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XSOLLA TO LAUNCH XSOLLA ZK, ADVANCING WEB3 ADOPTION FOR VIDEO GAMES

investing.com 30/10/2024 - 08:15 AM

Xsolla Launches Xsolla ZK with Digital Backpack for Web3 Gaming

Los Angeles, United States, October 30th, 2024, Chainwire

Xsolla, a global video game commerce company, announces plans to launch Xsolla ZK and introduce a digital backpack of virtual items on the blockchain. Xsolla ZK is powered by ZKsync technology and aims to enhance the growth and expansion of Web3 technologies while developing solutions for the gaming industry on the blockchain.

Partnership with Elastic Chain

Xsolla ZK will be integrated into the Elastic (NYSE:ESTC) Chain ecosystem, an interconnected network of chains supported by ZKsync, which utilizes Ethereum Layer 2 zero-knowledge roll-up technology. The digital backpack will provide game developers, item creators, and gaming infrastructure providers with tools to store and manage in-game items.

Industry Experience

With two decades of experience, Xsolla has a proven track record in the gaming industry, having monetized over 2,500 games and collaborated with more than 1,000 developers and publishers.

> Lee Jacobson, Senior Vice President of Business Development Web3 at Xsolla, expressed enthusiasm for the project: "Xsolla ZK leverages Ethereum Layer 2 zk Rollup technology to create a digital backpack for game developers. By deploying our expertise on the ZKsync Elastic Chain, we provide scalable solutions that align with familiar economic models. It’s about creating real value for the gaming community."

Focus on User and Builder Needs

Rich Kim, Head of Gaming at Matter Labs, highlighted the importance of projects like Xsolla ZK in supporting thriving gaming ecosystems. He stated, "For gaming ecosystems to thrive, it's critical to close the gap for both users and builders. Builders need proven infrastructure to launch features, and users need convenient in-game options. Xsolla ZK is paving the way for gaming's transition to Web3."

About Xsolla

Founded in 2005, Xsolla is a global video game commerce company offering tools and services tailored for the industry. The company assists game developers and publishers in funding, marketing, launching, and monetizing games across multiple platforms. Headquartered in Los Angeles, California, Xsolla operates globally with offices in cities like Montreal, London, Berlin, Beijing, Seoul, and Tokyo. Major titles supported by Xsolla include Valve, Take-Two (NASDAQ:TTWO), and NetEase (NASDAQ:NTES).

About the Elastic Chain

The Elastic Chain represents a multi-chain ecosystem using ZK rollups, secured by cryptography and designed for seamless user experiences. It simplifies transactions while ensuring scalable and efficient operations. This network inherits Ethereum's security and scales horizontally without compromising essential blockchain properties.

For more information about Xsolla ZK and early access opportunities, visit: xsolla.pro/zk

For further details, visit: xsolla.com or matter-labs.io.

Contact

Derrick Stembridge
Global Director of Public Relations
Xsolla
[email protected]

This article was originally published on Chainwire.




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