News Report
July 13, 2023

ZEPETO’s ZTX Metaverse 3D Open-world Ecosystem to Launch on Arbitrum

In Brief

The launch on Arbitrum will enable ZTX to develop its 3D open-world ecosystem.

ZTX is building a virtual world where users can socialize, play games, and participate in governance and economics when creating and selling digital assets.

The first beta of the application will go live in the coming weeks.

ZTX (ZepetoX), a blockchain initiative backed by Jump Crypto and ZEPETO, is set to launch on Arbitrum, a layer-2 (L2) scaling solution for Ethereum. ZEPETO is the largest avatar social network in Asia with over 400 million lifetime users.

ZEPETO’s ZTX Metaverse 3D Open-world Ecosystem to Launch on Arbitrum

The launch on Arbitrum will allow ZTX to develop its 3D open-world ecosystem. ZTX is building a virtual world where users can socialize, play games, and participate in governance and economics when creating and selling digital assets.

In the coming weeks, the first beta of the app will go live, granting users access to a test environment where they can explore and decorate their land and virtual homes with furniture-like items. According to a press release shared with Metaverse Post, further gameplay features such as harvesting, material ownership, trading, and crafting will be added in subsequent playable tests.

This new integration is part of ZTX’s multi-chain strategy, which involves partnering with reputable projects to reach a broader global audience. Earlier in March, ZTX debuted its Avatar Builder Beta where users can create digital identities to use within ZTX, as well as forging partnerships with top-tier brands to incorporate their exclusive wearables collections into the platform’s offerings.

“We are very excited to launch ZTX on Arbitrum. ZTX’s vision is building an on-chain 3D open world that is accessible to all, and as such, it was imperative to build on a blockchain that is scalable and robust. Specifically, Arbitrum’s EVM compatibility, high throughput, and near-instant transaction finality made it the most compelling protocol for us, and we are looking forward to building the ZTX ecosystem alongside other great builders and users in the Arbitrum community,”

Chris Jang, Co-CEO of ZTX, said in a statement shared with Metaverse Post. 

Jang added that virtual land on ZTX will be offered for free to enable universal accessibility and the partnership with Arbitrum will help the platform deliver these capabilities.

Steven Goldfeder, CEO and Co-founder of Arbitrum’s parent company Offchain Labs echoed these sentiments by saying: “ZTX is redefining what it means to build an immersive and real-value-generating 3D open-world. Arbitrum’s innovative technology is designed for precisely these types of use cases – bridging tech gaps, opening new opportunities, and delivering fast, performant, and robust capabilities to blockchain projects across the board.”

Following the playtest, ZTX will be conducting its Genesis Home Mint, which comprises a collection of 4,000 bespoke 3D District Homes equipped with benefits such as governance and special access to future drops, events, and games. The District Homes will be immersive in-game utility assets that operate as the economic engine in ZTX.

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

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via [email protected] with press pitches, announcements and interview opportunities.

More articles
Cindy Tan
Cindy Tan

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via [email protected] with press pitches, announcements and interview opportunities.

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