Merlin Chain Secures New Investments Co-led by Spartan Group and Hailstone Labs to Empower Bitcoi...
Press Release
Merlin Chain Secures New Investments Co-led by Spartan Group and Hailstone Labs to Empower Bitcoin Apps
Merlin Chain's new funding round accelerates its position in the Bitcoin Layer 2 arena, driving expansion and innovative BTC staking options.
News Desk· Apr. 17, 2024 at 9:37 am UTC· 4 minread
Disclaimer:This is a sponsored press release. Readers should conduct their own research prior to taking any actions related to the content mentioned in this article. Learn more ›
April 17th, 2024 —Merlin Chain, a pioneering Bitcoin Layer 2 solution, is thrilled to announce a successful new round of funding co-led by the Spartan Groupand Hailstone Labswith significant contributions from Amber Group, Presto Labs, and IOBC Ventures. This strategic partnership marks an important milestone in Merlin Chain’s journey, positioning it at the forefront of the Bitcoin ecosystem’s evolution.
Since its last funding round, Merlin Chain has successfully launched its mainnet, which has rapidly gained traction within the industry. The platform has already facilitated over 9 million transactions and hosts more than 70 live projects with a Total Value Locked (TVL) exceeding $4 billion.
The addition of esteemed backers like Spartan Group will empower Merlin Chain to delve deeper into the institutional management scene, leveraging the new BTC staking narrative. This innovative approach offers an enhanced yield on Bitcoin, affirming its status as a pivotal “storage of value.”
“We are believers that the rapid development in the BTC ecosystem, including efforts to introduce smart contract capabilities to BTC, will unlock billions of value on-chain,” said Kelvin Koh, Co-Founder and Managing Partner of Spartan Group. Koh expressed his support for Merlin Chain, noting, “We are proud to back the Merlin team led by Jeff as they truly understand this vision and the mindset of the BTC community – prioritizing fair launches and distribution and grassroots-led growth of the entire ecosystem!”
Strengthening Foundations with Global Backers and Safeguards
Merlin Chain’s founder Jeff, a seasoned entrepreneur in Web2, has secured funding from top-tier institutions such as Sequoia Capital, IDG Capital, BAI Capital(Bertelsmann), 5Y Capital, and Vitalbridge Capital. With over 20 investment institutions on board, led by OKX Venture, ABCED, Forsight Ventures, and ArkStream Capital, alongside major mining pools like viaBTC, the platform is well-equipped for both security and technological advancement. This support underlines the strength of Chinese entrepreneurs and investors in the Bitcoin ecosystem.
With a TVL of $4 billion, security is Merlin Chain’s paramount concern. To this end, Merlin Chain has established the Merlin Security Council, which includes well-known entities such as Slowmist, BlockSec,Salus,Secure3,ScaleBitand Revoke.Cash. With a focus on research, education and technological development, the council is a pivotal element in its strategy to attract white-hat hackers and innovative DApps, ensuring the ongoing safety and growth of the Merlin ecosystem.
Revolutionizing Blockchain with Advanced Tech
Merlin Chain is setting new standards in the blockchain domain with its innovative architecture that enhances security, scalability, and transparency. At the core of Merlin’s system is a multi-tiered structure supported by a decentralized oracle network. This network is crucial for integrating external data with the blockchain, ensuring that power is distributed fairly and risks are managed effectively, thereby stabilizing the ecosystem.
Central to Merlin’s technological advancements are the strategically placed sequence nodes within the oracle network. These nodes are vital for maintaining the integrity of the blockchain’s ledger and facilitating the consensus process. They play a key role in organizing and processing transactions efficiently.
Merlin Chain utilizes zero-knowledge (ZK) proofs, a form of cryptographic security that allows transaction verification without revealing any underlying data. This method, combined with Bitcoin’s Taproot upgrade, significantly enhances privacy and efficiency. Taproot simplifies complex transactions on the Bitcoin network by merging multiple signatures into a single transaction, reducing the data needed and ensuring transactions are more private.
Advancing Bitcoin’s L2 Ecosystem Through Community
Merlin Chain’s success is not just a product of strategic marketing but is deeply rooted in its cutting-edge technology and the robust support from its community. This support is evidenced by its rapid growth and the trust placed in us by top-tier investors and the wider community.
