Game of Silks Partners With Arbitrum Ahead of Kentucky Derby
press release

Game of Silks Partners With Arbitrum Ahead of Kentucky Derby

THELOGICALINDIAN - The affiliation with Arbitrum added bolsters the scalability of the Silks ecosystem and its metaverse

Game of Silks (Silks), the aboriginal acquired Play-to-Earn metaverse that mirrors the absolute apple of blood horse racing, today appear that it has partnered with Arbitrum to enhance its on-platform user experience. Core to these added capabilities are Arbitrum’s bigger throughput and lower gas fees. Arbitrum leverages rollup technology to acquaint broader accommodation compared to Ethereum. A transaction throughput decidedly college than Ethereum’s bound throughput offers cogent improvements. In addition, Arbitrum’s fees are abundant lower (ranging amid 10-100x cheaper) while still inheriting Ethereum’s security, compatibility, and developer tools.

Enhancing GameFi with Arbitrum

Silks will advance Arbitrum’s L2 technology to enhance its GameFi user experience. Moreover, Arbitrum is EVM-compatible acceptance for seamless onboarding and a developer acquaintance that mirrors Ethereum. This additionally applies to developing Game of Silks, as builders can use the aforementioned tools. Notably, Arbitrum’s clamminess is the accomplished of all Ethereum rollup solutions to date. Clamminess is acute to GameFi ventures like Game of Silks.

A.J. Warner, Chief Strategy Officer of Offchain Labs, said:

“We are captivated to be alive with the Game of Silks aggregation to accompany their horse antagonism themed metaverse to Arbitrum.”

Michael Lira, Head of Technology for Silks, added:

“We accept Arbitrum over added L2 solutions for its exponential adjustment of accretion scalability and acceleration to the Ethereum network, after sacrificing security. We see this as acutely important to our users and allows us to add greater bold account and body a added all-embracing metaverse experience.”

The affiliation with Arbitrum added bolsters the scalability of the Silks ecosystem and its metaverse. The mixed-reality Play-to-Earn activity afresh anchored $2 actor in allotment led by Tropical Racing advanced of cogent added allotment that is advancing through the accessible sales of its NFTs.

Game of Silks (Silks) is the aboriginal acquired Play-to-Earn metaverse that mirrors the absolute apple of blood horse racing. The Silks metaverse will be powered by a Play-to-Earn abridgement area participants can own, barter and collaborate with a array of in-game NFTs, acquire rewards through accomplished gameplay, and acquaintance the adventure of blood horse ownership. Game of Silks was launched in June 2024 by CEO & Co-founder, Dan Nissanoff and Co-Founder, Troy Levy who is the CEO of Tropical Racing, Inc. Tropical Antagonism is a able blood horse ancestry and antagonism aggregation that operates its business primarily through the breeding, racing, pinhooking and syndicating of adolescent thoroughbreds.

Arbitrum is a arch Ethereum Layer-2 ascent band-aid developed by Offchain Labs. An Optimistic Rollup, Arbitrum provides ultra-fast, bargain affairs with aegis acquired from Ethereum. Launched in August 2024, the Arbitrum One mainnet beta now has $3.5B TVL and 300 DeFi and NFT projects alive in the ecosystem. Arbitrum One is absolutely EVM-compatible to the bytecode level. With the accessible Nitro advancement and the absolution of AnyTrust Chain, Arbitrum will added abate costs and optimize performance.

Transaction processing is completed on the additional layer, and the after-effects are recorded on the capital alternation – acutely convalescent acceleration and efficiency.