Arcade and Solana Ventures Partnership
Arcade proudly announces its partnership with Solana Ventures. Arcade feels this is a solid partnership to help build on its philosophy of “it Pays to Play.”
Arcade has always been all one needs to experience GameFi. With a marketing approach that is truly worldwide, having a presence in over 15 regions and many languages.
Arcade chose to align with Solana because they are the fastest blockchain in the world and with the fastest-growing ecosystem in crypto with the lowest transaction fees.
This combined with Arcade’s philosophy of “It Pays To Play” and dedication to lowering the barrier of entry to Play-To-Earn games and rewards, make this a strong fit for Arcade.
About Solana Ventures
Solana Ventures’ mission is to accelerate the growth of the Solana blockchain and adjacent ecosystems by providing capital to the most promising teams building in the crypto ecosystem. Solana Ventures recently launched a $150M fund to blockchain gaming startups and is the strategic investment arm of Solana Labs.
About Solana
Solana is an open-source project implementing a new, scalable, high-performance, permissionless blockchain. It has a theoretical limit of 710,000 transactions per second making this perfect for the GameFi space. In 2017, Anatoly Yakovenko published a whitepaper describing Proof of History which solved the problem of getting computers to work in tandem. The result of this work resulted in a 10,000 times faster network than existing ecosystems. And the rest, as they say, is history.
Solana is decentralized which makes it censorship-resistant and unstoppable, this means the network will remain open for apps to run freely and no transactions will ever be stopped.
With thousands of applications in practically every category, from NFT Marketplaces, DeFi and Lending and Web3 Apps there are simply too many to list those running on Solana, making it a serious contender for the network of choice for GameFi and other ecosystems.
About Arcade
Arcade is the leading infrastructure for Gamefi | A platform where yield chasers, gamers, guilds, and game developers can all grow in harmony.
Dedicated to their mission of lowering the barrier of entry to Play-To-Earn games and rewards, a lion’s share of Arcade’s outreach efforts has been focused on lower-income communities that are often responsible for producing the world’s top gamers. Arcade is ushering in a truly unique opportunity, giving anyone the opportunity to participate in the metaverse.
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