Playbux Partners with Vite Labs to Revolutionize Blockchain Gaming with AI and Zero Fees

Web3 entertainment project Playbux is all set to drive blockchain gaming forward by becoming a gas-free layer 1. This big feat is being made possible through Playbux’s partnership with Vite Labs.

Gaming is a fast-growing sector with a user penetration rate of 33.3%, which is projected to climb to 37.5% in the next five years. While the gaming market is raking in $450 bln in revenue, and its users are set to reach 3 billion in coming years, the blockchain gaming sector has been struggling to capture the same interest.

Still, the global blockchain gaming market size is currently valued at about $10bln. Given its many benefits in terms of true ownership, digital scarcity, traceability, enhanced security, and vast earning capabilities, blockchain gaming has a lot of room for growth.

Playbux itself has seen a lot of progress, having processed more than 18.6 million in transactions and capturing over 640K unique users. Despite this incredible success, Playbux has found gas fees to be a limiting factor in attracting the masses. High transaction fees and scalability issues are acting as hurdles in the path of Web3 gaming adoption.

So, to remove these critical barriers to blockchain gaming entry, Playbux has partnered with Vite, a zero-fee blockchain to power the decentralized economy. For the past many years, Vite has been focused on building Web3 while leveraging Web2’s key features, i.e., being fast and free. For this, Vite’s DAG-based smart contract blockchain provides rapid and cost-free transactions while maintaining compatibility with EVM.

Now, Vite Labs will offer its advanced capabilities to Playbux, which is building an active and vibrant gaming community. “This strategic partnership with Vite Labs will mark the beginning of an exciting journey for us in pioneering efforts in revolutionizing the gaming blockchain space with our upcoming innovative zero-gas L1 solution,” said Sarun Vichayabhai, CEO of Playbux.

Moving forward, users will be able to transact on Playbux for absolutely free and, at the same time, enjoy faster transaction speeds, two things essential to real-time quality gameplay. This perfect combination of speed and zero gas fees will allow Playbux to offer its app-game users a more enriching gaming experience that is yet to be achieved in the Web3 space.

But this is not all. This partnership between Vite and Playbux will also allow for easy asset transfer between any two chains in a trustless manner, another crucial factor in the current multi-chain crypto space.

Technically, Vite supports Solidity, the high-level programming language for implementing smart contracts on the most popular and expansive Ethereum, and its proprietary asynchronous smart contract language, Solidity++. Yet another benefit of this partnership will come in the form of eco-friendliness. Thanks to Vite’s consensus algorithm, Playbux L1 will have an extremely low carbon footprint.

Packed with all these features, Playbux is now best-positioned to attract the masses and propel the blockchain gaming space forward.