5TARS.io Adopts Concordium Blockchain to Boost | NFT News
SNEAK PEEK
- 5TARS.io is migrating to the Concordium blockchain to scale its Web3 sports activities gaming platform.
- The migration goals to improve scalability, privateness, and compliance for present and future Web3 video games like 5TARS Football.
- New sport releases, together with a cricket sport for India and a MENA cricket title, will launch on Concordium’s high-performance infrastructure.
Dubai-based Web3 sports activities gaming platform 5TARS.io has introduced that it’ll migrate its gaming ecosystem to the Concordium blockchain, a transfer designed to improve the scalability, privateness, and compliance of its platform. This migration will be certain that 5TARS.io can proceed delivering a seamless expertise for its growing consumer base whereas introducing thrilling new video games.
5TARS Football, the platform’s flagship sport, has skilled spectacular growth since its launch. With over 250,000 registered customers and 20,000 month-to-month energetic gamers, the sport has achieved main milestones, similar to over 1.7 million arenas joined and 45,000 NFTs traded. During high-profile occasions like Euro 2024, the sport noticed peak exercise with 45,000 energetic gamers without delay. As half of the migration to Concordium, 5TARS Football will benefit from improved scalability and efficiency, enabling the sport to cater to its increasing consumer base.
The migration course of is anticipated to be accomplished by late March, and as soon as finalized, 5TARS.io shall be ready to take benefit of Concordium’s Layer 1 blockchain infrastructure. This consists of highly effective options similar to age verification and geo-fencing, that are important for 5TARS.io’s international enlargement into new areas. As half of this transition, 5TARS.io will even launch a cricket sport for India, slated for Q3, alongside the present Starzplay MENA cricket sport, which debuted on Concordium final month.
Concordium’s blockchain is designed for high throughput and optimum efficiency, with an added give attention to privateness and identification verification by way of zero-knowledge proofs. These instruments are important for making certain compliance in industries like gaming, playing, and online betting, making Concordium an preferrred resolution for 5TARS.io’s increasing international presence. The enhanced privateness and security supplied by Concordium will present the required infrastructure to handle consumer interactions in a secure and compliant setting.
Borja Burguillos, Founder & CEO of 5TARS.io, expressed his enthusiasm in regards to the migration:
Migrating to Concordium will present us with a everlasting home the place we will launch revolutionary video games that may delight and entertain our international gaming group. The capacity to faucet into ready-made options for privateness and compliance, coupled with the scalability that Concordium offers, will improve our present releases and push the boundaries of what might be created within Web3 gaming.
Mike Milner, Chief Commercial Officer of Concordium, added,
We’re thrilled to assist 5TARS.io on their journey by offering them with the infrastructure and tooling to create best-in-class Web3 video games. Their give attention to participant possession and fan engagement aligns completely with our imaginative and prescient for the long run of decentralized purposes.
As 5TARS.io continues to redefine the sports activities gaming panorama, the migration to Concordium strengthens its place within the Web3 gaming space. With the upcoming releases and enlargement into new areas, 5TARS.io stays dedicated to giving followers an revolutionary platform the place they will work together with sports activities in fully new methods—by way of Non-Fungible Tokens (NFTs) and play-compete-earn mechanics.
The post 5TARS.io Adopts Concordium Blockchain to Boost Web3 Sports Gaming appeared first on Today NFT News.
5TARS.io Adopts Concordium Blockchain to Boost | NFT News
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