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Home»Blockchain»Animoca Brands joins ZetaChain as a validator and increases multi-chain connectivity
Blockchain

Animoca Brands joins ZetaChain as a validator and increases multi-chain connectivity

2024-08-15No Comments3 Mins Read
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  • Animoca Brands joins ZetaChain as a validator, boosting multi-chain connectivity and driving innovative omnichain dApps.
  • ZetaChain’s 2.0 upgrade, including Universal EVM, simplifies interoperability across multiple chains and unlocks new capabilities for developers.
  • More than 540 Web3 companies in Animoca’s portfolio can use ZetaChain to future-proof their apps and gain access to more than 3.5 million unique wallets.

Universal blockchain ZetaChain has announced the addition of Animoca Brands, a gaming company headquartered in Hong Kong, as a validator. The long-term goal of seamless multi-chain interconnection and broad acceptance of digital assets is largely realized with this collaboration.

ZetaChain and Animoca Brands are two industry leading companies working together to share their respective areas of expertise. Animoca Brands offers a wealth of knowledge when it comes to blockchain network security.

540 Web3 companies in the @animocabrands portfolio can use ZetaChain to future-proof their apps and access users on any chain, including native Bitcoin.

More information: https://t.co/sfnXG0actr pic.twitter.com/cmu3utkAAA

— ZetaChain (@zetablockchain) August 13, 2024

At the same time, ZetaChain offers its own ZRC-20 token standard, essential for the implementation of Omnichain Smart Contracts. This combination promotes a more secure, trusted environment and accelerates the development of innovative omnichain dApps that manage assets and data across different blockchains.

ZetaChain’s 2.0 upgrade simplifies interoperability

ZetaChain recently introduced its 2.0 upgrade, which includes the Universal EVM and Chain Abstraction Framework (CAF). This upgrade simplifies multi-chain interoperability for developers, unlocking a host of potential use cases for unified liquidity and data.

The Universal EVM enables Universal Apps and Universal Proof of Stake, allowing developers and users to manage complex interactions across chains from a single platform.

See also  Chainlink could solve the current stock market crisis on the NYSE as Berkshire Hathaway falls by 99%

Expanding capabilities for Web3 innovation

Additionally, ZetaChain’s partnership with Animoca Brands opens new opportunities for more than 540 Web3 companies in Animoca’s investment portfolio. These companies can now leverage ZetaChain’s capabilities to future-proof their apps and access users on any chain, including native Bitcoin. Additionally, ZetaChain is eager to offer Animoca Brands portfolio companies access to more than 3.5 million unique wallets on ZetaChain and its Ecosystem Growth Program.

This program dedicates 5% of the total supply of ZETA tokens to supporting impactful Universal Apps through grants, incentives and community campaigns. There is a particular focus on increasing Bitcoin ownership, use and adoption.

As a leading gamification and blockchain company worldwide, Animoca Brands is always pushing the boundaries of decentralized initiatives and digital property rights. Moreover, by running validator nodes on various blockchains, the group has promoted the expansion of the ecosystem and impartial management of the chain.



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Animoca Brands Connectivity increases Joins multichain validator ZetaChain
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