Injective eyes expansion into Web3 gaming through significant partnership
Injective, a Layer-1 blockchain that is focused on decentralized finance (DeFi) applications, is now looking to expand into the emerging Web3 gaming space.
Recently, Injective announced a new partnership with DEGA, a leading game builder platform that is already active on Ethereum, Cardano, and BNB Chain. Injective, known for its platform supporting decentralized exchanges (DEXs), prediction markets, and lending protocols, will utilize DEGA’s ecosystem to launch its next phase of development within the Web3 gaming sector.
Through this collaboration with DEGA, game developers will have the opportunity to swiftly create and release games, marking a new chapter in the GameFi era, as per Injective’s perspective. The Web3 gaming market is experiencing rapid growth, with future forecasts predicting an increase from $23.9 billion in 2023 to surpass $133 billion by 2033.
DEGA CEO Carlos Rene expressed excitement about the shared vision of simplicity, financial inclusivity, and artificial intelligence between DEGA and Injective. He believes that this integration will bring benefits to all participants within their respective ecosystems.
Apart from venturing into gaming, the partnership will also bring various community initiatives for Injective users. These include Injective games on DEGA, airdrops like limited edition Elements & Characters, ambassador events, tournaments, and X spaces.
DEGA has announced the revival of its “Great Benediction” program to celebrate the collaboration, beginning on Wednesday, June 26, and expected to continue until July 3, 2024.
This partnership with DEGA follows Injective’s recent collaboration with Tria, a consumer-centric actively validated services (AVS) layer-2 that abstracts gas fees and consolidates liquidity from Web3. Tria’s integration with Injective aims to enhance the user experience for dApps and users, offering complete gas abstraction and cross-chain liquidity unification through Tria’s Unchained technology, granting users more autonomy over their payments and assets.
