As a seasoned crypto investor with a keen interest in decentralized finance (DeFi) and blockchain gaming, I’m thrilled to see Injective’s latest move into the Web3 gaming ecosystem through its partnership with DEGA. This collaboration represents an excellent opportunity for both parties to expand their reach and offer unique benefits to their communities.
The injective platform, which serves as a layer-1 blockchain for decentralized finance (DeFi) apps, is considering expanding its reach into the emerging Web3 gaming industry.
On Wednesday, Injective unveiled its collaboration with DEGA, a renowned gaming platform developer, which is operational on Ethereum, Cardano, and BNB Chain.
As a researcher studying the blockchain industry, I can share that Injective, which offers a platform for decentralized applications (dApps) spanning decentralized exchanges (DEXs), prediction markets, and lending protocols, intends to utilize DEGA’s ecosystem to kickstart its next development stage through Web3 gaming.
Using DEGA, game creators can efficiently develop and share games, marking a fresh chapter in the GameFi sector, as stated by Injective.
The market for Web3 gaming is experiencing robust growth and is projected to surge from approximately $23.9 billion in 2023 to more than $133 billion by 2033.
As a crypto investor, I’d describe it like this: “DEGA and Injective have similar goals when it comes to making cryptocurrency more accessible, inclusive, and intelligent. According to DEGA CEO Carlos Rene, the integration of these two platforms will bring advantages for everyone involved in either community.”
Injective users to benefit from airdrops, tournaments
This collaboration extends Injective’s reach into the gaming industry in addition to providing numerous advantages in community engagement. Some of these initiatives include hosting Injective games on DEGA, distributing airdrops with limited-edition Elements & Characters, organizing ambassador events and tournaments, and participating in other collaborative projects.
The “Great Benediction” initiative of DEGA is being revived once more. According to information provided in a recent blog post, this event will be reactivated on June 26, 2023, and is predicted to continue until July 3, 2024.
After announcing a collaboration with Tria, a consumer-focused layer-2 solution for simplifying gas fees and merging liquidity in the Web3 world, Injective has now formed a partnership with DEGA.
Based on the announcement, Tria’s integration with Injective improves dApp and user experience. With Tria’s Unchained technology, users gain full control over gas fees and can unify cross-chain liquidity, resulting in more effective management of payments and assets.
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2024-06-19 22:10