The team behind TrustSwap is bringing a decentralized gaming ecosystem to Matic Network. Chain Games believes that Matic Network has the scaling solution they need to empower their ecosystem.
Matic Network continues to grow their ecosystem and proves to be a popular choice for blockchain gaming projects. Chain Games has onboarded to Matic and is now exposed to Ethereum’s huge user base while upholding the performance of their token and product. By doing so, Matic has allowed Chain Games to enable smart contract-based wagering on games in their ecosystem.
About Chain Games
Chain Games aims to build an entire decentralized gaming ecosystem for skill-based game wagering. They have currently one original title live with many more games to come. Chain Games will also have a dApp store for third-party developers to onboard with their games. This will happen in Phase 3 of their development stage. Additionally, they will also transition to their own custom blockchain on Cosmos in this phase.
Chain is the native token of Chain Games and has staking, governance, and deflationary properties. This token is mainly used for entry fees and rewards payouts in the Chain Games ecosystem. The other features are as such:
- 15% of transaction fees collected are distributed automatically to staking wallets.
- 1% of Chain used as transaction fees are burned.
- Holders of Chain are entitled to voting rights on future implementations of the CHAIN marketplace.
- The total supply of Chain is 500,000,000.
Super Crypto Kart
The company’s first title, Super Crypto Kart, is live and ready to play. Super Crypto Kart is a racing kart game that is currently available on Windows, Mac OS, Linux, and soon to be on Android. Players are able to fully customize their karts and also enter into real-time matches with other players.
Players can join race lobbies where they participate using Chain Tokens and earn crypto by winning those races. Winnings are automatically deposited into the winner’s Web3 wallet from Chain Games’ SmartContests™ Gaming Contract.
The company is aiming to release their 2nd title in Q4 this year. This will be a first person-shooter where players can also wager and earn crypto from.
Matic Network is a Layer 2 scaling solution that achieves scale by utilizing sidechains for off-chain computation while ensuring asset security. They strive to solve scalability and usability issues while not compromising on decentralization.
Matic’s Mainnet went live on June 1 this year with staking mechanisms available for their token. Since then, they have continued to onboard many partners and games into their ecosystem.