Silks Partners With Arbitrum For Its Horse Racing Metaverse Platform

Share This Post

Game of Silks (Silks), the first derivative play-to-earn metaverse that mirrors the real world of thoroughbred horse racing, today announced that it has partnered with Arbitrum to enhance its on-platform user experience. Core to these enhanced capabilities are Arbitrum’s improved throughput and lower gas fees. Arbitrum leverages rollup technology to introduce broader capacity compared to Ethereum. A transaction throughput significantly higher than Ethereum’s limited throughput offers significant improvements. In addition, Arbitrum’s fees are much lower (ranging between 10-100x cheaper) while still inheriting Ethereum’s security, compatibility, and developer tools. 

Silks will utilize Arbitrum’s L2 technology to enhance its GameFi user experience. Moreover, Arbitrum is EVM-compatible allowing for seamless onboarding and a developer experience that mirrors Ethereum. This also applies to developing Game of Silks, as builders can use the same tools. Notably, Arbitrum’s liquidity is the highest of all Ethereum rollup solutions to date. Liquidity is crucial to GameFi ventures like Game of Silks.

We are thrilled to be working with the Game of Silks team to bring their horse racing themed metaverse to Arbitrum,” says A.J. Warner, Chief Strategy Officer of Offchain Labs. “

We choose Arbitrum over other L2 solutions for its exponential method of increasing scalability and speed to the Ethereum network, without sacrificing security,” says Michael Lira, Head of Technology for Silks. “We see this as extremely important to our users and allows us to add greater game utility and build a more expansive metaverse experience.

The partnership with Arbitrum further bolsters the scalability of the Silks ecosystem and its metaverse. The mixed-reality play-to-earn project recently secured $2 million in funding led by Tropical Racing ahead of significant additional funding that is anticipated through the public sales of its NFTs.

Related Posts

TRON Announces its Second Blockchain-Based Game — WIN NFT HERO

This new addition arrives in the wake of WIN...

MetaMask Confirms Native Token in the Works

Ethereum Wallet Pursuing Plan of 'Progressive Decentralization' Rumors of a...

NFTWhisky Launches Dreama 2082 NFT Collection 

Dreama 2082, presented by NFTWhisky, is unlike any other...

Gluwa Launches New Gamified No-Loss “Lottery Account”

Borderless financial platform Gluwa announced the launch of its...

EU Passes Privacy-Busting Crypto Rules Despite Industry Criticism

European Union lawmakers voted today in favor of controversial...

Hashstack Announces the Public Testnet of its Open Protocol

Hashstack Finance officially announces the public testnet launch of its Open Protocol,...