Web3 gaming and infrastructure platform Saakuru Labs’s Saakuru Protocol (SKR) hit five million daily transactions — ranking it among the top five networks if ranked by this metric.
According to a Jule 11 announcement, Saakuru Protocol also ranks among the top five networks when it comes to the number of daily active user wallets. These data points show the demand for a web3 gaming protocol, as further highlighted by a 2024 Mobility Foresight report.
The report in question predicts that the global web3 gaming market will grow at a compound annual growth rate (CAGR) of 12.41% from 2024 until 2030. A report by Future Market Insights placed the value of the web3 gaming market at over $133 billion by the end of last year.
The Saakuru Protocol currently hosts four decentralized applications (DApps) that are ranked among the top web 3 games. Those are Playbits by Playground, Copycat Killer, Panic, and Parkour Battle. Jack Vinijtrongjit, Co-Founder and CEO at Saakuru Labs said:
Our focus remains on delivering innovative gaming experiences while promoting transparency and ownership through blockchain technology, and will continue this momentum looking forward, introducing more exciting titles and features for our growing community.
Expansion plans
Furthermore, Saakuru Labs plans to also launch four new games and DApps this month. Namely, the new projects to be hosted are Samurai Saga, Khuga Rumble Arena, Soccer Sage, and Tix3.
Samurai Saga is a 3D multiplayer game with modern graphics whose will also host a card game, non-fungible token (NFT) collection, merchandise and a food line. The game is play-to-earn (P2E) and the in-game currency can be exchanged for real-life money.
Khuga Rumble Arena is a 3D multiplayer fighting game with cartoony graphics where the player controls antropomorphic animal characters. The game also features P2E mechanics and tradeable NFT characters. Tix3 is an NFT-based ticketing system that allows for tickets and membership cards to be digitized.
What is Saakuru Protocol?
Saakuru Protocol is a gaming-focused layer-two scalability solution with free transactions (no fees) that is easily accessible to developers through the Saakuru Developer Suite. The protocol was developed from the ground up with gaming in time, with low block times allowing for in-game events to be always synced on-chain.
These features made the Saakuru Protocol capable of running complex real-time 3D games with lots of quick in-game eventsthat need to be processed right away. This puts it in stark contrast with what we have come to expect from P2E games: in-browser turn-based games that often have the players waiting for transactions to be confirmed.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.