Linekong Interactive Group Co., Ltd. Announces Strategic Partnership with Hashkey Group Toco-Build Web3 Digital Entertainment Innovation ecosystem
December 22, 2023 at 03:57 am EST
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Linekong Interactive Group Co., Ltd. announces that it has entered into a non-legally binding memorandum of understanding ("MOU") with Hash Blockchain Limited on its strategic cooperation. The Company and HashKey will engage in extensive collaboration in areas such as Web3 infrastructure development and artificial intelligence, exploring innovative models and application scenarios for digital entertainment in the Web3 era. In the realm of Web3 infrastructure development, the Company and HashKey will collaborate to support open-source blockchain projects. As a leading interactive entertainment content platform provider, the Company is dedicated to offering a higher-quality and more convenient blockchain gaming platform for game developers and players. Through the construction of a second-layer network based on advanced technologies, the collaboration aims to achieve a high-performance, low-cost, and secure gaming transaction experience, further driving the application of blockchain technology in the gaming industry. The board of directors of the Company ("Board") considers that the MOU provides a valuable opportunity to the parties to leverage their respective resources and expertise and
create mutual benefits and synergy to each other. Therefore, the Board is of the view that entering into the MOU is in the interest of the Company and its shareholders as a whole.
Linekong Interactive Group Co., Ltd. is a Hong Kong-based investment holding company principally engaged in the development and distribution of online games. The Company is involved in the self-development and agency of mobile games, web-based games and client-based games. Its games include One Hundred Thousand Bad Jokes, The Legend of Zhenhuan, The War of Shushan and Excalibur, among others. The Company sells in-game virtual items and provides license and technical support services to generate income. The Company also invests in a third-party mobile game trading platform, TaoShouYou. This platform focuses on the trading of game accounts.