Injective, a Layer-1 blockchain designed for decentralized finance (DeFi) applications, is setting its sights on expanding into the emerging Web3 gaming ecosystem.
On a recent Wednesday, Injective made an exciting announcement regarding its partnership with DEGA, a leading game builder platform that is currently active on Ethereum, Cardano, and BNB Chain. Injective, known for its platform supporting decentralized exchanges (DEXs), prediction markets, and lending protocols, plans to utilize DEGA’s ecosystem to launch its next phase of development in the realm of Web3 gaming.
Through this collaboration with DEGA, game developers will have the ability to swiftly create and release games, marking a new era in the realm of GameFi, as stated by Injective. The Web3 gaming market is experiencing rapid growth, with future estimates projecting an increase from $23.9 billion in 2023 to over $133 billion by 2033.
DEGA CEO Carlos Rene expressed excitement about the shared vision between DEGA and Injective, emphasizing ease of use, financial inclusion, and artificial intelligence. The integration of the two ecosystems is expected to be advantageous for all participants involved.
In addition to making strides in the gaming sector, Injective’s partnership with DEGA will also bring various benefits to the community. These perks include Injective games on DEGA, airdrops (such as limited edition Elements & Characters), ambassador events, tournaments, and X spaces.
DEGA has announced the reactivation of its “Great Benediction” program to celebrate the integration with Injective. The program is set to kick off on Wednesday, June 26, and is scheduled to run until July 3, 2024, as detailed in a blog post.
This collaboration between Injective and DEGA follows another partnership between Injective and Tria, a layer-2 actively validated services (AVS) platform focused on enhancing user experience by abstracting gas and unifying liquidity from Web3. Tria’s Unchained technology enables complete gas abstraction and cross-chain liquidity unification, giving users greater control over payments and assets.