Injective, an interoperable Layer-1 blockchain for decentralized finance (DeFi) applications, is diversifying into the emerging Web3 gaming ecosystem.
On Wednesday, Injective announced its partnership with DEGA, a leading game builder platform also deployed on Ethereum, Cardano, and BNB Chain. Injective, known for its platform supporting decentralized exchanges (DEXs), prediction markets, and lending protocols, will leverage DEGAβs ecosystem to enhance its development via Web3 gaming.
With DEGA, game developers will be able to design and publish games rapidly, marking a new phase for GameFi, as highlighted by Injective. The Web3 gaming market is experiencing substantial growth, with forecasts predicting an increase from $23.9 billion in 2023 to over $133 billion by 2033.
βDEGA and Injective share a lot in common when it comes to our vision for ease of use, financial inclusion, and artificial intelligence,β stated DEGA CEO Carlos Rene. βWe expect this integration to benefit all who participate in either of our ecosystems.β
Injective Users to Benefit from Airdrops and Tournaments
This partnership is not only expanding Injective into the gaming sector but also benefiting its community through various initiatives. These include hosting Injective games on DEGA, airdrops featuring limited edition elements and characters, ambassador events, tournaments, and X spaces.
DEGA has reactivated its βGreat Benedictionβ program to celebrate this integration. According to details, the program runs from Wednesday, June 26, and will continue until July 3, 2024.
Injectiveβs partnership with DEGA follows its collaboration with Tria, a consumer-first actively validated services (AVS) layer-2 for abstracting gas and unifying liquidity from Web3. Triaβs launch on Injective aims to improve the user experience for dApps and users. Tria’s Unchained technology offers complete gas abstraction and cross-chain liquidity unification, providing users with greater control over payments and assets.
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