In an era where Bitcoin Layer 2 solutions are becoming increasingly crucial, Merlin Chain stands out as a robust competitor, even against established entities like ETH Layer 2 solutions. Merlin’s approach has been fundamentally community-driven, focusing on assets that garner early recognition and foster community cohesion. Noteworthy examples include its BRC-420 assets like the Blue Box, which have significantly contributed to its ecosystem’s growth.
Merlin Chain is also actively expanding its DApp ecosystem by partnering with established Ethereum Virtual Machine (EVM) teams in key sectors such as gaming, DeFi, and social platforms. Their collaborations with high-profile projects and platforms are setting new standards for interoperability and innovation in the blockchain space.
With its latest funding round, Merlin Chain is poised for unprecedented growth. The protocol is committed to leading the charge in the Bitcoin ecosystem, driving innovation and delivering value to its users and stakeholders.
Merlin Chain invites the community and interested parties to join in this exciting journey as it continues to develop and expand its capabilities, paving the way for a more interconnected and efficient blockchain ecosystem.
About Merlin Chain
Merlin Chainis a leading Bitcoin Layer 2 solution that facilitates fast, scalable, and secure transactions within the Bitcoin ecosystem. It is designed to enhance Bitcoin’s usability while maintaining the highest security standards. By leveraging innovative technologies and strategic partnerships, Merlin Chain aims to expand Bitcoin’s utility and foster the development of a comprehensive decentralized application ecosystem.
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Bernstein predicts Bitcoin's price to surge to $150,000 post-Halving.
Analysts emphasize several positive factors including the ETF inflows as key drivers.
Despite the bullish forecast, recent market turbulence raises doubts about the immediate Bitcoin price trajectory.
Amid the ongoing uncertainties and fluctuations in the crypto market, Bernstein, a prominent global research firm, has offered a bullish outlook for the Bitcoin price. Their latest analysis has offered a ray of optimism for Bitcoin investors, suggesting that Bitcoin could reach $150,000 following the Halving event.
Notably, this projection aligns with historical trends, as Bitcoin has historically surged post-Halving, buoyed by factors like mining adjustments and ETF inflows.
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Bernstein Predicts Bitcoin Price To Hit $150K Post Halving
The Bitcoin price has been at the center of discussions in the market lately, especially after the recent crypto market crash. Notably, the downturn momentum in the Bitcoin price has also dragged down the prices of other major cryptos in recent weeks.
However, despite recent market turbulence, Bernstein’s analysts remain steadfast in their bullish outlook for Bitcoin. They anticipate a resurgence post-Halving, driven by factors such as stabilized mining hash ratesand renewed ETF inflows. Notably, Gautam Chhugani and Mahika Sapra from Bernstein emphasize the significance of Spot Bitcoin ETF integration with wirehouses and RIAs, foreseeing sustained demand for Bitcoin.
Meanwhile, Bernstein’s prediction echoes their previous forecast of Bitcoin hitting $150,000 by mid-2025. The approval of the U.S. Spot Bitcoin ETFhas already catalyzed a significant price rally for Bitcoin earlier this year, underscoring the potential impact of regulatory developments on cryptocurrency markets.
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While optimism surrounding the Halving event persists, recent market volatility has raised apprehensions about Bitcoin’s immediate trajectory. Nonetheless, some attribute the recent downturn to a natural retracement phase pre-Halving, suggesting potential for recovery in the long run.
Also Read: Ripple Partner Tranglo Uses XRP For All Payments, What’s Next For XRP Price?
Price Performance Amid Varied Market Sentiment
Although several market participants are betting on the long-term perspective of the Bitcoin price, some analysts have warned about potential short-term volatility following the BTC Halving event. Given that, the recent bullish forecasts of BTC price hitting $150,000 seem to have renewed the investors’ confidence.
In addition, the success of the U.S. Spot Bitcoin ETFs, as well as the recent approval of the Bitcoin and Ethereum ETF in Hong Konghas further bolstered the market sentiment. Considering that many are still optimistic about Bitcoin’s long-term trajectory despite the recent setback.
Meanwhile, the Bitcoin pricewas down 1.02% over the last 24 hours and traded at $62,350.71 during writing, after touching a 24-hour high of $64,486.36. Despite the rally in BTC price since the U.S. Spot Bitcoin ETF approval, the flagship crypto has lost nearly 7% over the last 30 days.
Notably, the Bitcoin Futures Open Interestwas up 0.41% over the last 24 hours to $31.32 billion or $500.78K BTC, CoinGlass data showed. Bybit topped the list with a surge of 1.04% in OI over the last 24 hours to 69.16K BTC or $4.32 billion.
