Circle and NFT-Driven Game ‘Overdare’ Collaborate on Web3 Wallets and USDC Payouts
Stablecoin issuer Circle and South Korean NFT-driven metaverse ‘Overdare’ are teaming up to allow game developers to build in-game Web3 wallets within the platform.
The collaboration will also empower game creators to facilitate direct USDC payouts on the platform, as per a Monday announcement.
Developed by Krafton, the studio behind PUBG, Overdare is a create-to-earn metaverse game slated for a global launch in the second half of 2024.
The partnership with Circle extends beyond in-game wallet functionality. Overdare aims to transform intellectual property (IP) and income management for creators by using Circle’s Programmable Wallets. This integration will enable IP trading and facilitate direct payouts in USDC, allowing creators to explore new revenue streams.
“We believe this partnership will be a catalyst in shaping the future of digital entertainment, ultimately fostering an innovative Web3 environment for all,” Circle CEO Jeremy Allaire, said in a statement.
We are excited to announce our strategic partnership with OVERDARE to revolutionize the mobile gaming world.
By integrating #USDC payouts and our Programmable Wallets for OVERDARE’s game content creators, we are making it easier for game content creators to collaborate and… pic.twitter.com/U1zmT9uOYo
— Circle (@circle) February 26, 2024
Taking inspiration from gaming platform Roblox, Overdare uses Epic Games’ Unreal Engine 5 to deliver AI-powered creation tools. This allows players to take on the role of game designers within the metaverse, crafting their own unique experiences.
Beyond in-game creation, Overdare embraces a “Create-to-Earn” model, empowering players to monetize their creativity. By crafting valuable digital assets, players can transform them into NFTs,
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