With this new connection, assets such as KLAY and INJ can now be transferred and used across dApps built on either network. In turn, this can help to create more use cases and utility for both blockchains moving forward.

Klaytn is a public blockchain developed by a leading South Korean internet company, Kakao. Currently, the Kakao super app boasts over 50 million users which comprises nearly the entire population of Korea—giving virtually every South Korean access to Klip, the app’s embedded Klaytn wallet.

The platform utilizes an optimized version of the BFT consensus algorithm to deliver near-instant transaction confirmation, with a 1-second block time and immediate, absolute finality. Coupled with low gas fees and native support for features such as account abstraction and gas fee delegation, Klaytn delivers a seamless Web2-like blockchain experience for end-users.

The significance of integration to Injective

This integration represents a significant milestone for Injective and the larger expansion of the IBC network. By integrating with Klaytn, Injective strengthens its position as the fastest L1 in the industry today. It also reinforces itself as a vital player in the broader blockchain ecosystem. This integration also further cements Injective’s value proposition in being one of the most interoperable networks in the industry by enabling access to prominent Layer 1 blockchains, bridging communities, and unlocking new avenues for development.

The Future Lying Ahead of the Partnership

The integration of Klaytn into Injective is another avenue that brings more users into the Injective ecosystem. As Klaytn and Injective embrace this integration, they set a powerful example of how blockchain networks can work together. They will unlock new opportunities and accelerate the adoption of decentralized technologies.

ABOUT Injective

Injective is a lightning-fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem.

Website | Twitter

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Kokonut Swap goal is to become the go-to AMM protocol for the zkEVM ecosystem. They plan to improve the ecosystem’s capital efficiency by leveraging the dynamic-peg concentrated liquidity mechanism. This approach will help optimize the performance of liquidity providers and offer users a smoother trading experience.

They’re confident that the collaboration between Kokonut Swap and the Polygon zkEVM network will position them as a key player in the decentralized finance space.

About Kokonut Swap

Kokonut Swap is a next-generation AMM DEX protocol for the Klaytn ecosystem, through which users – or other protocols – can exchange stablecoins with low slippage.Kokonut Swap is a next-generation AMM DEX protocol for the Klaytn ecosystem, through which users – or other protocols – can exchange stablecoins with low slippage.

Website | Twitter 

SOURCE:
https://medium.com/kokonut-swap/kokonut-swap-is-launching-on-polygon-zkevm-3afc678d53db

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Drawshop Kingdom Reverse (DKR) and Land Chronicle plan to create synergy on creating new profitable game-fi products, host gaming events, and collaborate on other various occasions that shall contribute to the growth of the blockchain ecosystem.

About Drawshop Kingdom Reverse

Drawshop Kingdom Reverse is a DAO-based Metaverse with NFT, P2E game. In DKR World, you can create your own NFT draw-machines via Gacha Contract, enjoy Land Festivals along with other global users, or compete against other users through the strategic operation of your Land. Furthermore, you may create your own 2D dotted Art Galleries, which can be used to decorate your Land.

DKR is currently being funded by Krust Universe, the global investment arm of Kakao. Its project is led by world-class game developers, game directors, and blockchain developers from well-known companies such as KRAFTON and PATI games.

Website | Twitter

About  Land Chronicle

Land Chronicle is a Klaytn-based Web3 LAND-Fi project that shares benefits across the ecosystem by owning and utilizing Land NFTs.

✅ The Land Chronicle benefits holders by generating substantial revenue. Especially, when you purchase [Land NFT 1.0 Chapter 2: Golden Compass] you will receive revenue from an earnings system called ‘System Trading’. So far, the total sales have been over $100,000 since its launch and has been generating a substantial return.

✅ With a strategic partnership with ApolloX, invested by Binance Labs, the world’s largest cryptocurrency exchange, Land Chronicle provides a BSC Dex system and shares 100% of the revenue with NFT holders.

✅ The Land Chronicle plans to issue a master pre-paid card with up to 9% payback benefits when using.

Website | Twitter

SOURCE:
https://medium.com/drawshop/drawshop-kingdom-reverse-x-land-chronicle-official-partnership-announcement-84d3a9572802

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The AVATARA platform is a cross-platform MMORPG that supports PC and mobile at the same time. Inside the game, you will be able to hunt various bosses with your friends and battle to become the strongest server through “Base Battle” and “Siege Wars”. In addition, you can also freely trade items acquired from in-game and Web-App, NFTS (Avatars), and also characters that are grown or built by other players.

