The Klaytn Foundation announced in a Medium post on Sunday that it has partnered with Smart Token Labs, an Australian blockchain company creating a new standard for a tokenized future.
Klaytn said the collaboration will see Smart Token Labs introducing TokenScript, a smart token interface, into the Klaytn network. This could lay the infrastructure for the Web3 promise in gaming, NFTs, and the metaverse.
Klaytn is a public blockchain developed by Ground X, the blockchain arm of Korea’s internet giant Kakao with 50 million users worldwide. KLAY is up by less than 3% in the last 24 hours and now trades at $1.194 per token.