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Plasm And Shiden Partner Up With Largest NFT Content Creator In Japan

June 14, 2021
in Crypto News
Reading Time: 2 mins read
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Plasm And Shiden Partner Up With Largest NFT Content Creator In Japan
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The parent company of Plasm Network and Shiden Network, Stake Technologies, has announced that it is partnering up with the largest NFT content creator in Japan, doublejump.tokyo, to expand the Plasm and Shiden ecosystem through NFTs. 

Partnership To Introduce NFT Into Blockchain Games

Japan’s intense gaming and animation culture is fertile ground for the growth of NFT-based experiences. doublejump.tokyo’s track record in the NFT space includes partnerships with significant IP and game companies. On the other hand, Plasm Network has already developed blockchain games that are the first in the world in terms of DAU and transaction volume. Thanks to the partnership with doublejump.tokyo, Plasm will now be able to deliver high-quality NFT content.

doublejump.tokyo Plans To Enter Polkadot And Kusama Ecosystems

Polkadot and Kusama projects focus on interoperability, through a parachain that offers smart contract functionality to support NFTs. The Plasm Network is a parachain candidate for Polkadot. Plasm’s partnership with doublejump.tokyo could enable the latter to enter the Polkadot ecosystem with low learning cost. Similarly, the Shiden Network is a parachain candidate for Kusama, and could enable doublejump.tokyo’s entry into the Kusama ecosystem. 

Once Shiden Network acquires the Kusama Parachain slot, gaming projects operated by doublejump.tokyo will be able to use Shiden Network. 

Partnership To Scale Up Sustainability And Expansion Efforts

The partnership is also likely to see a more carbon-neutral or even carbon-negative future, as Plasm is working with data centers that only use renewable energy sources. doublejump.tokyo is committed to reducing dependency on Proof of Work (PoW), which is highlighted by this partnership, as Plasm uses a Nominated Proof of Stake (NPoS), which is much more sustainable than PoW. 

Thanks to the scaling solutions and cross-chain bridges provided by Plasm, doublejump.tokyo will be able to scale up its UX improvement and accelerate its multi-chain adoption. 

Additionally, because of Plasm’s dApps Reward mechanism, when dApp nominators stake native tokens (PLM or SDN) in doublejump.tokyo’s smart contracts, both doublejump.tokyo and the nominators will receive a portion of the block award.

About doublejump.tokyo

doublejump.tokyo is an NFT development and blockchain gaming company, established in 2018 They have developed popular blockchain games like “My Crypto Heroes” and “Brave Frontier Heroes”, and also provde the blockchain game development support service “MCH+” and the NFT business support service “NFTPLUS”.

About Plasm Network and Shiden Network

Plasm Network is a multi-chain dApps hub on Polkadot that supports Ethereum and layer 2 solutions like ZK Rollups. Plasm aims to be a multi-chain smart contract platform that will support multiple blockchains and virtual machines like EVM and WASM. Shiden Network is the canary network of Plasm Network. Shiden will connect to Kusama.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Credit: Source link

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