Minting and Mining of NFTs through Web-App

In the Web App, you can perform functions such as minting and mining of NFTs, which are important keys to gameplay. The processes carried out in the Web App will affect the user’s in-game character and will also have a great impact on profitability.

NOX Liquidity Pool at KLAYswap

The liquidity pool of the NOX token (NOX) was created on the KLAYswap, a decentralized exchange. Users can become a participant in the sustainable AVATARA ecosystem centered on NOX through NOX/USDT full liquidity supply.

KLAYswap is a decentralized autonomous protocol designs to raise the value of KSP, while automatically distributing KSP yields
The growth of KLAYswap and KSP occurs hand-in-hand, for the improvement of the ecosystem by providing benefits for its users.

In AVATARA, you can freely trade in-game items, Avatars (NFT), and even characters. This is to provide ownership of belonging items and characters that Web2 games cannot guarantee to its users. Although a part of the beginning, AVATARA will not only stay on our platform but will be together with the Web3 world.

AVATARA aims to provide gameplay that can preserve the value of in-game assets while providing enjoyment and content to users through continuous updates.

FOLLOW AVATARA FOR FRESH UPDATES

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PlayOne is proud to announce official partnership with 3KM. Both platforms have decided to work together to fortify networks and broaden their global presence.

About 3KM 

3KM is a gaming platform that aims to bring together a variety of games, all of which use a single type of token called the “Governance Token.” This token can be used in any game within the 3KM ecosystem. The platform was developed by HDLABS, a company that has previously run successful Move-to-Earn projects like STEPWATCH. 3KM is set to launch globally in the coming year. And will begin by releasing a blockchain game called “Three Kingdoms Multiverse”. Which is based on the popular Three Kingdoms IP. 3KM is also working to increase the value of its Governance Tokens and grow its overall ecosystem.

As the Three Kingdoms IP is popular in Southeast Asia they will first run joint marketing campaigns in the region with the help of gaming guilds and key opinion leaders (KOLs) who already maintain close relationships with PlayOne Games. At the same time, they are finalizing a new INO that will provide the NFT necessary for more enjoyable gameplay at a reasonable cost. And in doing so, they aim to boost the expansion of the 3KM ecosystem and eventually establish a beneficial feedback loop that draws in more players.

In blockchain games, tokens are obviously an attractive element, but there are still a lot of problems. Therefore, they believe that 3KM’s goal of creating a structure that makes it easy for everyone to participate and distributing benefits to all participants will be a new wind for the blockchain game ecosystem in the future.

Website | Twitter

About PlayOne Games

PlayOne Games is an ultimate hub for blockchain gamers. People who enjoy blockchain games can discover games, participate in IGO, receive airdrops, and more.

 Website | Twitter 

SOURCE:
https://medium.com/playonegames/partnership-announcement-3km-3b7c54461135

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Powering DFK’s Cross-chain Messaging

To date, Synapse protocol has been the most widely used mechanism for sending arbitrary cross-chain messages, largely thanks to the immense number of DeFi Kingdoms assets that have been bridged to date. This launch enables Synapse to continue supporting growth of DeFi Kingdoms and all future expansion plans with the best cross-chain infrastructure on the market.

About Klaytn

Klaytn is a blockchain platform designed to be user-friendly and scalable, with a focus on providing a great user experience for both developers and end users. The platform uses a hybrid consensus mechanism that combines both proof-of-work (PoW) and proof-of-stake (PoS) to secure its network and process transactions. These core features have made it home to a number of key dApps, including recently, DeFi Kingdom’s Serendale. To date, Klaytn boasts a user base greater than 11 million, and currently dominates the Korean market, with aggressive growth plans internationally**.**

About Synapse

Synapse is a universal cross-chain liquidity network that connects blockchains by offering an extensible cross-chain communication protocol that supports assets, smart contract calls, and more. By leveraging Synapse, blockchains can easily and securely interoperate with each other, and developers can build truly cross-chain applications including cross-chain DEX, lending platforms, margining systems, derivatives markets, yield aggregators, and much more.

🔽SOURCE:

https://synapse.mirror.xyz/08ET2e9DurYqkNjjzucD2-eXxDtFThe4aMqU9ULKqJ0

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Legends of Mitra is an NFT merge defense game where you fight with your heroes to defend your Kingdom. The stronger your strategy and defenses, the more rewards you will earn.

LoM is a free-to-play-to-earn game built on the Klaytn and Binance chain. That rewards players anywhere in the world with MITA tokens, in-game items and NFTs depending on their engagement and skills in the game.

