GAIMIN unveils the World's First L2 Gaming Blockchain on BNB Chain

ZUG, SWITZERLAND, March 12, 2024 – GAIMIN has launched the pioneering L2 blockchain for the gaming community, targeting an innovative integration of Web3 technologies in gaming through BNB Chain in collaboration with MOVEMENT Labs. This initiative aims to address the limitations faced by traditional L1 blockchains, such as slow speeds, high transaction costs, and scalability issues which have hindered the adoption of blockchain in gaming.

The L2 solution leverages BNB Chain's established infrastructure, augmented by MOVEMENT Labs' technology, boosting transaction capabilities to significantly higher speeds, with capabilities reaching up 150k transactions per second (TPS). This development is poised to revolutionize how digital assets, including NFTs, are integrated and owned within games, offering unprecedented advantages in asset retention and cross-game usability for players.

GAIMIN's global decentralized physical infrastructure networks (DePIN) through gaimin.cloud, utilizes PC-based devices for blockchain transaction processing. Martin Speight, GAIMIN's CEO, emphasized that this innovation, powered by gamers through their participation, symbolizes a significant shift towards Web3 for the gaming industry. The collaboration with BNB Chain and MOVEMENT Labs, supported by GAIMIN’s established DePIN, is expected to deliver a transformative breakthrough in gaming blockchain technology.