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Cryptocurrency News Articles
GameChain: A Revolutionary Blockchain Gaming Platform By Gamestarter, Ava Labs, and Avalanche Crypto
Oct 22, 2024 at 01:02 am
Gamestarter is teaming up with Ava Labs and Avalanche Crypto to roll out GameChain. This initiative taps into the AVA network, promising a breakthrough in blockchain gaming with secure, transparent transactions.
Gamestarter, a blockchain gaming company, has announced a partnership with Ava Labs, the team behind Avalanche, to launch GameChain, a Web3 gaming startup.
GameChain will tap into the Avalanche network, offering developers a platform to launch blockchain games with secure and transparent transactions.
The GameChain SDK will feature cross-bridge capability, allowing developers to transfer assets across multiple blockchains and focus on immersive game design rather than blockchain complexities.
“This partnership marks a pivotal moment for blockchain gaming, merging the best of both worlds to deliver unparalleled experiences,” said Ava Labs CEO Emin Gün Sirer in a statement.
GameChain will also offer rewards to node holders, allocating 25% of its $GAME supply and up to 10% from future IDO launches on GamePad.
Node holders will also receive 35% of on-chain transaction fees, increasing the value of their stake.
With over 50 games set to debut on the platform, including GGXYZ's 'OverTrip,' 'Dark Frontiers,' and 'Pixel Pix,' GameChain promises a diverse lineup of titles.
Meanwhile, Avalanche, which was launched in September 2020 by three computer scientists at Cornell University, has quickly become one of the top 25 cryptocurrencies by market capitalization.
The platform is known for its smart contract blockchain that is designed to be blazingly fast, low cost, and eco-friendly.
As Halloween approaches and the crypto market prepares for a potential bull run, several new Layer-2 projects are emerging, offering high speeds and low transaction costs.
One such project, Pepe Unchained (PEPU), is nearing the end of its presale, having already raised over $21 million.
Unlike ordinary meme coins, PEPU boasts a smart contract speed that is 100 times faster than Ethereum, with transaction costs as low as a fraction of a cent.
Of the total 8 billion PEPU tokens, 20% are allocated to early investors, 30% will be used to generate staking rewards with yields of up to 4,800%, and 20% will be dedicated to marketing initiatives.
Pepe Unchained aims to be the first of its kind, merging the concepts of Layer-2 technology and meme coins to create a unique and potentially lucrative offering in the crypto space.
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