WonderPlanet Inc. announced that its Board of Directors has resolved at its ordinary meeting held on April 13, 2022, to establish a subsidiary company, WPBC Pte. Ltd., in Singapore to engage in blockchain game-related business. With the rapid progress of the Web3 trend and the spread of the use of blockchain technology, the game-related business, one of business domains, is expanding from its previous market domain to new market domains such as NFT, GameFi, and Metaverse.