We are happy to announce that YAY Games will be using Avalanche (AVAX), one of the leading cross-chain protocols in the industry.
Leveraging such a major ecosystem as Avalanche, together with its innovative consensus model and technology, will greatly benefit the potential of YAY Games and help expand its GameFi ecosystem.
YAY Games now joins the vibrant and renowned community of projects building on Avalanche. To learn more about the protocol and its advantages, read below or visit their official website.
Building on Avalanche
By building on Avalanche, YAY Games will take its network to a whole new level.
Taking advantage of the speed, high security, and low transaction costs of Avalanche, we can ensure our decentralized gaming marketplace provides the best service possible. Users will be able to trade tokens and non-fungible tokens (NFTs) seamlessly and cost-efficiently.
We are planning to integrate our games into Avalanche’s network. We will move our $YAY token and first product, the YAY prediction games, which should take up to 2 weeks.
By building on Avalanche, we can make our platform more interconnected and cohesive. It will allow our games to create several different blockchains and subnets, helping divide certain parts of their in-game economies within a larger ecosystem.
Furthermore, we also have plans to develop an API that will easily incorporate blockchain technology into traditional games. Although this update will take longer, between 6 to 9 months, it will be possible for YAY Games to act as a vital bridge for game developers looking to adopt blockchain once it is complete.
Avalanche is currently the fastest smart contracts platform in the entire blockchain industry, measured by time-to-finality, and has the most validators of any proof-of-stake protocol.
The highly scalable and interoperable protocol was built for the future of decentralized finance (DeFi) and featured near-instant transactions. Although Avalanche was launched late last year, it already has a great track record in launching highly decentralized applications (dApps), new financial primitives, and interoperable blockchains.
The Avalanche team is composed of highly experienced computer scientists, financial analysts, and law experts. One of its co-founders is Emin Gün Sirer, a veteran computer programmer that has long been involved in the development of Bitcoin.
Ethereum developers can quickly build on Avalanche as Solidity works out-of-the-box.
About YAY Games
YAY is a decentralized gaming marketplace designed for gamers, traders, and farmers that merges the gaming sector with decentralized finance.
YAY, at its core, is a gaming marketplace platform that is introducing multiple games in a decentralized way, utilizing blockchain technology to diminish the gap between games and decentralized finance.
We bring the regular gamer into the blockchain by adding innovative in-game mining mechanics, farming pools, and non-fungible tokens to casual games. Thus, rewarding the user based on the number of games played, achievements accomplished, tournaments, and more.