Also Read: 5 Crypto To Sell Before Bitcoin Halving Event
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Rupam, a seasoned professional with 3 years in the financial market, has honed his skills as a meticulous research analyst and insightful journalist. He finds joy in exploring the dynamic nuances of the financial landscape. Currently working as a sub-editor at Coingape, Rupam's expertise goes beyond conventional boundaries. His contributions encompass breaking stories, delving into AI-related developments, providing real-time crypto market updates, and presenting insightful economic news. Rupam's journey is marked by a passion for unraveling the intricacies of finance and delivering impactful stories that resonate with a diverse audience.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Aark Raises $6M Funding to Accelerate LRT Liquidity…
London, UK, April 17th, 2024, Chainwire
Aarkannounces the successful completion of its Seed Round funding, attracting investment from leading industry pioneers, including HashKey Capital, Arrington Capital, Cypher Capital, Morningstar Ventures, IVC, and Metavest.
This follows its Pre-Seed in the second quarter of 2023, impressively led by Delphi Digital, with participation from OKX Ventures and Big Brain Holdings.
Aark is a 1000x perpetual DEX set to revolutionize the DeFi space by leveraging LRT assets to bolster liquidity for perpetual traders.
With the new investment, Aark will grow its team to develop more scalable liquidity, targeting the substantial $10 billion TVL market and enabling unparalleled high-leverage trading of up to 1000x for long-tail assets.
“Aark is shaping a future where perpetual DEXs surpass their centralized counterparts. To achieve this, Aark is introducing DeFi innovations that are absent in CeFi. Over the past two years, Aark has been meticulously developing a hyperscalable and diverse system. With the support of our new investors and believers, we aim to propel the on-chain derivatives industry to new heights,” said Eden, CEO of Aark.
“Aark’s innovative exchange model, diverse composability, and tradfi-focused team position it for significant market growth. HashKey Capital is excited to support Aark’s mission to revolutionize the perp dex landscape. We look forward to witnessing Aark’s continued growth and success in the years to come.” said Stanely Wu, Investment Professional of Hashkey Capital
“With growing adoption rates and bullish market trends, the industry needs more projects focusing on scalable and advanced trading solutions that can serve the needs of both retail and institutional investors. With Aark at the forefront of LRTfi and being one of the leading perpetual DEXs on Arbitrum, we are thrilled to be part of this round and continue supporting the team in growing within the DeFi landscape.” said Danilo S. Carlucci, Founder and CEO of Morningstar Ventures
About Aark:
Aarkis a pioneering Leverage-Everything Perpetual DEX that taps into DeFi’s most liquid sector: LRT. Aark provides delta-neutral yields for LRTs, which in return provide liquidity for traders. Aark’s scalable infrastructure, capable of delivering CEX-level liquidity, allows up to 1000x leverage for long-tail assets. Aark embodies security, scalability, and liquidity, leading the forefront of DeFi innovations.
Bernstein espera que Bitcoin reanude la trayectoria alcista después del halving
Por Hannah Pérez
Los analistas de Bernstein esperan que los ciclos se repitan. Reiteraron su predicción de USD $150.000 dólares para Bitcoiny aconsejaron comprar acciones de las principales mineras, anticipando un aumento de precios post-halving.
***
Los analistas de Bernstein siguen siendo optimistas sobre Bitcoin y la trayectoria de precios post-halving
Aunque reconocen que este ciclo es diferente, esperan precios más altos por la demanda elevada de ETF
Reiteraron su predicción de USD $150.000 y aconsejaron invertir en acciones de empresas mineras
Bitcoin(BTC) se aseguró una nueva cima histórica de precio sobre los USD $73.500 en marzo en medio de la cuenta regresiva del halving y la elevada demanda por los nuevos fondos cotizados en bolsa (ETF) de Bitcoinal contado en EE. UU.
Sin embargo, desde entonces, la principal criptomoneda por capitalización de mercado se ha corregido cerca de 15% y no ha vuelto a visitar el máximo histórico de precio. En medio de una tendencia bajista generalizada, Bitcoinrevisitó el nivel de USD $61.000 el sábado en medio de los ataques en Medio Oriente y ronda los 62.000 dólares para el momento de edición.
Mientras tanto, quedan apenas tres días para el halving, el evento de reducción de la recompensa minera de la red Bitcoina la mitad que históricamente ha traído consigo aumentos de precio. Los analistas de la firma de investigación y corretaje Bernsteinesperan que los ciclos se repitan y anticipan una recuperación del precio de Bitcoindespués de este evento.
