ARCADE2BIT, web3-based game platform and Kaching, the rising game NFT marketplace in Indonesia sign MOU

ARCADE2BIT, a Web3-based game platform based in Singapore that s publishing games in Southeast Asian countries, announced that they had signed an MOU with Indonesia’s game NFT marketplace, Kaching, on September 23rd. Also, they announced that they will make various cooperations with Kaching to bring a lot of Korean games successfully in Indonesian market.

Kaching was started as a task force in Top3 e-commerce company in Indonesia for expanding their business to the game NFT area. Recently they opened their service officially.

Dody Kurniadi (VP of Blockchain Business), who is leading Kaching, said that they got a great impression from ARCADE2BIT’s ability to source promising Web2 games in Korea and the unique concept of NFTizing the rights to each game’s profits based on Web3. He also said that Kaching will do aggressive marketing for the success of the games which are Kaching and ARCADE2BIT are supporting, and let those game companies get hugh opportunities through NFT sales of each game.

ARCADE2BIT is a startup established in both Singapore and Indonesia and led by Korean founding members who had experience in Southeast Asia. They’re trying to solve the problem that many Korean game companies have. Specifically, Many Korean game companies are having a diffculty to penetrate the southeast Asian market such as Indonesia, even though the Southeast Asian market is growing rapidly. In addition, as a web3-based game platform for web2 games, they’re making game users able to participate in platform operation as a part of the platform stakeholders.

The CEO of ARCADE2BIT, Tyler Moon said he appreciates Kaching for evaluating ARCADE2BIT high and making a partnership. Also, he said they will do best with Kaching to make the transparent and equal game world for game users.