The core difference between LoM and a traditional mobile game is the integration of Blockchain technology and the economic incentives designed to reward players for their time, contributions, and efforts in the game.

Players have multiple ways to earn, such as fighting and winning PVE battles, competing in PVP battles, joining Clans and winning Clan Wars, being top 10 on daily leaderboards and collecting, selling heroes & resources on the marketplace.

Another essential difference is the NFT component of the game. All heroes collected for free or purchased will completely belong to the owner. They can transfer, keep, or sell them on the LoM in-game marketplace.

Building A Multi-Metaverse Together With Legends of Mitra

The mission of ArcadeLand is to create an immersive game world. And bring users into a connected community where they can play, share, trade and expand their skills with others. Through this partnership, ArcadeLand provides a way for Legends of Mitra to tap into new markets and reach a broader audience.

Their partnership with MITA Games will allow their two platforms to better serve their users and communities.  They Offering an extensive selection of games, creating a gaming environment that is truly unique.

MITA Games will get to set up a Legends of Mitra presence in the ArcadeLand Metaverse. Where their game will be available for everyone to play and enjoy. New players exploring games through the ArcadeLand portal. It will now have an option to launch directly into the Legends of Mitra.

This streamlined approach will ensure effortless integration and access to new content. So new users are encouraged to keep coming back for more while having access to all the earning opportunities on both platforms.

They are delighted to join forces with MITA Games on this exciting project and look forward to welcoming their players to our multi-Metaverse ecosystem!

To stay informed on the latest news and events relating to the project, check out the following social media channels.

About MITA Games

Mita Games is a community-driven play-to-own gaming platform. It empowers users by rewarding them for their engagement and game play skills whilst. Also combining the best of token farming and NFT farming to create a unique and rewarding gaming ecosystem.

The mission of MITA Games is to drive blockchain adoption and economic growth in Africa by making a straightforward platform that everyone from kids to the elderly can enjoy. They are building games for gamers, especially for those who are new to blockchain and cryptocurrency.

Website | Twitter

About ArcadeLand

ArcadeLand is building the Ultimate Gaming Metaverse. Its mission is to deliver the most rewarding experiences. With the best selection of high-quality games and an ecosystem designed to serve gamers, developers, and the community to propel the future of gaming.

Website | Twitter

SOURCE:
https://arcadeland.com/arcadeland-forges-strategic-partnership-with-legends-of-mitra/

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• The open-source DEX will initially have various features, from fungible token swapping and token-based governance to staking and liquidity provision and token minting.
• The DEX will be available for users to test from 29 November 2022.

Decentralized exchanges (DEXes) serve as a key pillar of a blockchain ecosystem, providing trustless access to liquidity and helping networks gain growth and traction.

With this in mind, a collaboration with SORAMITSU to build the backbone architecture and design for an open-source DEX on the Klaytn blockchain was announced in March.

Proposed via the Klaytn Improvement Reserve (KIR), the open-source release will advance Klaytn’s vision of allowing more users to be part of the Web3 revolution. While keeping the network at the forefront of technological developments.

Klaytn Collaborates with SORAMITSU

The open-source DEX will initially have a range of features, from fungible token swapping and token-based governance to staking and liquidity provision as well as token minting. Klaytn Collaborates with SORAMITSU, It will also incorporate dashboards for ease of data visualization for Klaytn network users. The DEX backbone architecture will also allow DEX operators to implement tokenomics and provide liquidity.

The progress of the SORAMITSU-developed open-source DEX infrastructure. Was documenting in milestones and presenting to the Klaytn community through the KIR.

The SORAMITSU-developed open-source DEX infrastructure will be available for public testing from 29 November 2022 till 20 January 2023. Access the testnet here and view the user guide and testnet tutorial video for more guidance.

About SORAMITSU

SORAMITSU is a Japanese fintech company with expertise in developing blockchain-based solutions for digital asset and identity management. Our mission is to use blockchain to promote innovation and solve pressing societal challenges.

SORAMITSU is the developer of and major contributor to the open-source blockchain platform Hyperledger Iroha, which is tailored for enterprise and public-sector use. Part of the Linux Foundation’s Hyperledger Project, the Iroha blockchain’s flexible permissions system and scalable, performant architecture. Suit it to digital asset and identity management in high-traffic, multi-stakeholder environments.

Website | Twitter

About Klaytn

Klaytn is an open-source public blockchain for all who wish to build, work, or play in the metaverse.