En una nota a los clientesel miércoles, que fue recogida por The Block, los analistas Gautam Chhugani y Mahika Sapra manifestaron optimismo sobre el ciclo por venir y reiteraron su predicción alcista para Bitcoin.
Esperamos que la trayectoria alcista de Bitcoin se reanude después de la reducción a la mitad, cuando las tasas de hashmineras se hayan ajustado y las entradas de ETF se reanuden.
Demanda de ETF impulsará el precio de Bitcoin
Los autores hicieron referencia a la desaceleración de entradas en los ETF de Bitcoinal contado durante las últimas semanas. En marzo, el conjunto de producto registró flujos positivos diarios de más de USD $1.000 millones, sin embargo, esta cifra se ha ido reduciendo desde entonces, con numerosas sesiones tornándose negativas.
El equipo de Bernsteinse mostró optimista también sobre estos vehículos, argumentando que la integración de los ETF por parte de un grupo más amplio de instituciones financieras “seguirá proporcionando una demanda estructural de Bitcoin“.
Han estado circulando rumoresacerca del supuesto interés de grandes bancos como Morgan Stanley de ofrecer los nuevos ETF a sus clientes, y figuras como analista de ETF de Bloomberg, Eric Balchunas, ha compartido opiniones similares en línea con Bernstein. Varios titanes de Wall Street han asumido un rol activo como AP en el ETF Bitcoinde BlackRock.
“Seguimos esperando que Bitcoin alcance un máximo de ciclo de 150.000 dólares para 2025”, agregó Bernstein reiterando una predicción de precio anterior, citó la cobertura.
Los analistas subieron su proyección a un objetivo de 90.000 dólares para 2024hace unas semanas, en respuesta a la euforia de los inversores en torno a los ETF y el potencial impacto de esto en sincronía con la oferta reducida post-halving.
Este ciclo ha sido distinto, pero aún será alcista
En el informe, hicieron énfasis a los ciclos anteriores de Bitcoinen los que la criptomoneda subió de precio luego del evento antes de advertir que la reducción a la mitad en sí misma no conduce a una apreciación de precio sin una nueva demanda. También señalaron la diferencia de este ciclo con los anteriores. (El próximo halving del 20 de abril será el cuarto en la historia de Bitcoin).
Históricamente, una ruptura del precio de Bitcoin siempre ha seguido al evento de reducción a la mitad y, a veces, unos meses después de la reducción a la mitad. Sin embargo, en el ciclo actual de 2024, las aprobaciones de ETF en enero llevaron a una fuerte apreciación de los precios antes de reducirse a la mitad.
Otros analistas también han apuntado hacia la discrepancia de este ciclo con respecto a los anteriores para cuestionar la tesis alcista de Bitcoindespués del halving. Si bien algunos aún se muestran optimistas sobre una corrida en los meses posteriores al evento de reducción, otros creen que los picos podrían ser menores a los esperados debido al surgimiento de precios adelantado.
Bernsteinaconseja comprar acciones de mineras
Los analistas de Bernsteincontinuaron el informe analizando los impactos potenciales del evento en los mineros y la tasa de hash de la cadena de bloquesde Bitcoin. (Hashrate o tasa de hash se refiere al poder computacional combinado total que se utiliza para extraer y procesar transacciones en una cadena de bloques de prueba de trabajo).
Señalaron que las acciones de las empresas mineras han teniendo un rendimiento inferior al de Bitcoinen lo que va del año, lo que parece ser una señal de las preocupaciones que ha generado el halving a los inversores sobre la rentabilidad de las operaciones mineras.
A pesar de esto, Bernstein considera propicio y ha recomendado invertir en las compañías de minería Bitcoin, anticipando que los principales mineros públicos podrían superar a Bitcoinen los próximos 12 meses. Específicamente, espera que la industria se consolide en torno a cuatro mineros líderes: CleanSpark, Marathon, Riot Platforms yCipher Mining.
Escenario bajista es menos probable
Los autores también esperan que alrededor del 7% de la tasa de hashde la red se cierre después de la reducción a la mitad a medida que las operaciones mineras menos eficientes dejen de ser rentables y los mineros pequeños se apagan.
Aunque advirtieron que la caída de la tasa de hash podría ser aún más agudasi Bitcoinsufre una corrección hasta el nivel de 40.000 dólares o inferior, un escenario que no consideran sea tan probable.
