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Playnance Launches Gaming Layer-3 Ecosystem, PlayBlock, on Gelato’s RaaS Platform
Playnance, a leading web3 platform in the peer-to-peer play-to-earn gaming sector constituting up to 10% of total Polygon POS transactions, has revealed the introduction of PlayBlock, a gaming Layer-3 ecosystem driven by Arbitrum Orbit, on Gelato’s Rollup-as-a-Service (RaaS) Platform. This new Orbit Layer-3, PlayBlock, is set to bring in over ten thousand daily active users to its expanding web3 games ecosystem covering decentralized trading, sports, and arcade games. The chain aims to offer white-labeling opportunities to game developers and seamless platform integrations, all the while eradicating the previous user experience challenges of blockchains, such as gas payments. The official mainnet launch of PlayBlock is expected in early April.
PlayBlock’s forward-thinking design enables game developers to have the freedom to make design choices while remaining connected to the platform, significantly simplifying the registration process for players by providing a universal profile that allows them to carry their identity, achievements, and digital assets seamlessly across various games in the ecosystem. This new Layer-3 is positioned to lead the upcoming wave of web3 mass adoption, with a rapidly expanding collection of over one hundred mobile-first games in the pipeline.
According to Roman Levi, CTO at Playnance, “Launching our dedicated chain is a natural progression of Playnance’s vision as one of the top peer-to-peer web3 gaming platforms. Our ambition is fueled by the mission to merge the advantages of Web3 on-chain gaming with the enjoyment and accessibility of traditional games, all without the complexities of web3.”
Arbitrum Nitro Technology and Gelato’s RaaS Platform
The PlayBlock chain, developed utilizing Arbitrum Nitro’s rollup technology, will operate on Gelato’s RaaS platform that inherently leverages a range of industry-leading web3 services like Relayers, VRF, Functions, and Account Abstraction to meet PlayBlock’s specific ecosystem requirements. This empowers developers to create more user-friendly gameplay directly on the blockchain, enhancing transparency, fairness, and ownership of in-game assets.
By utilizing Arbitrum Anytrust technology, the new PlayBlock chain achieves a 250ms block time and near-instant finality, capable of processing thousands of transactions per second. PlayBlock leverages Orbit’s native gas token feature with the introduction of the PBG token to ensure a zero-gas user experience. Moreover, PlayBlock Layer-3 will introduce its stablecoin, USDP, to eliminate volatility and enhance the gamer experience by ensuring fair reward payouts are always pegged to a dollar.
PlayBlock’s Layer-3 chain abstracts away the requirement for users to pay for gas, enabling persistent, session-based, gasless gameplay supported by sponsored transactions via Gelato’s integrated Relayer. This integration eliminates the need for frequent wallet confirmations and transaction approvals, ensuring uninterrupted and immersive gameplay. PlayBlock will offer a specialized self-custodial native wallet named PlayWall, based on ERC-4337, to streamline onboarding processes by providing seamless social login and account creation.
Multi-Chain Vision and Scalability
Over time, Playnance plans to move towards a multi-chain vision on Arbitrum Orbit. This transition, led by the Gelato RaaS team, will involve scaling to multiple horizontally interconnected PlayBlock Layer-3 chains with the aim to achieve limitless scalability and increased bandwidth to accommodate an economy of hundreds of millions of gamers. The implementation will incorporate a shared sequencer for seamless cross-chain interoperability.
About Playnance
The Playnance ecosystem bridges the traditional web2 iGaming experience, prioritizing players, transitioning them to a transparent, trustless world of Web3 GameFi. It leverages cutting-edge blockchain technology for social login, self-custody solutions, and a one-click crypto bridging mechanism. Currently, the Playnance ecosystem processes over 200,000 transactions daily, totaling more than $450 million paid out. Its flagship product, the plug-and-play P2P trading game UPVSDOWN, holds the top spot as the #1 Polygon iGaming app based on transaction volume.
About Gelato
Gelato is an all-in-one Ethereum Rollup as a Service Platform built without boundaries. Designed to be ultra-fast, highly secure, and infinitely scalable, Gelato Rollups allow anyone to construct and deploy their fully serviced Layer 2 chains natively integrated with industry-standard Web3 tools and services, launching a production-ready web3 development environment with a single click.
About Arbitrum Foundation
The Arbitrum Foundation, established in March 2023, sustains and expands the Arbitrum network and community with secure scaling for Ethereum. Introduced in March 2023, Arbitrum Orbit offers a permissionless avenue for launching customizable dedicated L2 and L3 Orbit chains using Arbitrum technology. Arbitrum Orbit enables features like custom gas tokens, dedicated throughput, customizable permissions, interoperability, and more, utilizing its secure, scalable, and cost-efficient blockchain scaling technology. More than 25 Orbit chains have been officially announced, with an additional 50+ actively in development to date.
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