Animoca Brands and Saakuru Labs Partner to Accelerate Web3 Gaming Adoption
Animoca Brands, a leading advocate for digital property rights in gaming and the metaverse, has joined forces with Saakuru Labs, developer of the L2 Saakuru Protocol boasting zero transaction fees, to propel the integration of blockchain technology and foster the growth of Web3 gaming.
The collaboration aims to integrate select games from the Animoca Brands ecosystem into the Saakuru Protocol, enabling these games to harness the gasless technology pioneered by Saakuru Labs.
Both Animoca Brands and Saakuru Labs share a common vision of facilitating seamless and ultra-fast gaming experiences fully based on blockchain.
The Saakuru Protocol, renowned for its gasless transactions and swift block times, promises gamers real-time interactions devoid of transaction fees or delays.
We have forged a strategic partnership with @saakuru_labs to promote the adoption & integration of Saakuru Labs' blockchain technology and thereby help accelerate the growth of #Web3 gaming. https://t.co/mLXR9pDfOd pic.twitter.com/VJhIiG4Jg4
— Animoca Brands (@animocabrands) May 1, 2024
The strategic partnership marks a significant move for Animoca Brands to fortify its presence in Southeast Asia, a region witnessing rapid gaming community expansion and burgeoning interest in blockchain technologies (source: GlobalData, January 2024).
However, the high blockchain gas fees pose a hurdle to Web3 adoption in many Southeast Asian countries where average incomes are lower.
Animoca Brands aims to overcome this barrier by deploying games on the Saakuru Protocol, offering players accessible and innovative gaming experiences.
Saakuru Labs provides infrastructure components that expedite game development and simplify the integration of Web3 functionalities into traditional gaming ecosystems.
🌐🤝 Major partnership announcement:
— Saakuru Protocol - Free-To-Use #Web3 🫂 (@saakuru_labs) May 1, 2024
Excited to announce our strategic partnership with @AnimocaBrands, uniting two powerful networks to amplify our capacity for driving Web3 adoption.
By merging expertise and portfolios, we're paving the way for seamless, ultra-fast, and… https://t.co/XLf4Grtac4
This collaboration seeks to lower entry barriers for game developers in the Web3 space, facilitating a smoother transition from traditional to blockchain-based gaming platforms.
Yat Siu, co-founder and executive chairman of Animoca Brands, expressed enthusiasm about the partnership, stating, “Gaming is one of the cornerstones of the open metaverse and of the Internet’s evolution toward true digital ownership.”
He believes Southeast Asia, with its burgeoning population and tech-savvy users, is set to lead the Web3 adoption, and the partnership will accelerate this movement.
Several projects within the Animoca Brands portfolio and its partners are in discussions to adopt the gasless protocol advocated by the partnership.
Companies such as W3GG, GameFi.org, and GameGPT have already committed to using the Saakuru Protocol, signaling a promising future for Web3 gaming.
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