A Chat with Jaden Lee, CEO at NFT Game Creation Company: Monoverse

Jaden Lee

Monoverse has been involved with the development of Bitcoin and Ethereum mainnets since 2016, when talk of blockchain technology circulated the Korean media. Besides developing our own sidechain, Monoverse also specializes in various layer-2 solutions that power multiple DeFi services, including a peer-to-peer exchange platform for trading cryptocurrencies and digital assets, Dino Defi.Recently, we have been developing Frutti Dino, our play-to-earn game that is centered on living and evolving Dino characters, purchased as NFTs. The game includes multiple game modes, offering players the ultimate personalized GameFi experience, as the GameFi and P2E space rapidly grows. As gamers play Frutti Dino, their Dinos progress  through different life stages, with sustained character progression and advanced content and storylines. The experience of the gamer is at the forefront of our development strategy as we implement new and improved gameplay features. The current Frutti Dino framework of gaming is expanding to give users a unique experience exclusive to our ecosystem.

Monoverse has been involved with the development of Bitcoin and Ethereum mainnets since 2016, when talk of blockchain technology circulated the Korean media. Besides developing our own sidechain, Monoverse also specializes in various layer-2 solutions that power multiple DeFi services, including a peer-to-peer exchange platform for trading cryptocurrencies and digital assets, Dino Defi.Recently, we have been developing Frutti Dino, our play-to-earn game that is centered on living and evolving Dino characters, purchased as NFTs. The game includes multiple game modes, offering players the ultimate personalized GameFi experience, as the GameFi and P2E space rapidly grows. As gamers play Frutti Dino, their Dinos progress  through different life stages, with sustained character progression and advanced content and storylines. The experience of the gamer is at the forefront of our development strategy as we implement new and improved gameplay features. The current Frutti Dino framework of gaming is expanding to give users a unique experience exclusive to our ecosystem.
 
 

 

How did you come up with the idea for the company?

 
I started my career as a researcher at AhnLab, a famous security solution company in Korea. Back then, I was already optimistic about the scalability and marketability of blockchain. That inspired me to start a business with the conviction that future market growth was inevitable. I recruited both a game and blockchain developer and shortly after, our team established Monoverse in May 2019. Since then, through continuous development, the company has become one of the top blockchain companies in Korea.
 

 

 You recently partnered with EYL, a cybersecurity startup. What is the main goal of this partnership?

One of our core beliefs at Monoverse is that no challenge has technical limits, which applies to private key encryption and inspired this partnership. Through our collaboration, Monoverse will utilize EYL’s quantum random number generation technology to bolster private key security and future-proof its underlying technological stack. EYL is the leading provider of quantum-based RNG hardware, so they were the ideal partner for building a complete randomizer for private keys.

The partnership with EYL will continue in the future as we develop a new consensus algorithm-based sidechain, node security, and NFT business. GameFi and in-game purchases and microtransactions have added more regular, daily reliance on blockchains. It is necessary to preemptively focus on top notch security and enable users to manage their assets in a safer manner, especially for those beyond the narrow crypto-savvy community. We have always operated with consumer protection in mind, but as more people get involved in crypto, we increasingly believe that their security should remain a priority.
 

What can we hope to see from Monoverse in the future?

 
We are currently developing our own sidechain, which will be completed around April of this year. Twenty-one verification nodes will be created with participation from other game companies, financial companies, and platform companies. We are also simultaneously developing Frutti Dino with focus on advanced Dino graphics to create an even more immersive experience for gamers. UX and UI are integral to our development and we are excited for these changes to be implemented for even more player enjoyment. With these developments, we aim to continue to grow as both a global blockchain company and a GameFi developer.I started my career as a researcher at AhnLab, a famous security solution company in Korea. Back then, I was already optimistic about the scalability and marketability of blockchain. That inspired me to start a business with the conviction that future market growth was inevitable. I recruited both a game and blockchain developer and shortly after, our team established Monoverse in May 2019. Since then, through continuous development, the company has become one of the top blockchain companies in Korea.