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Playbux Revolutionizes Gaming Blockchain with Zero-Fee Layer-1 Solution
Playbux, a platform dedicated to empowering Web 3.0 with entertainment, is set to launch a zero-fee, AI-powered layer-1 (L1) gaming blockchain, aiming to solidify its position in the gaming universe. This new L1 blockchain is designed to reduce transaction costs by offering users tailored products that match their individual preferences. Initially launched on the Binance Smart Chain (BNB), Playbux is set to elevate its capabilities and expand its reach through the introduction of this new layer.
The platform has cleverly merged e-commerce with blockchain technology to cultivate a vibrant virtual community. This community benefits from a wide range of services including Shop to Earn, Walk to Earn, Watch to Earn, and Play to Earn. Since its inception, Playbux has achieved early success, emerging as a prominent platform on the BNB chain and boasting a significant number of Unique Active Wallets.
Playbux has also made significant inroads into the NFT space with its Early Bird Collection. This collection has amassed a trading volume of over 1600 BNB on Opensea, ultimately securing the top spot as the number one trending collection on the platform, with over 45,000 holders. The platform’s performance in generating volume has been exceptional, attracting over 640,000 unique users and facilitating over 18.5 million transactions.
Despite these successes, Playbux has identified gas fees and lack of user optimization as barriers to mainstream adoption in the industry. The introduction of the L1 blockchain is expected to address these issues. The new blockchain will allow users to transact without incurring gas fees, improving the overall user experience by increasing app-to-game speed and providing a smoother user experience.
The most interesting aspect of this project is the integration of artificial intelligence (AI). Playbux has been testing its AI engine for a considerable period of time, achieving impressive results, including onboarding over 70,000 new users and achieving high retention rates.
Speaking about the launch and its potential impact, Sarun Vichayabhai, CEO of Playbux, said that this strategic milestone marks the beginning of an exciting journey to revolutionize the blockchain gaming industry with their innovative AI-powered zero-gas L1 solution.
If Playbux delivers on its promises, this improvement is expected to make on-chain gaming more convenient and enriching, thus encouraging wider participation. The AI-based L1 solution is expected to attract a wider audience by making transactions seamless and reducing associated costs, which have been a significant barrier for many users.
This strategic move by Playbux is not just a technical upgrade, but a comprehensive effort to reshape the gaming blockchain landscape. By integrating AI to optimize user experience and eliminating transaction fees, Playbux aims to create a more inclusive and user-friendly environment. This development could potentially set a new standard in the industry, encouraging other platforms to adopt similar innovations.
Playbux’s efforts to merge entertainment and advanced technology highlight its commitment to remain at the forefront of the gaming blockchain industry. The platform’s continued innovation and expansion into AI-based solutions underscore its mission to provide a superior, convenient and enjoyable experience for all users.
As Playbux moves forward with this launch, the gaming community and blockchain enthusiasts will be watching closely to see how these advancements develop and impact the broader market. The success of this AI-powered, zero-fee L1 blockchain could signal a significant shift in the way blockchain gaming operates, ushering in a new era of digital entertainment and virtual community engagement.