By bringing Web3 and metaverse into the travel industry, Riva will redefine your travel by including trust, immersive experience, better knowledge and augmented planning. Riva is designed to make travel easy, safe and secure, while allowing you to use your crypto funds to book hotels and enjoy a hassle-free vacation. Moreover, users get rewarded for every trip, which has never been done before.

Riva Metaverse aims to provide better deals, faster checkout, no surge charge, and customization while making traveling more social. By catering to the needs of all stakeholders, Riva Metaverse will enable the perfect synergy of users and service providers, synchronizing their needs, and enhancing their travel experience by eliminating intermediaries.‍

‍Why is Arcana best suited for Riva?

For a mature industry like travel, there is a high benchmark for user experience. There is obvious friction in expecting users to create wallets and manage keys in a traditional Web3 format. Arcana Network enables Riva to onboard users with familiar web2 social auth or passwordless auth. Once onboarded, users get an instant non-custodial web wallet that doesn’t need any installation and can enable transactions within minutes. Arcana will also be helping Riva by supporting them in marketing, product, community building and helping them launch on Arcana’s Mainnet.

Quote from Riva

Riva Metaverse is glad to welcome the Arcana community to experience the future of travel.

Now Arcana, its partners, and their users can enjoy the perks of Web3 travel. Imagine utilizing your crypto funds to book your dream hotel without needing a credit card or traditional payment methods and getting rewarded. This will be a reality for all users including the Arcana community now!

About Riva Metaverse

Riva Metaverse is introducing “the only of its kind” Decentralized Travel Organization ( DTO), which will be an aggregator of Airlines, Hotels, Service providers and also Travel Lovers coming together to create a decentralized and transparent ecosystem.

Website | Twitter

About Arcana Network

Arcana is Web3 infra for devs to launch and scale apps through its Auth, Store, and also Access SDK. Arcana Auth is the first product to go live on Mainnet. With Arcana Auth, developers can simplify Web3 Authentication and improve user conversion rates by up to 90%.

Web3 apps use Arcana Auth SDK to quickly onboard users through plug-and-play social login and also passwordless email login. In addition, users are given an Arcana in-app non-custodial wallet to sign transactions and manage tokens/NFTs without installing plugins.

Website | Twitter

SOURCE: ARCANA BLOG

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Fabwelt integrates in-game NFT technology, Play to Earn and Defi right into the core of these games. In-game NFTs are not just collectables but strategic utilities that involve DEFI-like staking opportunities and in-game farming. All projects mostly use the NFT tech only as collectables, whereas Fabwelt is trying to increase the usecases. So imagine a multi-gaming ecosystem with various genres such as 3D First Person Shooter, Action-adventure, Simulation, Strategy, Fantasy and many more. All these are accessible on one platform while using in-game NFTs as assets, collectables and strategic utilities. This will let gamers have fun with friends or strangers while earning with the Play and Earn concept.

Fabwelt have a community of more than 50,000 gamers and have planned to launch their 3rd game by 2022 end. They do multiple gaming tournaments and giveaways. They are already live with a 3D first-person shooter game called Arsenal, which is getting great reviews and responses from their community—hosting multiple esports tournaments to promote the game and getting gamers to engage with it at a larger scale.

Helping Fabwelt Onboard Users with Arcana Auth

Fabwelt is looking to create a common platform to onboard gamers in their multi-game ecosystem and use NFTs to a greater extent. The onboarding process currently involves traditional web3 onboarding, which creates a lot of friction with non-web3 native gamers.

Hence to scale their adoption, they will be using Arcana Auth SDK to implement a web3 authentication which has a very similar experience to web2 auth, to create a non-custodial wallet with users’ email IDs which can store their assets. This frictionless onboarding will reduce their bounce rate.

They will also use Arcana’s private NFTs infra to set up their marketplace. Private NFTs are built on top of Arcana’s Access Control. Private NFTs are owner-controlled NFTs that are just like standard NFTs with public image and metadata, but they also include an additional DID link to an encrypted file that only the owner of the NFT can decrypt. These NFTs can be minted on any EVM chain and traded on Fabwelt’s gaming marketplace.

