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Animoca Brands Joins ZetaChain as Validator, Boosts Multi-Chain Connectivity

source-logo  cryptonewsland.com 14 August 2024 20:45, UTC
  • Animoca Brands joins ZetaChain as a validator, boosting multi-chain connectivity and fostering innovative omnichain dApps.
  • ZetaChain’s 2.0 upgrade, including Universal EVM, simplifies multi-chain interoperability and unlocks new opportunities for developers.
  • Over 540 Web3 companies in Animoca’s portfolio can leverage ZetaChain to future-proof their apps and access 3.5M+ unique wallets.

The universal blockchain ZetaChain has announced the addition of Animoca Brands, a gaming company with its headquarters in Hong Kong, as a validator. The long-term goal of seamless multi-chain interconnection and broad acceptance of digital assets is being realized in large part with this collaboration.

ZetaChain and Animoca Brands are two leading companies in the business that have partnered to share their respective areas of expertise. Animoca Brands offers a wealth of knowledge when it comes to blockchain network security.

540 Web3 companies in the @animocabrands portfolio can use ZetaChain to future-proof their apps and access users on any chain including native Bitcoin.

Learn more: https://t.co/sfnXG0actr pic.twitter.com/cmu3utkAAA

— ZetaChain (@zetablockchain) August 13, 2024

At the same time, ZetaChain offers its proprietary ZRC-20 token standard, vital for Omnichain Smart Contracts deployment. This combination fosters a more secure, trustless environment, accelerating the development of innovative omnichain dApps that manage assets and data across different blockchains.

ZetaChain’s 2.0 Upgrade Simplifies Interoperability

ZetaChain recently introduced its 2.0 upgrade, which includes the Universal EVM and Chain Abstraction Framework (CAF). This upgrade simplifies multi-chain interoperability for developers, unlocking a multitude of potential use cases for unified liquidity and data.

The Universal EVM allows for Universal Apps and Universal Proof of Stake, empowering developers and users to manage complex interactions across various chains from a single platform.

Expanding Opportunities for Web3 Innovation

Moreover, ZetaChain’s collaboration with Animoca Brands opens new opportunities for over 540 Web3 companies in Animoca’s investment portfolio. These companies can now leverage ZetaChain’s capabilities to future-proof their apps and access users on any chain, including native Bitcoin. Additionally, ZetaChain is eager to offer Animoca Brands portfolio companies access to over 3.5 million unique wallets on ZetaChain and its Ecosystem Growth Program.

This program dedicates 5% of the total ZETA token supply to support impactful Universal Apps through grants, incentives, and community campaigns. There is a particular focus on growing ownership, usage, and adoption of Bitcoin.

A leading company in gamification and blockchain worldwide, Animoca Brands is always pushing the boundaries of decentralized initiatives and digital property rights. Furthermore, through running validator nodes on several blockchains, the group has been encouraging ecosystem expansion and impartial on-chain governance.

cryptonewsland.com