On June 21, the Vietnamese gaming community in general and GameFi in particular were extremely excited by the news of Coin98 Labs' acquisition of Yunero Studios. The integration is expected to be a momentum step for Coin98 to perfect its gaming business and promote the Web3 mass application as well as the Coin98 ecosystem and the community in Vietnam.
Yunero is a new game studio based in Vietnam, first established in 2021 featuring traditional gaming professionals who have worked at leading companies including VNG Corporation, Eway JSC and Vega Corporation.
In the face of the trend of blockchain gaming blooming in recent years, the launch of a studio game with this famous merger is a fundamental step from Coin96 in connecting users as well as creating momentum for the development of the GameFi ecosystem in Vietnam.
Vietnam is a market rated by Fortune as having the 3rd most popular cryptocurrency wallet globally with not only the number of cryptocurrency buyers but also active in participating in other applications, typically GameFi.
Based on the annual assessment growth, the current pace could bring the GameFi market in Vietnam to more than US$200 billion in revenue and 3 billion global players by 2023.
Although the current market is having many fluctuations, but from an overall perspective, there is no denying the "new breeze" from blockchain has taken the traditional game series to a new level. Where gamers – game enthusiasts will gain a higher position, apply new technology and create real value from this activity.
Coin98's move is seen as paving the way for the development of professional games combined with the future trend of the globe, creating a strong ecosystem that brings Vietnam's name to the world arena.
Also in June, Coinbase – one of the world's leading major cryptocurrency exchanges officially announced the listing of Coin98 (C98). The Vietnamese community can be proud that this is a 100% decentralized project developed and operated by a Vietnamese team, ranking 4th in the world in terms of users and owning the largest user community in Asia.
