Tuesday, November 5, 2024

Crypto Sport Pirate Nation’s Exercise Soars Forward of Token Launch

Proof of Play’s Apex chain is processing extra day by day transactions than all Ethereum Layer 2 networks after Base and Arbitrum.

Pirate Nation, an onchain role-playing recreation (RPG) that operates by itself Arbitrum Orbit-based Layer 3 blockchain, is about to launch its PIRATE token on Thursday, and gamers have been ramping up their exercise forward of the occasion.

“We’re excited. PIRATE can have day-one utility within the recreation (we simply pushed gems reside, however they will’t be bought till after the airdrop declare), and we’re going to launch extra data about staking quickly,” workforce member and ‘Head Booty Vendor’ Dith informed The Defiant.

Day by day transactions on the Apex chain hit an all-time excessive of 1.46 million on June 8 as the primary season of the sport’s ‘Booty Factors’ program got here to an finish. These factors will convert into PIRATE token allocations.

Apex Daily Transactions chart
Apex Day by day Transactions

The Apex chain’s transaction throughput is at present above all Ethereum Layer 2 networks besides Base and Arbitrum, in line with a dashboard maintained by rollup supplier Conduit.

Rollup Throughput chart
Rollup Throughput

Pirate Nation and Apex are developed by Proof of Play, a gaming studio that raised $33 million final yr in a seed spherical led by a16z and Greenoaks.

Because the identify suggests, the sport facilities round pirate characters, which might be despatched on varied quests to gather assets which might be used to craft new gadgets like ships. Pirate Nation is free to play. Nonetheless, proudly owning a Founder’s Pirate confers enhanced talents.

Pirate Nation Gameplay
Pirate Nation Gameplay

PIRATE can have a whole provide of 1 billion tokens, with 47% allotted to neighborhood initiatives just like the forthcoming airdrop and future factors seasons. The workforce will get 28% and buyers 11.75%, with the remaining 13.25% reserved for ecosystem growth.

Disclosure: The writer holds Pirate Nation NFTs.

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