Web3 dev platform Mirror World launches first gaming rollup chain on Solana

News Feed - 2024-03-30 01:03:00

Zhiyuan Sun8 hours agoWeb3 dev platform Mirror World launches first gaming rollup chain on SolanaThe software development kit allows Solana games to settle "millions of requests" during game sessions and settle them back to Solana L1 for faster processing.1255 Total views3 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksWeb3 application development platform Mirror World is launching the first gaming rollup on Solana.

According to the March 29 announcement, the novel Solana Virtual Machine (SVM) computation engine, dubbed “Sonic,” will allow developers to deploy game engines or virtual machines of their choice on Solana via its software development kit (SDK) and power in-app transactions. At the same time, HyperGrid, the core technology of the Sonic SVM developed by Mirror World, enables gaming platforms to create their own on-ramp and cross-chain decentralized exchange (DEX) aggregators for Solana in-game interactions. 

Currently, the Mirror World SDK has been deployed to 50 gaming clients as initial distribution nodes. Three games, Mahjong Meta, Matr1x Fire and Seraph/ActozSoft, with over $30 million raised in their series rounds, have seen more than 200,000 traffic and transaction engagements generated during their gaming sessions after incorporating the Mirror World SDK. “Sonic provides natively integrated tools for payment & settlement infrastructure, as well as user engagement tools necessary to build a successful Web3 game,” Mirror World wrote.

Chris Zhu, CEO of Mirror World, explained that the firm has worked with hundreds of games within the Web3 ecosystem to aid in their monetization and listing. “Sonic’s vision is to expand the existing Solana Gaming Ecosystem and process millions of requests per second per game and settle them back onto Solana L1,” Zhu stated. Another of Mirror World’s products, the Smart Marketplace SDK, allows developers to deploy a namesake nonfungible token marketplace within their decentralized application for $299 per month with a limit of $1 million in monthly transaction volume. Mirror World’s Sonic launch event. Source: World Store (by Mirror World)

Solana has emerged to become a top five blockchain by market cap with a gain of 824% over the past year. However, gaming activities on Solana have lagged so far in development relative to Ethereum, with the most popular game, MomoAI, having only 80,680 unique active wallets. That said, the blockchain is gaining traction in other initiatives. In February, Solana hit an all-time high of $5 billion in nonfungible token sales. 

Related: Solana to outpace Ethereum in consumer applications — Former head of growth# Blockchain# Cryptocurrencies# DeFi# SolanaAdd reactionAdd reaction