Web3 game studio Treasure launched its Layer 2 mainnet on Wednesday.
treasure Announce In September, it was migrating its ecosystem of 15+ games from Arbitrum to its second layer within the ZKsync Elastic Chain ecosystem. This move sparked criticism about “grant hopping.”
Treasure was Arbitrum's top gaming ecosystem, accounting for about 95% of Games/ Transactions related to NFT on-chain.
Treasure DAO co-founder Caryl Fung I previously admitted They received a grant from ZKsync, but the motivation behind the migration was more to choose the “right partner” for scalability.
To migrate $190 million worth of its native token, MAGIC, from Arbitrum to the new Layer 2, Treasure is leveraging Hyperlane's interoperability framework.
Read more: MagicBlock unlocks the “buffer build-up” technology powered by the a16z
Treasure's Layer-2 features a native account abstraction on its wallet system that allows users to be onboarded with traditional Web2 login methods and non-invasive transactions.
Treasure players can also swap tokens using Game Exchange (GEX), an Automated Market Marker (AMM) powered by Magicswap v2.
According to a press release, Treasure has several developments underway in the game, including “Bitmate converting their MMORPGs to a full onchain system integrating Magicswap GEX, Zeeverse evolving into a cross-chain MMORPG, Calamity migrating from Base, and several token generation events.” Its games are planned all over the world.
Adidas launches co-branded sneakers with STEPN GO
As part of a partnership with Web3 for-profit game STEPN, Adidas is launching a limited-edition Ultraboost 5 collection of 1,200 shoes.
The STEPN GO x Adidas shoes will be available from December 13th to December 17th at the MOOAR Market.
Read more: Watch Web3: Someone at Adidas Loves Cryptocurrency Culture
Previously in April 2023, Adidas collaborated with STEPN to launch the Genesis Shoes NFT collection using the Solana blockchain.
The shoe will be released in four separate drawings, with Genesis given priority She denied Owners.
“We have moved from digital collectibles to tangible products that people can wear, which shows how the Web3 space has evolved,” said Shetty Manghani, CEO of STEPN. “This collaboration demonstrates the potential for integrating fitness, digital assets and real-world products.”
One interesting statistic:
Also note:
- Mysten Labs on Tuesday announced the launch of E4C: Final Salvation, a massively multiplayer online battle arena (MOBA) game on Sui in collaboration with Ambrus Studio.
- Yoga Labs acquired Tokenproof, an NFT verification tool for real-life events.
- The New York Red Bulls soccer team is to merge Its own ticketing system on the Avalanche Series for all live events starting in 2026.
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