ZUG, SWITZERLAND / ACCESSWIRE / March 12, 2024 / GaiminDePIN (Decentralized Physical Infrastructure Network), the world’s leading provider of distributed physical infrastructure networks, today announced the world’s first L2 blockchain focused on delivering Web3 technology and services to the gaming industry.
The integration of Web3 technologies such as blockchain, cryptocurrency-based economies, and proprietary NFTs into the gaming industry has been slow to develop, primarily due to high barriers to entry such as low speed, high latency, lack of scalability, and transaction costs. I am. gas fees), and the speed of validating and processing blockchain transactions over traditional L1 blockchains. Games require fast data processing without gameplay-impacting processing (transaction approval) or lag. Therefore, until today, game developers have not considered incorporating his Web3 technology into their games at all. However, Web3 offers significant advantages to gamers. For example, you can use digital assets (NFTs) that players own and hold outside of the game, allowing them to keep an inventory of assets and investments in the game.
With the advent of technologies that maintain the fundamental principles of blockchain architecture and functionality while easing traditional barriers to entry, previously ignored use cases such as gaming can now be considered within the Web3 multiverse. Ta. These technologies collectively form the L2 blockchain. It is a blockchain network that sits on top of the main L1 blockchain and utilizes technology that speeds up transaction processing, transaction validation, and reduces gas fees. GAIMIN today announces a collaboration with BNB chain and movement lab Create the world’s first gaming-specific L2 blockchain.
The BNB chain is one of the most popular, established and major global blockchains. The design of the BNB chain incorporates the L2 solution provided through opBNB, providing traditional L2 features and functionality to his BNB chain.
MOVEMENT Labs technology synergistically enhances the L2 architecture, increasing transaction throughput from approximately 4,000 TPS to 150,000 TPS, providing decentralized sequencing, smart contract transformation, cross-chain data transposition, and account abstraction capabilities while providing gas Reduce fees and operating costs.
Supporting the delivery of L2 blockchain processing services requires a large global DePIN network to process and verify transactions. GAIMIN is using this DePIN Gaimin Cloud; a decentralized network of PC-based devices that provides a global platform for processing blockchain transactions, video rendering, and AI data processing.
“GAIMIN was founded with the philosophy of being by gamers, for gamers,” said Martin Speight, CEO of GAIMIN. Gamers won’t be left behind. Built, established and operated by gamers, DePIN puts your PC in the game. Gaimin cloud, Gamers will play a pivotal role in transforming the industry in the future – they can step up their game and get rewarded for their participation!”
Martin said, “Building a gaming L2 blockchain on top of BNB Chain using opBNB, MOVEMENT Labs technology, and GAIMIN’s DePIN will bring a paradigm shift as the gaming industry moves to Web3.” I concluded.
About Gaimin
GAIMIN.IO Ltd (GAIMIN) is a UK-Swiss based gaming company focused on helping the gaming community monetize the computing power of their gaming PCs. GAIMIN is leveraging the underutilized processing power commonly found in gaming PCs to create a worldwide distributed data processing network that delivers supercomputer performance. I built it.
GAIMIN is powered through an innovative approach that delivers supercomputer-level data processing performance from a worldwide network of independent processing devices that power GAIMIN.CLOUD using a free-to-download PC-based application. Monetize your performance. GAIMIN data processing network will initially focus on video rendering and AI data processing, provide always-available services to enhance blockchain computation, continuously provide data processing services, and reward the user community. is being returned.
GAIMIN rewards users with its own cryptocurrency GMRX. GMRX can be used to purchase NFTs, in-game assets, accessories, and merchandise on the GAIMIN Marketplace, and can also be converted into fiat currency or another cryptocurrency.
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Americas, Middle East, and Australia Pacific – Andrew Faridani, Chief Marketing Officer, GAIMIN (based in Toronto, Canada): [email protected]
UK and Europe – Mark Bray, Chief Communications Officer, GAIMIN (based in Manchester, UK): [email protected]
sauce: Gaimin AG
