Fun

Web3 dev platform Mirror World launches first gaming rollup chain on Solana

News Feed - 2024-03-30 01:03:00

Zhiyuan Sun8 hours agoWeb3 dev platform Mirror World launches first gaming rollup chain on SolanaThe software development kit allows Solana games to settle "millions of requests" during game sessions and settle them back to Solana L1 for faster processing.1255 Total views3 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksWeb3 application development platform Mirror World is launching the first gaming rollup on Solana.


According to the March 29 announcement, the novel Solana Virtual Machine (SVM) computation engine, dubbed “Sonic,” will allow developers to deploy game engines or virtual machines of their choice on Solana via its software development kit (SDK) and power in-app transactions. At the same time, HyperGrid, the core technology of the Sonic SVM developed by Mirror World, enables gaming platforms to create their own on-ramp and cross-chain decentralized exchange (DEX) aggregators for Solana in-game interactions. 


Currently, the Mirror World SDK has been deployed to 50 gaming clients as initial distribution nodes. Three games, Mahjong Meta, Matr1x Fire and Seraph/ActozSoft, with over $30 million raised in their series rounds, have seen more than 200,000 traffic and transaction engagements generated during their gaming sessions after incorporating the Mirror World SDK. “Sonic provides natively integrated tools for payment & settlement infrastructure, as well as user engagement tools necessary to build a successful Web3 game,” Mirror World wrote.


Chris Zhu, CEO of Mirror World, explained that the firm has worked with hundreds of games within the Web3 ecosystem to aid in their monetization and listing. “Sonic’s vision is to expand the existing Solana Gaming Ecosystem and process millions of requests per second per game and settle them back onto Solana L1,” Zhu stated. Another of Mirror World’s products, the Smart Marketplace SDK, allows developers to deploy a namesake nonfungible token marketplace within their decentralized application for $299 per month with a limit of $1 million in monthly transaction volume. Mirror World’s Sonic launch event. Source: World Store (by Mirror World)


Solana has emerged to become a top five blockchain by market cap with a gain of 824% over the past year. However, gaming activities on Solana have lagged so far in development relative to Ethereum, with the most popular game, MomoAI, having only 80,680 unique active wallets. That said, the blockchain is gaining traction in other initiatives. In February, Solana hit an all-time high of $5 billion in nonfungible token sales. 


Related: Solana to outpace Ethereum in consumer applications — Former head of growth# Blockchain# Cryptocurrencies# DeFi# SolanaAdd reactionAdd reaction

News Feed

Price analysis 11/29: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX
Rakesh Upadhyay5 hours agoPrice analysis 11/29: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAXBitcoin is struggling to sustain above $38,000, but the bulls have not given up much ground, which some analysts say incr
Starbucks says its NFT rewards program must come to an end
Ciaran Lyons7 hours agoStarbucks says its NFT rewards program must come to an endStarbucks" decision to end its NFT rewards program is in line with similar moves by other major companies in the last year.2625 Total views
4 years in, MicroStrategy’s Bitcoin gamble beats Warren Buffett’s warning
Yashu Gola10 hours ago4 years in, MicroStrategy’s Bitcoin gamble beats Warren Buffett’s warningMicroStrategy’s stock value is up by 1,000% since its first Bitcoin purchase, while Warren Buffett and Berkshire Hathaw
Bitcoin Finds Support At $94.5K As STH Realized Prize Signals Strength
Este artículo también está disponible en español. Bitcoin has faced a volatile week, with sharp moves above and below the pivotal $100,000 mark, but the price still strug
Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving
Zoltan Vardai14 hours agoBitcoin hash rate dips as miners turn off unprofitable ASICs post-halvingDespite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endan
Ray Salmond11 hours agoKeep it simple: Cryptonauts shares tips on growing a crypto YouTube channelCryptonauts co-founder Nathan Leung tells The Agenda how and why his team creates crypto content for the culture.1375 Tota
“Time To Get Ready For Another Bull Run,” Bitcoin Analyst Says— Here’s Why
Este artículo también está disponible en español. An analyst has explained why it could be the time to get ready for a new Bitcoin bull run, based on the pattern developi
French Central Bank Conducts Fifth Experiment on Tunisia CBDC
French Central Bank Conducts Fifth Experiment on Tunisia CBDC The French central bank, Banque de France (BOF), recently carried out its fifth experiment on the C
Bitcoin rebounds to $67K ahead of Trump’s speech in Nashville
Ciaran Lyons2 hours agoBitcoin rebounds to $67K ahead of Trump’s speech in NashvilleBitcoin has jumped 4.3% as futures traders skew toward long positions ahead of Donald Trump’s speech at the Bitcoin 2024 conference
Solana network ‘nowhere near where we expect it to be’ — Solana Foundation exec
Marco Castrovilli7 hours agoSolana network ‘nowhere near where we expect it to be’ — Solana Foundation execAustin Federa, head of strategy at the Solana Foundation, addresses concerns around the latest network outa
Cryptocurrency Draft Law Presented in Peru
Cryptocurrency Draft Law Presented in Peru A draft of a new cryptocurrency asset law was introduced in Peru in December, seeking to regulate the cryptocurrency interactions that ar
China’s largest payments app debuts AI feature that checks if you’re balding
Tristan Greene14 hours agoChina’s largest payments app debuts AI feature that checks if you’re baldingEat your heart out Elon Musk and X.com, China’s Alipay is the real ‘everything app.’3849 Total views14 Total