As Web3 gaming continues to dominate on-chain activity, many developers from the traditional gaming world still take a cautious approach. Slow transactions and high latency due to the scalability issues on many blockchain infrastructures are inherently incompatible with the dynamic nature of the gaming world.
Development and implementation operational costs tend to skyrocket due to inadequate software development kits (SDKs) and a lack of interoperability between games and gaming platforms. Many modern games require fast processing to keep the gameplay enjoyable, and this is where layer-2 (L2) solutions with highly tailored features come forth.
L2 blockchain to enable high-speed gaming
L2 networks have the potential to smoothen the experience for both developers and end-users, facilitating a wide range of decentralized applications (DApps) — including Web3 games — to be built on decentralized physical infrastructure networks (DePINs).
GAIMIN, the DePIN provider and a decentralized data processing network, has launched its L2 blockchain in partnership with BNB Chain and Movement Labs to deliver Web3 technology and services to the gaming industry.
BREAKING 📢@GaiminIo, @movementlabsxyz and @BNBChain collaborate to create the fastest gaming blockchain in the world.
— GAIMIN (@GaiminIo) February 21, 2024
A Move language based L2 on BSC with 150k TPS, the lowest latency, native gaming and DePIN features, and watched by millions of gamers.
Litepaper link👇🏼 pic.twitter.com/XehAFxWq49
The L2 gaming blockchain by GAIMIN aims to lower the barriers for game developers who seek to move their projects to Web3. It removes the requirement for high-performance hardware to process a blockchain transaction while rewarding users for allowing their devices to participate in the network.
As BNB Chain’s “Partner for Web3 Esports Growth Initiatives,” GAIMIN is working closely with opBNB — the L2 solution for BNB Chain — to deliver frictionless L2 functionality.
Technology developed by Movement Labs, the global network of modular blockchains, also enables the GAIMIN L2 blockchain to process over 150,000 transactions per second on the blockchain while significantly lowering the L2 confirmation latency and reducing gas fees through batching and compressing data. The strategic partnerships help GAIMIN offer an L2 network with high speed, low latency and scalable Web3 services to the gaming industry.
How DePIN makes Web3 game development easy
The new platform is powered by the gaimin.cloud, a DePIN of PC-based devices delivering more efficient blockchain transactions and critical tasks for game development, such as video rendering and artificial intelligence (AI) data processing.
The DePIN enables the creation of networks that focus on different processing requirements and provide different levels of performance and capacity. Through gaimin.cloud, GAIMIN has access to large numbers of globally available processing hardware.
For example, if an AI data processing task specifically needs an NVIDIA graphic processing unit (GPU), the GAIMIN L2 blockchain can find the matching GPUs from the DePIN, create a subnetwork for this task and forward any upcoming AI data processing jobs to that subnetwork.
Putting gamers at the core
Gamers can use GAIMIN’s PC app to allow their devices to participate in the network and receive rewards commensurate with their level of data processing participation. Each device can become a blockchain node, increasing resilience and speeding up approvals. The gas fees paid for each transaction will be returned back to the users as part of GAIMIN’s strategy, thereby making gamers the driving force behind their own dedicated gaming blockchain.
GAIMIN CEO Martin Speight stressed that “GAIMIN was set up by gamers, for gamers with a philosophy of ‘No Gamer Left Behind.’” He added that GAIMIN’s DePIN, gaimin.cloud, puts gamers in a pivotal position in the transformation of the gaming industry.
“Building the gaming L2 blockchain on BNB Chain, with opBNB, Movement Labs technology and GAIMIN’s DePIN will deliver the paradigm shift for the gaming industry to move to Web3.”
As Web3 gaming evolves, it promises a future where fast, immersive experiences are the norm, enabled by technologies overcoming today’s scalability and cost barriers. From its Web3 Games Launcher to the L2 blockchain and DePIN, GAIMIN aims to contribute to this shift to foster an inclusive, community-driven gaming ecosystem.
Learn more about GAIMINDisclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain in this sponsored article, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.