They are happy to onboard them and help them grow. As part of their onboarding commitment, they will assist Fabwelt by supporting them in areas around product, growth and community building and helping them launch on Arcana’s Mainnet.

About Fabwelt

Fabwelt is a ground-breaking concept that integrates blockchain technology into the heart of high-quality games of all types and genres. With in-game NFTs, Play to Earn, and Defi, they create a high-end gaming ecosystem and enhance the fun. A multi-genre gaming ecosystem that includes genres such as 3D First Person Shooter, Action-Adventure, Simulation, Strategy, Fantasy, and many others. In-game NFTs as assets, collectibles, and strategic utilities resurrect the fun of Blockchain gaming.

Website | Twitter 

About Arcana Network

Arcana is Web3 infra for devs to launch and scale apps through its Auth, Store, and Access SDKs. Web3 apps use Arcana’s SDK to authenticate users with Social and Passwordless Auth and create non-custodial wallets, Store Encrypted/Unencrypted  Data, and Manage Access. Built for Ethereum and EVM-based chains, with Arcana’s privacy stack, developers can build secure and also privacy-preserving apps with a seamless user experience.

Website | Twitter 

SOURCE: ARCANA BLOG

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Neon EVM will go live on Mainnet on Dec. 12, 2022, making it the first EVM on Solana. Without making any changes to their code, Ethereum-based applications will now have access to Solana’s scalability and liquidity.

Neon EVM will go Live on Mainnet on 12.12.22

The upcoming Mainnet launch of Neon EVM was made possible by their team’s hard work and ingenuity this past year in the face of some of the most difficult technological challenges in the blockchain.

Marina Guryeva, CEO and Founder of Neon Labs, was proud to share the behind-the-scenes work that had brought Neon EVM to this point at this year’s Solana BreakPoint event.

Marina also provided her thoughts on our upcoming Mainnet launch, saying:

“Neon EVM unites the best of two worlds, Ethereum and Solana, and puts to rest the Ethereum killer narrative once and for all. Ethereum-based projects can, for the first time, tap into the previously inaccessible audience and liquidity of Solana without needing to rewrite their code in Rust. As a result, users will now get to enjoy enhanced user experiences on Solana without losing out on Ethereum’s battle-tested dApps.”

Neon EVM is the first and only EVM on Solana, and it will have a profound impact on both the Ethereum and Solana ecosystems. For Ethereum projects aiming to expand into new ecosystems, differing programming languages are no longer a concern. Developers familiar with Solidity, Vyper, and the existing Ethereum smart contract languages can now use Neon EVM to deploy on Solana. Ethereum projects can now tap into Solana and access its large user base, which averaged 20.5M monthly active wallet addresses in the past three months. On the flip side, the Solana ecosystem will soon have access to Ethereum’s massive suite of dApps.

“Rather than looking at Ethereum, Solana, and other emerging L1s as disconnected blockchains, through Neon EVM’s launch we aim to foster multi-chain ecosystem growth by leveraging each blockchain’s respective strengths,” Marina continued.

The State of Technology

Their Mainnet debut is only the beginning. They will dive deep into the state of Neon technology and report on topics like dApp testing, performance testing, operators, the Neon Proxy, NeonPass, NeonScan, Tracer API, transaction indexing, tokens, gas prices, and governance in the sections below.

dApp Testing

In recent months, they have collaborated with MixBytes, Robonomics Network, and Zpoken to deploy and test popular Ethereum dApps on Neon EVM. A diverse set of dApps, including Compound, Uniswap v2, AAVE, Curve, Sobal, and Robonomics’ liability contract, were chosen to test Neon’s EVM compatibility. All of the use cases investigated were successful, and the underlying smart contracts worked properly and efficiently.

Read more about each performance testing scenario in the articles linked below:

• MixBytes Successfully Deploys Uniswap V2 Protocol on Neon EVM
• Robonomics Network’s Liability Contract is Successfully Executed on Neon EVM
• Zpoken Successfully Deploys the Compound Protocol on Neon EVM

Performance Testing

They ran a series of synthetic tests on Neon EVM and obtained results of 2000+ TPS. Synthetic tests only measure the speed of the Neon EVM smart contract without the use of Neon Proxy.

