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Treasure Launches New Ethereum L2 Network Powered by ZKsync

CryptoExpert by CryptoExpert
December 13, 2024
in NFT News
0
Treasure Launches New Ethereum L2 Network Powered by ZKsync
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Web3 gaming platform Treasure has launched its own Ethereum layer-2 scaling network via ZKsync, shifting away from its earlier use of Arbitrum.

The platform seeks to address gaming-specific requirements and enhance the ecosystem with tailored features for both developers and players alike.

To mark its launch, Treasure has introduced the “Decentralized Entertainment System: Cartridges” campaign, featuring daily NFT mints based on games within its ecosystem.

Why is Treasure switching to ZKsync from Arbitrum? Source: Treasure

Why is Treasure switching to ZKsync?

Treasure decided to transition to ZKsync after evaluating its technical requirements.

Phemex

Whilst the company initially planned to continue with Arbitrum, advancements in ZKsync’s capabilities, including account abstraction and Elastic Network interoperability, prompted the change.

“After extensive evaluation ahead of our layer-2 launch, we found ZKsync’s technology aligns perfectly with our vision to fundamentally transform the gaming industry,” said Kavel Vuong, Co-Founder of Treasure. “This shift isn’t about what was wrong before, but rather about what’s right for Treasure’s future as we scale.”

What can we expect from this new blockchain?
What can we expect from this new blockchain? Source: Treasure

What can we expect from this new blockchain?

Treasure’s new network is part of ZKsync’s Elastic Chain, a collection of interoperable zero-knowledge rollup chains. The platform’s $MAGIC token will serve as the native currency and over 15 games, NFTs, and tokens will migrate from Arbitrum using the Hyperlane bridge.

The network includes features such as gasless transactions, social account creation, and infrastructure designed for game economies. These updates aim to enhance Treasure’s Game Exchange system, which facilitates asset trading, liquidity provision, and rewards within games.

In addition, the Treasure Development Kit will also simplify blockchain integration for game developers by reducing the need for extensive smart contract knowledge, opening up new possibilities for game design and functionality. Players can also log in using email, social accounts, or crypto wallets, enabled by ZKsync’s account abstraction features.

Future Developments

Treasure’s mainnet is already live, with several games expected to launch on the network by the end of the year, and more planned for Q1 2025.

Confirmed titles include Wanderers, which will launch exclusively on Treasure, Bitmates, a monkey-themed MMO integrating on-chain mechanics, and Zeeverse, which is already utilizing the Game Exchange system.

The platform is also in discussions with developers of other games, including the action RPG Calamity, which is transitioning from Ethereum’s Base layer-2 network.



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