Balance: A Web3 Gaming Ecosystem Built on Blockchain and AI Technologies
- WBOYOriginal
- 2024-09-10 00:38:13657browse
Balance, created by the E-PAL team as a key move towards building a Web3 gaming ecosystem, is a platform centered on blockchain-based gaming.
Balance, a platform centered on blockchain-based gaming, has announced its latest initiative to build a Web3 gaming ecosystem. With a user base of 2.4 million from Web2, Balance is positioned to revolutionize the gaming industry by merging blockchain and AI technologies.
Currently, the platform is hosting a campaign that invites users to engage with Balance and enter a giveaway for a whitelist spot to mint their badge. Notably, the project's token has already been confirmed.
To further enhance its capabilities, Balance has secured $30M in investments from renowned firms, including a16z, Animoca Brands, and Aptos. This funding will serve to bolster the platform's development and expand its reach within the Web3 gaming landscape.
A Step-by-Step Guide to Understanding the E-PAL Team's Project
The E-PAL team has created a project that consists of two main components: the Balance Platform and the Balance zkEVM. Both elements are powered by the EPT governance token, which plays a crucial role in rewarding various activities within the ecosystem.
The activities that EPT tokenholders can engage in include making transactions, providing liquidity, and building applications on the platform. By incentivizing participation from traders, creators, and the marketplace, the E-PAL team aims to ensure that everyone benefits from the network's activities.
The project also boasts the Balance zkEVM, a gaming blockchain that operates on a second-layer zk-rollup and is fully compatible with the Ethereum Virtual Machine (EVM). This architecture enables instant transactions, facilitates large-scale scalability, and eliminates gas fees.
Through the utilization of smart contracts, the Balance zkEVM empowers game developers to seamlessly integrate Web3 features and establish custom digital ownership within their games.
One significant advantage for developers is the ability to continue leveraging the familiar Solidity programming language and Ethereum development frameworks. This aspect simplifies the creation of gaming applications on a more secure and efficient layer 2 solution.
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