News Report Technology
March 20, 2024

Playnance Introduces PlayBlock Layer 3 on Arbitrum with Gelato RaaS for Next-Gen Gaming

In Brief

Playnance launches PlayBlock, a gaming Arbitrum Orbit Layer 3 ecosystem, on Gelato RaaS to empower game developers and benefit users.

Playnance Introduces PlayBlock Layer-3 on Arbitrum with Gelato RaaS for Next-Gen Gaming

Developer of Polygon-based play-to-earn Web3 game Playnance announced the launch of PlayBlock, a gaming Arbitrum Orbit Layer 3 ecosystem on Gelato‘s Rollup-as-a-Service (RaaS) platform. PlayBlock aims to provide game developers with white-labelling opportunities and seamless platform integrations, enabling persistent gasless gameplay for users. According to the announcement, the mainnet launch of PlayBlock is scheduled for early April.  

PlayBlock empowers game developers to make design choices while remaining connected to the platform. The solution simplifies the sign-up process for players by providing a profile that enables them to carry their identity, achievements, and digital assets across different games within the ecosystem.

“Unveiling our dedicated Layer-3 solution marks the next step in Playnance’s journey to becoming a leading web3 gaming platform,” told Roman Levi, the CTO of Playnance to MPost. “The goal is to blend the benefits of Web3 on-chain gaming with the fun and user-friendly experience of traditional games, cutting through the usual complexity of the web3 space. Our approach allows developers to craft gameplay directly on the blockchain that’s not only more intuitive for players but also enhances transparency, fairness, and ownership of in-game assets,” he added.  

The PlayBlock chain, built with Arbitrum Nitro’s rollup technology, will run on Gelato’s RaaS platform, providing services including relayers, VRF, functions, and account abstraction to the PlayBlock ecosystem. This enables developers to create user-friendly gameplay directly on the blockchain, enhancing transparency, fairness, and ownership of in-game assets. Using Arbitrum Anytrust technology, the PlayBlock chain achieves a block time of 250ms and near-instant finality, capable of handling a massive array of transactions per second.

Furthermore, PlayBlock introduced the PBG token, leveraging Orbit’s native gas token feature to eliminate gas fees and plans to launch USDP stablecoin to mitigate volatility and provide dollar-pegged reward payouts for gamers. To enhance the gaming experience by reducing the requirement for frequent wallet confirmations, the PlayBlock Layer 3 chain integrates Gelato’s relayer. Shortly, PlayBlock will introduce a self-custodial native wallet called PlayWall, based on the ERC-4337 standard.

Playnance Blends Web2 and Web3 Gaming, Widens Expansion

The Playnance ecosystem bridges Web2 and Web3 gaming by leveraging blockchain technology for social login, self-custody solutions, and a crypto bridging mechanism. Currently, the Playnance ecosystem processes over 200,000 transactions daily, amounting to more than $450 million paid out. 

In the future, Playnance plans to transition to a multi-chain framework on Arbitrum Orbit, expanding to multiple horizontally interconnected PlayBlock Layer 3 chains, aiming to achieve scalability and increased bandwidth to support an economy of more gamers. According to the company, the implementation will incorporate a shared sequencer to facilitate seamless cross-chain interoperability. 

“Our ambition is driven by the goal to combine the benefits of Web3 on-chain gaming with the fun and accessibility of traditional games, all without the web3 complexity,” said Roman Levi, CTO at Playnance.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
HyveDA Unveils X Committee In Partnership With Lido, Lists wstETH As First Collateral
News Report Technology
HyveDA Unveils X Committee In Partnership With Lido, Lists wstETH As First Collateral
November 21, 2024
Bitfinex: Bitcoin Jumps 39.5% In Nine Days, Indicating Surge In Investor Interest
News Report Technology
Bitfinex: Bitcoin Jumps 39.5% In Nine Days, Indicating Surge In Investor Interest
November 21, 2024
The Rise of the UAE as a Strategic Hub for Web3 Gaming Innovation and International Collaboration
Opinion Lifestyle Markets Technology
The Rise of the UAE as a Strategic Hub for Web3 Gaming Innovation and International Collaboration
November 21, 2024
Bybit Launches Gold & FX Treasure Hunt Competition, Offering Real Gold Rewards
News Report Technology
Bybit Launches Gold & FX Treasure Hunt Competition, Offering Real Gold Rewards
November 21, 2024