The Good Tech Companies - Xsolla To Launch Xsolla ZK, Advancing Web3 Adoption For Video Games

Episode Date: October 30, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/xsolla-to-launch-xsolla-zk-advancing-web3-adoption-for-video-games. Xsolla ZK is powered by ...ZKsync technology and will drive the continuous growth and expansion of Web3 technologies to further develop solutions on the blockchain Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #xsolla, #chainwire, #xsolla-announcement, #blockchain-development, #zero-knowledge-proofs, #crypto-adoption, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. XSOLA to launch XSOLA ZK, advancing Web3 adoption for video games. By Chainwire, Los Angeles, United States, October 30, 2024, Chainwire, XSOLA, a global video game commerce company, announces plans to launch XSOLA ZK and introduce a digital backpack of virtual items on the blockchain. XSOLA ZK is powered by ZK-SYNC technology and will drive the continuous growth and expansion of Web3 technologies to further develop solutions on the blockchain for the video game industry. XSOLA ZK will become part of the elastic chain ecosystem and expanding constellation of interconnected chains powered by ZKSYNC,
Starting point is 00:00:45 an Ethereum Layer 2 Zero Knowledge Rollup technology. Exola ZK will also introduce its digital backpack for game developers, item creators, and gaming infrastructure providers to store and manage in-game items. Exola has seen success in the gaming industry, with two decades of experience, over 2,500 games monetized with its products, and over 1,000 developers and publishers utilizing its technology for their games. Lee Jacobson, Senior Vice President of Business Development Web3 at Exola, expressed his enthusiasm for the project. Exola ZK leverages Ethereum Layer 2 ZK roll-up technology to create a digital backpack for game developers.
Starting point is 00:01:26 By deploying our expertise on the ZK-SYNC elastic chain, we provide game developers with a scalable and pioneering solution aligning with the economic models with which they are familiar. XSOLA ZK is not just about innovation. It's about creating real value for the gaming community. XSOLA will combine its expertise in in-game commerce with Xinc's cutting-edge blockchain technology. Greater than Rich Kim, head of gaming at Matter Labs, said, We are thrilled to see greater than companies like Exola launch pioneering projects for Web3 gaming. For gaming greater than ecosystems to thrive, it's critical to close the gap for both users and greater than builders. Builders need proven plug-and-play infrastructure to launch rich greater-than features while handling the performance required by mass-usage games. Greater than additionally, users need easy-to-use and
Starting point is 00:02:13 convenient in-game features and greater-than-payment options that can be leveraged across a broad ecosystem of games. Greater than Xsolla ZK is carving a path for gaming to transition and thrive in Web3. About XSOLA XSOLA is a global video game commerce company with a robust and powerful set of tools and services designed specifically for the industry. Since its founding in 2005, XSOLA has helped thousands of game developers and publishers of all sizes fund, market, launch, and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Exola's mission is to solve the inherent complexities of global distribution, marketing, and monetization to help their partners reach more geographies, generate more revenue, and create relationships with gamers worldwide.
Starting point is 00:03:00 Headquartered and incorporated in Los Angeles, California, with offices in Montreal, London, Berlin, Beijing, Guangzhou, Seoul, Tokyo, Kuala Lumpur, Raleigh, and other cities around the world, Xsolla supports major gaming titles like Valve, Take-Two, Krafton, Nexters, Netis, Play Studios, Playrix, miHoYo, and more. About the Elastic Chain The Elastic Chain is an ever-expanding cluster of ZK rollups, secured by cryptography and designed for native interoperability with a unified, seamless user experience. The Elastic Chain delivers the functionality of a multi-chain ecosystem with the simplicity of a single blockchain, enabling scalable, secure, and efficient transactions. These core components ensure that this cluster of ZK chains can interact and transact with each
Starting point is 00:03:49 other efficiently, inheriting the security of Ethereum and forming a network that can scale horizontally without compromising on the core properties that make blockchains so powerful. For more information about Xsolla ZK and how to get early access, users can visit xsolla.pro slash zk for additional information and to learn more, users can visit xsolla.com. For additional information and to learn more, users can visit matter-labs.io. Contact Global Director of Public Relations Derek Stembridge xsollad.stembridge at xsolla.com. Tip This story was distributed as a release by Chainwire under HackerNoon's
Starting point is 00:04:25 business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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