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- LunaStorm has announced the launch of LunarChain to bring decentralized gaming experiences into its ecosystem in partnership with IOTA and HAVN, an interoperability network.
- It will be anchored on multi-utility and cross-chain interoperability, leveraging hybrid technology and offering cutting-edge speed, liquidity and security.
LunarStorm, one of the most innovative Web3 gaming platforms, has announced the launch of LunarChain, an innovative blockchain solution targeting the Web3 gaming industry. The platform partnered with the IOTA Foundation and HAVN in its initiative.
📣 LunarStorm is launching LunarChain in collaboration with @HAVN_network to innovate with @iota and @shimmernet towards revolutionizing Web3 gaming with lightning-fast transactions, top-notch security, and eco-friendly gameplay.
LunarStorm will expand its ecosystem by… pic.twitter.com/83CJJgYydx
— LunarStorm (@lunarstorm_web3) April 30, 2024
LunarStorm seeks to promote the growth of the Web3 gaming ecosystem, making every moment that users spend playing games worthwhile. The long-term vision is to promote true interoperability in the ecosystem and make Web3 gaming rewarding and decentralized.
LunarChain will play a central role in this mission. The network will leverage hybrid technology to deliver security, scalability, speed and interoperability.
Interoperability is especially critical for Web3 games. With dozens of networks having their own gaming communities, users can be overwhelmed and sometimes miss out on innovative features in other networks. Additionally, interoperability allows users to pick each chain’s best games and qualities.
In a blog post announcing the new network, LunarStorm stated:
LunarChain fosters a vibrant and interconnected gaming ecosystem, empowering players and creators while offering diverse opportunities for crypto enthusiasts to explore, engage, and earn rewards within the LunarStorm ecosystem.
IOTA and Shimmer Power LunarStorm’s Leap into Decentralized Web3 Gaming
LunarStorm has brought on partners to build the new network, the first being HAVN, an ecosystem whose mission is to connect hybrid chains into one interoperable and decentralized network. HAVN is building an automated platform on which developers can launch hybrid chains, envisioning a future where value and liquidity flow freely between dozens of chains.
Commenting on the partnership, Kimmo Nurmisto, the co-founder of HAVN, stated:
LunarStorm is the perfect partner for HAVN Labs, as their platform enables us to reach web3 games cross-chains. This supports our multi-chain strategy and enables us to introduce the latest hybrid chain technology to an entire industry vertical. Hybrid chains are the future of scalable and interoperable web3 applications and gaming will be at the forefront of this innovation. We look forward to taking web3 gaming to the next level with the LunarStorm community.
LunarStorm is also partnering with the IOTA ecosystem, integrating the IOTA network and Shimmer, the high-performance and feeless Directed Acyclic Graph (DAG) ledger that serves as a test network for IOTA.
LunarChain is the latest partnership for the IOTA Foundation as its ecosystem continues to grow. As Crypto News Flash has reported, one key area of growth has been the tokenization of real-world assets, a sector that some studies say will be worth $16 trillion by the decade’s end.
In a week’s time, IOTA co-founder Dominik Schiener will take to the stage in Abu Dhabi at the AIM Congress to talk about tokenization, digital identity and more.
Very excited about next week's @AIM_Congress here in Abu Dhabi 🇦🇪
As one of the strategic partners we will have an exhibition area to showcase IOTA and how we are bringing the real world to Web3.
We will talk about #RWA tokenization, digital identity, digital trade and more. https://t.co/vgkSYtoZa9
— Dominik Schiener (@DomSchiener) April 30, 2024