Crypto gaming ecosystem Treasure He had options. Built on DecisionThe platform, which currently covers 15 games, has attracted proposals Optimism, zkSyncAnd The rocks In recent weeks, groups to migrate to another Ethereum Measurement network.
Instead, Treasure intends to double down on arbitrage. This week, the main group of ecology He announced plans To launch the Treasure Chain built on Arbitrum and to pay the current MAGIC token for gas, launching the various games being built around Treasure through the “Infinity Chains” web.
Under the proposed plan, Treasure's DAO still needs to approve (with a vote scheduled for Monday, February 12) Arbitrum developer Offchain Labs will build Treasure Chain – a custom Ethereum layer-2 scaling network – that will enable game developers. Infinity Chains that rotate -3 to stretch their respective layers.
“This is really just an evolution of our vision at Treasure, our story is one of the earliest projects to build on Arbitrum,” explained co-founder Karel Vung. DecryptGG. “Our natural next step was to start our own chain. Our goal is to really build this gaming and entertainment powerhouse that's built and owned by everyone.”
We have seen other games like Pixels, Pirate NationAnd Crypto UnicornsHop chains (or plan to) in recent months, so what convinced the Treasury to stick with arbitrage?
Vuong points to competing proposals that he sees as flaws in their technical makeup (in Optimism) or lack of traction with users (like zkSync). Arbitrum Treasury has a unique function it needs, he added, and they've built a user base within that ecosystem. On top of that, Treasure and Offchain Labs already have ties.
“We've been in the pits together since the early days of the arbitrage game,” said AJ Warner, Chief Strategy Officer of Offchain Labs. “People think of arbitration as a DeFi– focused area.”
That's not the case now. Treasure's own rise helped start that evolution, including Beacon in its roster of games; Mighty action heroes, and Kaiju cards. Recently, arbitrage has been on the rise Xai, layer-3 game chain It airdropped in January and will begin releasing games in the coming months.
Vuong and Warner both said they see the potential for mutuality and collaboration in the arbitrage gaming space, though Warner is still “looking at the best ways to do it safely and securely.” As he puts it, the bridges between the chains will be vulnerable Ronin Network's $622 million bridge exploit In 2022
If wealth Dao Approves the proposed plan, then the core team aims to launch the Treasure Chain testnet at the end of this quarter, and launch the mainnet in Q3 2024.
Vuong sees a number of benefits to the plan, including improved connectivity across the Treasure ecosystem, improved services for MAGIC management tokens, and the ability to enforce creator royalty settings. NFT Sales. For Treasure, too, it's an opportunity to take its growing collection of tools for game developers and build something even bigger.
“We're seeing an opportunity to build a new IP as a decentralized game publisher, like a new Marvel Cinematic Universe, but it's really bottom-up,” Vuong said.
Edited by Ryan Ozawa.
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