Website | Twitter

RESOURCES

https://klaytn.foundation/klaytn-soramitsu-dex/

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Unmarshal offers infrastructure support to Klaytn. Klaytn has a high TPS (Transactions Per Second), and Unmarshal offers an indexing solution so developers can easily build on their chain.

The major endpoints available as part of the integration are mentioned below.

1. Core APIs: Get a complete image of your wallet. Check balances, transaction history, token transactions, an address’s transaction count, and token holders.

2. Notification service: To provide instant notifications of smart contract events that have been triggered

3. Parser: Gain access to all of your smart contract’s data by monitoring events and function calls.

4. Analytics: Parser allows users to index events and functions relating to any smart contract to a relational database. Once decoded and indexed, the data is made accessible through

• Metabase Dashboards
• GraphQL APIs

5. Xscan: Used as a wallet-centric search engine for Klaytn chain wallets.

About Klaytn

Klaytn is a public blockchain focusing on the metaverse, gamefi, and the creator economy. Officially launched in June 2019, it is the dominant blockchain platform in South Korea. It is now undergoing global business expansion from its international base in Singapore, led by the Klaytn Foundation.

These business expansion activities are supporting by the Klaytn Growth Fund. Which aims to grow the ecosystem of companies built on Klaytn. The fund is managing and disbursing by Klaytn Foundation. It’s  non-profit organization to accelerate global adoption and ecosystem maturity on Klaytn.

Since unveiling its metaverse roadmap in early 2022, the Ethereum-equivalent L1 chain has seen many well-known companies come on board its metaverse — including game developer and publishing powerhouses: Netmarble, and Neowiz. It recently ramped up efforts to lay the metaverse foundation and expand use cases.

Website | Twitter

About Unmarshal

Unmarshal is a Multi-chain Web 3.0 data network aiming to deliver granular, reliable & real-time data to dApps, DeFi protocols, NFTs, Metaverse and GameFi solutions. Unmarshal provides the easiest way to query Blockchain data from Ethereum, Polygon, BNB Chain, Avalanche, Fantom, Celo, Solana, and XDC Network. It consists of data indexers and transforming tools to power Web 3.0 applications on any chain while providing a latent view of transformed data.

Website | Twitter

RESOURCES

https://blog.unmarshal.io/unmarshal-receives-development-grants-from-klaytn-bc32b7a39986

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The 1inch Network keeps taking over the DeFi space and is excited to reveal that the 1inch Aggregation Protocol and the 1inch Limit Order Protocol have been deployed on the Klaytn mainnet.

“Klaytn is a dominant blockchain in Asia and beyond, built to support metaverse use cases and enable a flourishing virtual economy. The 1inch launch on Klaytn will offer users instant transaction speed and more diversity in the blockchains choice.”— Sergej Kunz, 1inch Network co-founder

Kakao, South Korean leading Internet company and platform for messaging, games, advertising, e-commerce, and music, unveiled Klaytn in 2019. Since then, it has become one of the most popular networks in South Korea and is currently pursuing rapid global expansion. In addition, Klaytn public blockchain currently serves as a cutting-edge platform for popular dApps, metaverses, games, and marketplaces, with a mission of bridging Web2 businesses into Web3.

Moreover, as an aggregator of enterprise-level DeFi service providers, Klaytn offers multiple tools that enable businesses and users to join the metaverse.

Klaytn is Ethereum-equivalent since the Klaytn Virtual Machine derives from the EVM. It supports P2E games, AAA games and NFTs as well as a common feature set similar to Ethereum.

1inch users will take advantage of the Klaytn transaction speed since actual processing time takes only about 1 second with no additional confirmations required. Furthermore, the blockchain stands out for its ability to handle up to 4,000 transactions per second (TPS).

Moreover, Klaytn is currently implementing a dynamic gas fee mechanism. It prevents network abuse caused by its previously fixed low gas prices.

According to Klaylabs, Klaytn reached a TVL of $2,55 bln in late March 2022. In addition, protocols operating on Klaytn extend its DeFi ecosystem through liquidity pool-based KLAY and all major tokens.

The protocols immediately available via 1inch on Klaytn include

• 1inch Limit Order Protocol V2
• KokonutSwap
• KlaySwap
• Klap
• ClaimSwap

ABOUT 1INCH NETWORK

The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest, and protected operations in the DeFi space. Offering access to hundreds of liquidity sources across multiple chains.

Website | Twitter

ABOUT KLAYTN

Klaytn is an open-source public blockchain for all who wish to build, work, or play in the metaverse.

Website | Twitter

RESOURCES

Medium

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