“Creemos que las posibilidades de que se produzca este escenario adverso son menores, dado que la demanda estructural de ETF está lejos de terminar, en nuestra opinión (12 mil millones de dólares de entrada real hasta la fecha frente a 80 mil millones de dólares de entrada estimados para 2024-25)”, agregaron.
Artículo de Hannah Estefanía Pérez / DiarioBitcoin
Imagen de Unsplash
ADVERTENCIA:Este es un artículo de carácter informativo. DiarioBitcoin es un medio de comunicación, no promociona, respalda ni recomienda ninguna inversión en particular. Vale señalar que las inversiones en criptoactivos no están reguladas en algunos países. Pueden no ser apropiadas para inversores minoristas, pues se podría perder el monto total invertido. Consulte las leyes de su país antes de invertir.
Huma Finance联合创始人兼联合首席执行官Erbil Karaman拒绝透露交易条款,但表示合并后的新实体正在完成一轮“大型”融资。Arf最近的链上流动性量超过了10亿美元。Arf联合创始人兼首席执行官Nalbant表示,根据全球合作伙伴每月5亿美元的流动性需求,合并后的实体预计到年底交易量将突破30亿美元。
Ripple Partner Tranglo Uses XRP For All Payments, What’s Next For XRP Price?
Story Highlights
Ripple ally Tranglo leverages XRP for all real-time payments.
All transfers by Tranglo are conducted via Ripple's ODL.
The XRP price isn't affected much these transfers.
In a recent revelation, Chad Steingraber, a notable figure within the XRP community, highlighted Tranglo’s adoption of XRP for real-time transactions through Ripple’s Payments solution. This strategic move by Tranglo aims to revolutionize cross-border payments by leveraging Ripple’s On-Demand Liquidity (ODL) service. The ODL service utilizes XRP as a bridge currency.
Ripple Partner Tranglo Leverages XRP For All Real-time Transfers
Tranglo’s payment process, as revealed by Steingraber, involves a meticulous five-step procedure. Initially, remittance licensees request bulk pre-funding via RippleNet at Tranglo. It is followed by drawing down the requested amount in XRPfrom Ripple’s digital wallet.
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Subsequently, XRP is exchanged for fiat currency in Tranglo’s Exchange account. Thereafter, the licensee’s wallet is credited accordingly for remittance payout, culminating in Ripple issuing an invoice for payment.
The adoption of Ripple’s ODL service by Tranglo traces back to March 2022. It was preceded by a successful pilot deployment in September 2021. During the pilot phase, which processed 250,000 transactions totaling $48 million within the initial 100 days, the efficiency and scalability of Ripple’s solution were evidently demonstrated.
Since partnering with Ripple, Tranglo has witnessed exponential growth in transaction volumes. Moreover, small and medium enterprises processed a staggering $970 million in 2022 through Ripple’s ODL. This marks a remarkable 1,729% increase from previous levels. Furthermore, this surge underscores Ripple and XRP growing adoption.
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Does It Affect XRP Price?
Despite the significant volume of transactions facilitated by Tranglo through Ripple’s ODL service, questions linger regarding the potential impact on the XRP price. Steingraber addressed this concern and emphasized that the transactions primarily occur over-the-counter (OTC) rather than on public crypto exchanges.
He noted, “The reason #XRP price is not affected by today’s partnerships and ODL/Payments utility use described below: ALL use of #XRP globally today is essentially OTC trading that does not touch public crypto exchanges.”
Furthermore, Steingraber posited that significant price appreciation for XRP would stem from a complete depletion of the public supply, driven by increased demand from businesses reliant on XRP for transactions. He remarked, “The bottom line is that astronomical prices will come from a complete depletion of the public supply.”
Also Read: SEC vs. Ripple: Alderoty Sets Record Straight on Next Steps
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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Introducing Anomaly: AI-Powered Layer 3 for Gaming powered…
Zug, Switzerland, April 17th, 2024, Chainwire
Anomaly, announces the launch of the first AI-powered zero-gas Layer-3 gaming platform leveraging a play-to-airdrop mechanism targeting Telegram’s 900 million daily active users. Powered by Arbitrum Orbitand using Gelato’s Rollup-as-a-Service(RaaS), Anomaly’s new Layer-3 is set to redefine the gaming industry empowering developers to create immersive decentralized gaming experiences with unprecedented speed leveraging AI-enabled Game Engine, while completely abstracting away blockchain complexities.
