The post Gaming L2 Moonveil Announces Node Sale With $2M Polygon Labs Investment to Grow Interoperable Gaming Hey Ecosystem via the AggLayer appeared first on Coinpedia Fintech News
Cayman Island, October 10, 2024 ââ Gaming-focused Layer-2 Moonveil has shared details of its upcoming node sale and revealed a major investment from Polygon Labs. 50,000 nodes will be made available to the Moonveil community starting from October 22.Â
Of the investment, $1 million will be used to accelerate the growth of AggLayer-connected projects within Moonveilâs rapidly expanding gaming ecosystem. Moonveilâs newly unveiled Layer-2, built on Polygon CDK, will also integrate with the AggLayer, creating a seamless cross-chain connection that unlocks new levels of innovation in gaming.
âMoonveilâs innovative approach to web3 gaming aligns with Polygon Labsâ vision for the future of blockchain,â said Polygon Labs CEO Marc Boiron. âBy supporting Moonveil nodes, we are reinforcing our commitment to advancing the next era of gaming through zk-powered technology and seamless interoperability, enabling true ownership and more empowering, interconnected experiences for players.â
âThis investment is a testament to the potential of what we are building, reflecting where web3 gaming has come from and where itâs now headed,â said Moonveil CEO MJ. âWith this fantastic support from Polygon Labs, we can turbocharge our mission to create a gaming world in which players and developers are able to thrive. I believe the growth of our builder grants program will help catalyze innovation and attract top developers to Moonveil.â
50,000 nodes are available to the public via a two-phase launch featuring a Whitelist Round (October 22) and a Public Round (October 24). Applicants can secure a whitelist spot by engaging in Moonveil campaigns, AMAs, and through partnersâ campaigns.
Moonveil Nodes will play a vital role in the platformâs progressive decentralization strategy and will sync with Polygon CDKâs Gitbook updates. Node operators will contribute to decentralizing Data Availability, Proof Verification, and Transaction Sequencing.Â
Node activation is scheduled for Q1 2025 but 25% of node operatorsâ tokens will be unlocked after the TGE, leaving 70% to be distributed over three years. The remaining 5% has been provisioned for community rewards which will commence shortly after the TGE.
Moonveilâs L2 will support both proprietary and third-party games, leveraging its ZK-powered network to provide unparalleled player experiences.
About Moonveil
Moonveil is a ZK Layer-2 gaming ecosystem developed by a team of industry veterans from the gaming and blockchain sectors. Moonveilâs team, known informally as the âRiot Mafiaâ for their backgrounds at Riot Games and other top companies like Netease, Funplus, and CARV, brings unparalleled expertise from major titles such as League of Legends, Valorant, Minecraft, and World of Warcraft.
Leveraging a deep understanding of game development, operations, and web3 technology, Moonveil aims to set new industry standards with self-developed, top-tier products on a ZK-powered L2. The mission is to redefine web3 gaming through rapid delivery, community-driven development, and agile iteration, fostering a vibrant ecosystem for game developers and players alike.
About Polygon Labs
Polygon Labs is a software development company building and developing a network of aggregated blockchains via the AggLayer, secured by Ethereum. As public infrastructure, the AggLayer will bring together user bases and liquidity for any connected chain, and leverage Ethereum as a settlement layer. Polygon Labs has also contributed to the core development of several widely adopted scaling protocols and tools for launching blockchains, including Polygon PoS, Polygon zkEVM, and Polygon Miden, which is in development, as well as Polygon CDK.
