Solana Labs introduced the beta launch of GameShift, its Web3 service for game developers, in a press launch revealed on Oct. 31.
Davis Hart, Product Lead for GameShift, mentioned:
“Integrating GameShift’s API to handle blockchain complexity under the hood allows developers to dedicate more resources directly to game development … developers can provide a Web2-friendly experience to gamers, easing the common Web3 frictions that can deter user acquisition and engagement.”
The announcement particulars that game developers can use GameShift to mint in-game belongings, and the platform additionally helps the itemizing, buy, and buying and selling of those belongings. These purchases could be carried out “without ever holding crypto,” in accordance with Solana Labs, together with by means of U.S. greenback funds and bank card transactions.
GameShift documentation also suggests that the service gives a self-custodial pockets to gamers, giving these customers full management over their belongings.
Solana Labs added that the service in any other case simplifies issues associated to blockchain, reminiscent of storage, fuel charges, and sensible contract implementation. The API can be utilized with none want for data about blockchain or blockchain coding.
The announcement named three companions who energy the service alongside Solana Labs itself. These companions are the NFT creation device Crossmint, the crypto cost gateway Coinflow, and the non-custody pockets protocol Metakeep.
Solana gained 28% this week
GameShift’s beta arrives alongside distinctive market efficiency for Solana. SOL gained 28.4% over the seven-day interval ending Nov. 1, making it one of many week’s best-performing cash. Bitcoin was up 0.2%, and Ethereum was up 3.5% over that interval.
SOL has additionally gained 75.5% over the previous 30 days, in comparison with Bitcoin’s positive aspects of 24.6% and Ethereum’s positive aspects of 10.5% over that very same interval.
Quite a few elements could have contributed to these worth positive aspects. Vital occasions, reminiscent of FTX’s sale of $57 million price of SOL and Solana’s current confidential transactions improve, may have affected investor sentiment.