Neon Proxy

The Neon Proxy is require for converting a Neon transaction into a Solana transaction. It improves the user experience for operators in the Neon ecosystem and allows Ethereum dApps to be ported to Neon with almost no code or configuration changes because the proxy handles all “translation.”

Operators

Operators are an important part of the Neon ecosystem. There are no additional steps require after a user submits a transaction to Neon EVM to execute the instructions or store the data required for a transaction. Neon Operators and the operator’s software handle the complexities automatically. The cost of a transaction is ultimately determine by the transaction type. Operators use Neon Proxy, which aids in the execution of Ethereum-like transactions on Solana. This enables Ethereum dApps to be ported to Neon without requiring any code changes.

The operators of the mainnet will be listed here.

NeonPass

Solana and Neon will use NeonPass to transfer assets. It is important to know that NeonPass sends the original SPL asset from the source to the destination address. This “transfer” functionality is very different from the “bridging” functionality of standard blockchain bridges. Bridges encrypt original assets in smart contracts and create “synthetic” assets in destination blockchain ecosystems. These synthetic assets (also known as SPL-wrapped assets) are SPL versions of their associated ERC-20 counterparts in the context of Solana-Ethereum blockchain bridges.

Tracer API

The Tracer API is a Neon Proxy extension. They implemented a tracing API to assist developers in better testing, debugging, and understanding their Neon EVM smart contracts. The API will provide developers with a full externality trace on any transaction executed on the chain. They will be able to rerun historic transactions, create new transactions based on historic states, and analyze the state of the blockchain after each instruction is executed.

Wallets

Neon is an EVM environment and currently supports MetaMask.

Block Explorers

Their team has successfully integrated with NeonScan to provide the ecosystem with Block Explorer infrastructure. In a standard block explorer interface, NeonScan allows users to search the Neon blockchain for information such as block data, transactions, and addresses.

Indexing of Transactions

Aleph created a NeonAnalytics dashboard. The dashboard enables data querying on the blockchain, which results in more efficient dApp development for project teams.

Integration with The Graph protocol is underway to bring high-efficiency blockchain app. Querying to Neon EVM in an effort to further transaction indexing capabilities on Neon EVM; their team plans to run a Graph Node and will continue to build out tracing API services for use by dApps on Neon EVM.

Tokens

NEON, an SPL token used to pay for transactions and participate in DAO governance on Neon EVM.

Gas Price

Neon EVM inherits Solana’s low transaction fees. A Neon transfer costs 0.000015 SOL / tx and a simple swap costs 0.0002 SOL / tx.

Governance

Neon DAO will be live on day 1 of Mainnet launch. It will function as a normal DAO and use NEON as the governance token. Each token is equivalent to one governance vote.

Projects Being Built on Neon

Neon EVM will go Live on Mainnet

Beyond Mainnet

The road to Mainnet,  focused on solidifying the Neon EVM proof of concept, testing key dApps, and developing new dApps.

Neon EVM stabilization, ERC-20 with SPL support, Halborn and Ackee security audits passed, NeonPass rolled out, and NeonScan launched

They will now focus on early dApp deployments, the Neon DAO governance rollout, maintaining a Mainnet-ready Neon EVM, and integration with The Graph.

Pyth and Chainlink support, as well as NFT interoperability with Solana and whitelisted operators.

Looking beyond Mainnet, their team will focus on exploring interoperability with Solana smart contracts. Neon ecosystem growth, the grants program launch, developing a decentralized operators network, Neon EVM full compatibility Ethereum, and supporting top industry ecosystem tools and services.

About Neon

Neon lets users run any Ethereum protocol on Solana, without any changes to its codebase. Including Uniswap, Sushiswap, 0x, MakerDAO, and countless others. In other words, Ethereum developers can soon deploy their apps to Solana, a blockchain that can process 50K transactions per second at $0.0025 apiece.

Website | Twitter 

SOURCE

https://medium.com/neon-labs/neon-evm-set-to-go-live-on-mainnet-welcome-to-a-new-era-of-ethereum-scalability-on-solana-63b25bcc77a3

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