Playnance, a prominent player in web3 gaming, has introduced PlayBlock, a revolutionary Layer-3 ecosystem powered by Arbitrum Orbit, hosted on Gelato’s Rollup-as-a-Service (RaaS) Platform. PlayBlock aims to revolutionize the gaming landscape by onboarding thousands of daily active users to its array of web3 games, from decentralized trading to sports and arcade. With its official mainnet launch scheduled for early April, PlayBlock promises to simplify the gaming experience by eliminating traditional blockchain complexities such as gas fees. By providing developers with white-labeling opportunities and seamless integrations, PlayBlock is set to propel the wave of web3 mass adoption, offering a universal profile for players to carry their identity and achievements seamlessly across various games. Developed using Arbitrum Nitro's rollup technology and leveraging Gelato’s suite of web3 services, PlayBlock ensures enhanced transparency, fairness, and ownership of in-game assets, ushering in a new era of web3 gaming innovation.

Utilizing Arbitrum Anytrust technology, the newly launched PlayBlock chain achieves impressive results with a 250ms block time and near-instant finality, enabling it to process thousands of transactions per second. To ensure a seamless user experience, PlayBlock introduces the PBG token, leveraging Orbit’s gas token feature, thereby guaranteeing zero-gas transactions. Furthermore, the platform introduces its stablecoin, USDP, aimed at stabilizing rewards payouts and enhancing the overall gamer experience by pegging them to the dollar.

The Layer-3 chain abstracts away the need for users to pay gas fees, facilitating persistent, session-based, gasless gameplay through sponsored transactions via Gelato’s integrated Relayer. This integration eliminates the hassle of frequent wallet confirmations and transaction approvals, ensuring uninterrupted gaming experiences. Additionally, PlayBlock introduces the PlayWall wallet, a dedicated self-custodial native wallet based on ERC-4337. The PlayWall wallet aims to streamline onboarding processes by offering seamless social login and account creation.

Hilmar Orth, Founder of Gelato, expressed enthusiasm about the collaboration with Playnance, emphasizing the development of a fully-serviced rollup infrastructure tailored to support thousands of games and millions of users, allowing Playnance to focus on its core business while ensuring rapid growth and scalability.

In the future, Playnance plans to transition towards a multi-chain approach on Arbitrum Orbit under the guidance of the Gelato RaaS team. This strategic shift aims to establish multiple interconnected PlayBlock Layer-3 chains to achieve limitless scalability and accommodate a vast economy of gamers. The transition will involve implementing a shared sequencer to facilitate seamless cross-chain interoperability.

About Playnance:

The Playnance ecosystem prioritizes players by seamlessly transitioning them from traditional web2 iGaming experiences to the transparent, trustless world of Web3 GameFi. Leveraging advanced blockchain technology, Playnance offers features such as social login, self-custody solutions, and a one-click crypto bridging mechanism. Currently, the ecosystem processes over 200,000 transactions daily, amounting to more than $450 million in payouts. Its flagship product, the plug-and-play P2P trading game UPVSDOWN, stands as the leading Polygon iGaming app based on transaction volume.