SKALE Labs and Moxy partner to bring gasless technology to reward-based gaming

crypto.news · 2024-09-05T07:44:54+00:00

Blockchain platform SKALE Labs and esports platform Moxy have partnered to bring scalable, decentralised applications to the gaming industry. SKALE's Ethereum-compatible network allows mass adoption through its gas-free infrastructure, and will now enable Moxy's users to save up to $3.5m in transaction fees, according to the platform. Additionally, Moxy plans to improve its player-engagement offering and loyalty rewards programs through its integration with the blockchain firm.

crypto.news

2024-09-05 07:44:54

Abstract generation in progress

SKALE Labs and Moxy, an esports and gamification platform, are partnering to reshape the gaming industry.

According to SKALE Labs, the collaboration marks a key milestone in bridging web2 and web3 gaming.

SKALE is a blockchain network that allows for scalable and user-centric decentralized applications across gaming, artificial intelligence, and other dApps. These applications leverage SKALE’s gas-free and fully Ethereum (ETH) virtual machine-compatible network to accelerate mass adoption.

With SKALE’s gasless blockchain going live on Moxy, the gaming space is set for transformation, changing how gamers earn rewards.

“By eliminating gas fees and harnessing SKALE’s high throughput infrastructure, we are setting a new standard for how gamers can earn rewards through gamification. We now have the potential to bridge the gap between casual and competitive gaming experiences, creating a seamless and rewarding experience for all users.”

Nolan Bushnell, co-founder of Moxy.

The platform recently bumped up its network’s speed and efficiency, with Pacifica V3 enhancing block mining speed and transaction throughput by 108% and 122% respectively. Moxy will leverage these network improvements to save up to $3.5 million in transaction fees for its users annually, according to the announcement.

Advancing web3 gaming

Moxy’s integration on the SKALE Network will enhance player engagement and improve reward and loyalty programs for games on the platform.

The partnership with SKALE adds to Moxy’s growing alliance and integration with key eco players.

Recently, it teamed up with web3 rewards platform Metadomo to bring real world rewards to its gamers A partnership with in-game monetization app Overwolf has also added to its appeal to gamers eyeing competitive gaming and real rewards.

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