Darewise Entertainment and Horizen Labs Partner to Develop First Metaverseย network Token on Bitcoin
Darewise Entertainment, a subsidiary of Animoca Brands, has joined forces with Horizen Labs to create the first-ever metaverseย network token built on the Bitcoinย (BTC) network. Horizen Labs, a blockchain company, will provide guidance and consulting services for the tokenโs development. This collaboration intendsย to challenge Ethereumโs dominance in the Webย 3.0 and gaming sectors. Animoca Brandsโ co- founder and executive chairman, Yat Siu, believes that high-quality gaming is critical for Bitcoinโs mass adoption and considers this partnership a pivotal moment for the digitalย currency. Nonetheless, skeptics question whether Bitcoinโs existing infrastructure can handle complex transactions required for gaming in the metaverse.
Horizen Labs to Offer Technical Expertise
Horizen Labs, known for its expertise in zero-knowledge cryptography, will offer technical and consultation services for the project. Robert Viglione, CEO of Horizen Labs, expressed excitement about collaborating with Darewise and Animoca Brands due to their long-standing relationship with Bitcoin. Althoughย while ambitious, this partnership must demonstrate the viability and growth probable of a Bitcoinย (BTC) gaming ecosystem.
Testing Bitcoinโs Probable in a Changing Digital World
Vincent Marty, chief product officer at Darewise Entertainment, stated that they are testing Bitcoinโs probable in an ever-evolving digital landscape. In the upcoming months, they intendย to unveil technological advancements that will impact not only Life Beyond but likewise metaverses and games worldwide.
Hot Take: Bitcoinโs Entry into the Metaverse
The partnership between Darewise Entertainment and Horizen Labs marks an important step in bringing Bitcoinย (BTC) into the metaverseย network. By creating the first metaverseย network token on the Bitcoinย (BTC) network, they intendย to challenge Ethereumโs dominance in the space. Althoughย while some question Bitcoinโs infrastructure capabilities, this collaboration will test the cryptocurrencyโs probable in the gaming industry. As high-quality gaming becomes increasingly vital for mass adoption, this partnership could pave the way for Bitcoinโs integration into the evolving digital world.
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