of development partners and global experience in game development and publishing, METABORA will supply Web3 games to the Dapp Portal. LINE NEXT will expand accessibility to Web3 games and support marketing of these games through its platform. As part of the collaboration, METABORA will also expand the utility of its BORA token within the LINE Messenger–based Mini Dapp ecosystem. The company plans to implement a payment infrastructure that enables users to purchase in-game items currently planned for upcoming titles to be released under the BORA brand. Additionally, METABORA will apply Gas Abstraction technology, allowing users to make in-app purchases with BORA without needing KAIA tokens to cover gas fees. This feature is expected to be fully implemented in the second half of the year. By expanding the utility of the BORA token, METABORA aims to elevate its value beyond the confines of the BORA Chain, laying the groundwork for broader integration across the Web3 ecosystem. In addition, METABORA and LINE NEXT plan to continue their collaboration by researching and developing infrastructure to support the use of stable coins such as USDT, further enhancing the Web3 gaming experience within the LINE ecosystem centered on the Dapp Portal. Lim Youngjun, Co-CEO of METABORA, said, 'We're pleased to partner with LINE NEXT, a company making remarkable strides in the global Web3 gaming market with its vast user base. Through our strong network of development partners, we will carefully select and bring high-quality games to the Dapp Portal, working together to create a leading example of Web3 gaming reaching a mainstream audience.' Kim Woosuk, CSO at LINE NEXT, said, 'Through this partnership with METABORA, we look forward to creating a major success case for Mini Dapp. Moving forward, we will continue working closely together across multiple fronts, including enabling USDT stablecoin support to improve game onboarding and the overall user payment environment.' About METABORA METABORA is a casual game developer and the service operator of the blockchain platform BORA. The BORA ecosystem brings together partners across various industries—ranging from tokenomics and content to blockchain technology—driving innovation and collaboration across games, sports, and entertainment. Through the BORA Network, METABORA operates the BORA Portal, which offers GameFi-optimized services such as NFT trading, token conversion, and DeFi features. With BORA listed on major global cryptocurrency exchanges, METABORA continues to enhance accessibility and expand the usability of its content across the Web3 landscape.
