The metaverse is Unbanked Newsletter For a weekly level up on the NFT and on-chain frontier
Dear unbanked people,
As we approach the new year, there are six cryptocurrency scaling solutions in the gaming scene that I am currently watching closely.
Let us take the pulse of this project and tell you some things to watch out for if the gaming sector grows in crypto in 2024!
-WMP
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decision It is the largest and most popular L2 today (decision 1).
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It also boasts the following technology stack: AnyTrust Chain and Orbital DeterminationThis allows projects to create their own L2 and L3, the latter being a highly customizable rollup that settles on the non-Ethereum L2.
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for example, Shai L3 is a special purpose game currently being developed by Arbitrum.
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Additionally, the Arbitrum team announced: new decisionAn AnyTrust-style representation of L2 optimized for gaming.
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Arbitrum One’s liquidity and universal app environment, the Arbitrum Nova gaming sandbox, the aforementioned Rollups-as-a-Service (RaaS) products, and stylus The development environment (which allows smart contracts to be written in mainstream programming languages such as C, C++ and Rust) has recently made the wider Arbitrum ecosystem increasingly attractive to cryptocurrency game developers.
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ON mainnetSo-called optimism Currently the second largest L2.
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Similar to Arbitrum, Optimism has its own “super chain” A technology stack designed to make it easy for projects to launch their own L2.
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The Optimism ecosystem has become a hotbed of cutting-edge cryptocurrency gaming research and innovation, among other things. For example, the Lattice team introduced: Mud, On-chain game engine framework and red stoneNew plasma-based OP Stack L2 for games and games autonomous world.
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sky stripesLattice’s own game, a real-time strategy (RTS) battler, is gaining popularity and is preparing for a full release. Also, keep an eye out for other games coming to Lattice’s new Redstone L2: Gaul and start.
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ronin Axie Infinity is an Ethereum Virtual Machine (EVM) sidechain created by the Sky Mavis team to provide scaling, i.e. cheaper and faster transactions, to the gaming world.
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Having facilitated over $4.25 billion in all-time NFT sales to date, Ronin currently reigns as the most active gaming chain in terms of activity in the cryptocurrency economy.
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There has previously been talk of Ronin potentially migrating from a sidechain network to L2, but nothing is official at the moment.
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Developed by Coinbase, Base An optimistic style rollup built over the OP stack, making it the L2 within Optimism’s superchain. In the Ethereum scaling scene, the network is currently the third largest L2.
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immutable It is designed as an NFT-centric chain. effectivenessA kind of scaling solution to execute off-chain transactions. and Keeps data off-chain through zero-knowledge proofs. It is currently the 6th largest L2 in Ethereum scaling.
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The Immutable team is currently working with Polygon to immutable zkEVM, L2 is customized for gaming use cases. In the future, Immutable X and Immutable zkEVM will live side by side in a complementary manner.
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Starknet is currently the 9th largest Ethereum L2, but the network is already teeming with experimental gaming scenes. Some of the key projects worth noting here today include: effectGrand strategy space MMO, and areaIt is an on-chain multiplayer game set in the world of Loot.
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Check out the full Starknet ecosystem hub here..
William M. Feaster is the creator of metaverse — Bankless newsletter focused on the emergence of NFTs in the cryptocurrency economy. He also serves as a senior writer for the Bankless newsletter.
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It is not financial or tax advice. This newsletter is strictly educational and does not constitute investment advice, a recommendation to buy or sell any asset, or a recommendation to make any financial decisions. This newsletter does not constitute tax advice. Consult your accountant. Do your own research.
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