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

Digital Assets

Celsius users consider legal challenge to reorganization plan

A group of creditors from the bankrupt crypto lender Celsius is looking into legal options to challenge the company’s reorganization plan, which they claim unfairly favors certain creditors.

Digital Assets

e-CNY mastermind Yao Qian arrested in corruption probe

The mastermind behind China’s central bank digital currency (CBDC) project is reportedly under scrutiny for suspected “violations of discipline and law,” according to Shanghai Securities News.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: USD Strength, US PCE, Eurozone April 26 ,2024

US inflation data came in hotter than expected, pressuring the Federal Reserve to potentially raise interest rates and causing the US Dollar to rise against the Euro as the Eurozone faces economic uncertainties.

blockdag

BlockDAG Presale Tops $20.7M! Here’s How to Buy BDAG Coins with USDT and Ethereum for Explosive Gains of 30,000x

Early investors are looking at potentially significant returns in its tenth batch at $0.006 per coin.

Retail FX

Exclusive: Prop firm Funded Engineer faces lawsuit from FPFX

Retail trading tech provider FPFX Technologies, LLC (FPFX Tech), has filed a lawsuit against the prop firm Funded Engineer and its associated operatives for alleged breaches of contract.

Market News, Tech and Fundamental, Technical Analysis

USDJPY Technical Analysis Report 26 April, 2024

USDJPY currency pair can be expected to rise further toward the next resistance level 160.00, target price for the completion of the active impulse sequence (C).

Digital Assets

US crypto miner and founders hit with $5.6 million fraud charges

The U.S. Securities and Exchange Commission (SEC) has filed charges against Texas-based cryptocurrency mining and hosting company Geosyn, and its co-founders Caleb Ward and Jeremy McNutt.

Chainwire

BloFin Sponsors TOKEN2049 Dubai and Celebrates the SideEvent: WhalesNight AfterParty 2024

Platinum Spotlight: BloFin dazzles as the top sponsor of TOKEN2049 Dubai, elevating its status with the electrifying WhalesNight AfterParty 2024. Celebrate blockchain innovation and join the night where industry leaders and pioneers connect.

<