Open Loot Debuts Layer-3 Blockchain to Boost Transparency in Gaming
Open Loot, a developer targeted on blockchain-based gaming infrastructure, has launched the OL Chain, a custom-built Layer-3 community designed to make in-game transactions sooner, cheaper, and publicly verifiable.
The corporate stated OL Chain will file each commerce, buy, and interplay throughout its ecosystem instantly on-chain, aiming to enhance transparency for each gamers and accomplice studios.
Pace and Scale
OL Chain seeks to handle one of many foremost friction factors in blockchain gaming: transaction latency and gasoline prices. In line with Open Loot, transactions on OL Chain settle in actual time and can initially carry zero gasoline charges, decreasing limitations for first-time customers.
The brand new community additionally inherits Ethereum’s safety mannequin whereas providing non-obligatory “gasoline sponsorships,” permitting builders to pay community charges on behalf of gamers—an incentive the corporate believes will enhance consumer retention and engagement.
Utility for Token Holders
The chain’s launch expands the use case for Open Loot’s native token, $OL, by linking platform exercise and transaction quantity to token demand and broader ecosystem worth.
“OL Chain was constructed to make blockchain gaming really feel invisible to the participant,” the corporate stated in an announcement. “We would like the advantages of transparency and possession with out the friction that’s outlined most Web3 experiences.”
Transparency and Oversight
Exercise on OL Chain may be tracked via the general public explorer, which shows pockets distributions, transaction historical past, and community efficiency information. Early exercise displays inside testing and onboarding forward of wider studio integrations.
The launch is a part of Open Loot’s push to increase its gaming ecosystem past a single market right into a multi-studio infrastructure layer. Extra technical documentation and roadmap particulars can be found on the corporate’s developer wiki.