Anomaly streamlines blockchain gaming UX with Account Abstraction enabling user onboarding via social platforms and leveraging SocialFi for game monetization. At the core of the new gaming Layer-3 sits the Anomaly SDK, which enables advanced AI functionalities like AI-driven matchmaking, decision-making, player model training, automated quest creation, and asset generation in Web3 gaming. This aims to help reduce developer time, address cost challenges of AI integration, and significantly improve user engagement and experience within the Anomaly gaming ecosystem.
“With Anomaly, we’re not just launching another gaming platform; we’re pioneering a new paradigm in Web3 gaming, that will fundamentally alter the blockchain gaming industry,” said Long Do, Founder of Anomaly. “Anomaly Layer-3 will function as a decentralized game layer with a native AI tech stack, promoting interoperability and platform experience.”
Leveraging Arbitrum AnytrustDAC technology, Anomaly Layer-3 Orbit chain inherits a fast, secure, and scalable execution environment, boasting a 250ms block time with near-instant transaction finality, processing thousands of transactions per second, standing out as one of the fastest EVM Layer-3 rollups on the market. The chain will feature a native gas token $nom that will secure smooth navigation between gaming realms.
“Anomaly’s implementation of the Arbitrum Orbit tech stack addresses fundamental issues encountered by blockchain games,” said Cooper Midroni, Product Manager at Offchain Labs. “The Anomaly Layer-3 ecosystem enables on-chain games to offer the same level of enjoyment and seamless experience as traditional games.”
The chain operates with a gasless user experience designed to provide a web2-like user experience gameplay. It launches with Gelato’s industry-standard web3 services, Gelato Relayers, Web3 Functions, and VRF. These services enable a fully automated, immersive gaming experience and provide a verified source of on-chain randomness for fair gameplay. The chain will also come out-of-box equipped with key infrastructure like the Blockscout block explorer providing easy access to block, transaction, and address data and canonical bridge UI serviced by Gelato.
“Anomaly came to us asking for a future-proof gaming platform that supports millions of users,” explained Hilmar Orth, Founder of Gelato. “We created a gaming-centric, fully-serviced, auto-scalable Layer-3 infrastructure that enables Anomaly to attract community and liquidity – ultimately supporting distribution.”
Anomaly Layer-3 will also leverage Gelato’s latest Node-Sale-as-a-Service solution to enhance its rollup security by selling verifier node licences and enabling community participation in securing Anomaly’s infrastructure. Anomaly’s launch will feature a private sale of AI-based Node NFTs to early supporters on Telegram, underlining the platform’s focus on a community-driven ecosystem. Furthermore, Anomaly will make it easier for all users to operate their node with cloud based subscriptions that they can run by paying monthly directly inside telegram.
Anomaly is poised to revolutionize web3 gaming by engaging with Telegram, Discord, and Farcaster communities. This approach meets users where they are, providing in-platform gaming experiences that bypass onboarding challenges, abstract away blockchain complexities, and offer experiences on par with web2 games.
About Anomaly
Anomalyis an avant-garde AI gaming studio and Layer 3 blockchain innovator poised to redefine gaming by merging Web3 with SocialFi and utilizing AI to create immersive experiences. Anomaly is at the forefront of gaming evolution, focusing on harnessing AI and blockchain synergies. The studio is dedicated to rapid game development and deployment, community engagement via social platforms, and innovative approaches to gaming, setting new benchmarks in interactive entertainment.
About The Arbitrum Foundation
The ArbitrumFoundation, founded in March 2023, supports and grows the Arbitrum network and community with secure scaling for Ethereum. Introduced in March 2023, Arbitrum Orbit is a permissionless path for launching customizable dedicated L2 and L3 Orbit chains using Arbitrum technology. Arbitrum Orbit enables features such as custom gas tokens, dedicated throughput, customizable permissions, interoperability, and more by leveraging its secure, scalable, and cost-efficient blockchain scaling technology. More than 25 Orbit chains have been officially announced, and an additional 50+ are in active development to date.
About Gelato
Gelatois an all-in-one Ethereum Rollup as a Service Platformbuilt without limits. Designed to be super-fast, incredibly secure, and infinitely scalable, Gelato Rollups allow anyone to build and deploy their fully serviced Layer 2 and Layer 3 chains natively integrated with industry-standard Web3 tools and services launching a production-ready web3 development environment with one click.