Open Loot, a developer focused on blockchain-based gaming infrastructure, has launched the OL chaina custom-built Layer-3 network designed to make in-game transactions faster, cheaper, and publicly verifiable.
The company said OL Chain will record every transaction, purchase and interaction within its ecosystem directly on-chain, with the aim of improving transparency for both players and partner studios.
Speed and scale
OL Chain aims to address one of the major pain points in blockchain gaming: transaction latency and gas fees. According to Open Loot, transactions on OL Chain are settled and initially executed in real time zero gas costswhich lowers the threshold for new users.
The new network also inherits Ethereum’s security model and offers optional ‘gas sponsorship’, allowing developers to pay network fees on behalf of players – an incentive the company says will improve user retention and engagement.
Token Holder Utility
The launch of the chain expands the use case for Open Loot’s native token, $OLby linking platform activity and transaction volume to token demand and broader ecosystem value.
“OL Chain was built to make blockchain gaming invisible to the player,” the company said in a statement. “We want the benefits of transparency and ownership, without the friction that defines most Web3 experiences.”
Transparency and supervision
Activity on OL Chain can be monitored via the public explorer, which displays wallet distributions, transaction history and network performance data. Initial activities reflect internal testing and onboarding ahead of broader studio integrations.
The launch is part of Open Loot’s push to expand its gaming ecosystem beyond a single marketplace to an infrastructure layer with multiple studios. Additional technical documentation and roadmap details are available on the company’s developer wiki.