Meta Apes game launches on Binance Application Sidechain (BAS)

abdelaziz Fathi

Free play-to-earn strategy game, Meta Apes has become the first crypto game to launch on BNB’s new Binance Application Sidechain (BAS) architecture.

Derived from the popular Age of Apes mobile game, Meta Apes was built using Ankr’s blockchain gaming Software Development Kit (SDK). The tech stack enables game studios to provide Web3 and crypto capabilities in their respective games.

Through Meta Apes, Ankr is launching the very first instance of what is known as Binance Smart Chain (BSC). The vendor promises to create an amazing Web3 game experience, from NFTs to in-game marketplace, and multi-chain wallet integrations.

Meta Apes launched on BAS, a sidechain within the ecosystem offers increased flexibility and efficiency for developers. They can port data and assets from BNB Chain, reducing strain on the network’s limited transactional resources. These sidechains will also be application-specific, meaning individual sidechains will focus on specific use cases.

Additionally, the game’s ecosystem encompasses reward token, staking platform, and a wide array of NFT sets. The Meta Apes staking platform allows users to wrap their MAPES tokens and stake them alongside their NFTs to earn extra MAPES and participate in a weekly lottery system.

“Meta Apes was born out of this idea of creating a community-oriented game that offers both audiences something valuable – 1) an opportunity for the traditional gamers to earn & truly own their in-game assets and 2) a much more interactive and enjoyable experience to the blockchain gamers who are primarily looking to earn,” said Taylor Shim, Business Lead at Meta Apes.

She added, “Building on an application-focused sidechain helps us avoid a lot of the common issues seen in blockchain gaming like network congestion and giving us a lot more flexibility in terms of game design & tokenomics.”

In many ways, BAS infrastructure enables developers to build large-scale BSC-based applications with increased throughput and significantly reduced transaction fees. This can be used as an internal value system for many apps, offloading the traffic from BSC Mainnet while remaining connected to the BNB Chain.

Read this next

Industry News

SEC files to take out Ripple’s whole expert testimony in one mega take

Defendants do not object to the motion provided that they be allowed the same page limit for their response in opposition to the motion. 

Digital Assets

Wirex launches crypto loans with LTV of up to 80%

The recent market collapse hasn’t stopped Wirex from pursuing its crypto loan offering allowing users to borrow up to $100,000.

Digital Assets

Chainalysis and Cellebrite to launch integrated solution

As a result of this cooperation, examiners, investigators, analysts, and compliance officers will be able to seamlessly identify illicit cryptocurrency-related activity in a single place as part of their familiar digital investigation workflows.

Executive Moves hires ex-Google Tom Yang for brand building has appointed Tom Yang as Executive Vice President (EVP) to gradually carry out its global brand building and market development.

Digital Assets

What if Ripple loses and XRP is deemed a security?

The outcome of the Veritaseum case could provide guidance to XRP holders looking for answers about what will happen to their assets.

Executive Moves

BestEx Research taps Paul Merolla as General Counsel

He has served as General Counsel at institutional broker Instinet Group and was Associate Counsel at Goldman Sachs.

Industry News

eToro announces termination of SPAC deal amid “circumstances”

“We ended Q2 2022 with approximately 2.7 million funded accounts, an increase of over 12% versus the end of 2021, demonstrating continued customer acquisition and retention rates that have been improving over time. We remain confident in our long-term growth strategy and excited for the future of eToro.”

Digital Assets

EU crypto regulation limits privacy to 1,000-euro threshold

MiCA complements existing AML rules and aims to enhance financial stability and investor protection in Europe.

Retail FX

GKFX Prime adds MT4 and MT5

In April, GKFX launched a proprietary trading platform.