Myria: A GameFi-focused Ethereum L2 scaling platform announces token sale (2024)

Myria, a GameFi-focused Ethereum L2 scaling platform, has announced its new website launch, after nine months of building in stealth. Myria’s 100-strong team of blockchain and gaming experts is developing an expansive ecosystem of blockchain gaming infrastructure. With a vision to enable an unparalleled gaming and trading experience, the team is building Myria, an Ethereum L2 built for gaming and digital assets, a decentralized exchange, marketplace, cryptocurrency wallet, and node network. This suite of infrastructure will underpin Myria Studio’s own blockchain gaming hub and Myriaverse metaverse. Myria will also offer B2B services, developer tools, and grants to enable third-party studios and developers to onboard onto the Myria chain.

The team behind Myria are veterans in the gaming industry, with Co-founder and CTO Andrew Silber, previously from Ubisoft and Activision. Speaking of the inspiration behind Myria, Andrew notes “I strongly believe that blockchain fills a pent-up need in the gaming community for freedom of ownership and the ability to reap tangible benefits from the time and energy invested which simply didn’t exist before with traditional gaming models.”

Myria’s gaming arm, Myria Studios, is forging its own path in blockchain gaming. In Myria’s ecosystem, gamers will be presented with a diverse selection of free-to-play AAA games built for enjoyment. Myria believes through the use of blockchain technology, it can enhance the power of play by creating an ecosystem of interconnected interoperable games and worlds, never before seen in the traditional gaming world. Adopting a play-and-earn model, Myria strives to create thrilling gameplay, and as a bonus, players can earn in the form of NFT collectibles and reward token earnings based on performance rankings.

The world’s first Interoperable Morphing NFTsTM

Myria: A GameFi-focused Ethereum L2 scaling platform announces token sale (1)

Myria is set to revolutionize the blockchain gaming industry with proprietary technology that will allow an unprecedented level of interoperability between games. With Myria’s new standard of interoperable NFTs, players’ blockchain-owned assets can be used across the entire ecosystem. This means players can truly own their digital identities – verifiable ownership is recorded on the blockchain, and any traits, accessories, and prizes they acquire in one game world can be carried across to the next. Each NFT will have utility across Myria’s game worlds and metaverse, and can be equipped to any character, creating tremendous economic value for owners.

In traditional games, players spend billions on in-game items within closed gaming worlds but do not own them and cannot trade them. They are essentially ‘renting’ these digital items for short-term entertainment. Myria’s mission is to be the driving force in shifting ownership of in-game assets to the players and allow them to increase their economic value, or be rewarded with new assets by actively participating in the game.

Myria’s Roadmap

The coming months will mark many notable milestones for Myria, including the launch of their IBCO token sale and Node License sale. Node License owners will receive $MYRIA token and NFT rewards for their contribution to Myria’s decentralized network, be awarded voting rights, and will receive future benefits in Myria’s open metaverse – Myriaverse, to be later revealed.

About Myria Games

Myria: A GameFi-focused Ethereum L2 scaling platform announces token sale (2)

Myria is an expansive ecosystem of blockchain gaming infrastructure. With a vision to create a new standard in blockchain gaming, we are building an Ethereum L2 purpose-built to scale gaming and digital assets, a cryptocurrency wallet, NFT marketplace, decentralized exchange, and node network. This infrastructure underpins our blockchain gaming hub and Myriaverse metaverse.

Within the Myriaverse, players will be able to play a range of blockchain-powered games, build their virtual home, socialize, quest, and much more. We offer a range of interconnected games across different genres, so you can choose what you’re in the mood to play. Although the gameplay in each game is vastly different, characters, storylines, and gaming assets will carry across each world.

Our first four games currently in development are:

Metarush: A multiplayer obstacle course game – Public alpha gameplay is expected to be released within the next two months.

Block Royale: A battle-royale shooter game

Metakart: A go-kart racing game

Starstrike Legends: An objective-based first-person shooter

Myria: A GameFi-focused Ethereum L2 scaling platform announces token sale (3)

Join our online communities at Twitter.com/myriagames and Discord.gg/myria to keep up-to-date on Myria’s exciting developments including NFT drops and upcoming node license sale.

For more information on how to purchase a Myria Node License, visit Myria.com

Contacts

For further information, please contact:

Jem Law, Marketing & Communications

Email: press@myria.com

Disclaimer: This is a paid post and should not be treated as news/advice.

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Myria: A GameFi-focused Ethereum L2 scaling platform announces token sale (2024)

FAQs

Is Myria an Ethereum layer 2 scaling solution? ›

Myria is the backbone of blockchain gaming

Myria's Ethereum L2 scaling solution uses ZK-Rollup to enable dApps to achieve unlimited scale, low transaction fees without sacrificing on security.

What is the best layer 2 Ethereum solution? ›

Polygon. Standing at the forefront of Ethereum layer-2 solutions, Polygon has established itself as a leader in this space. Its ability to offer scalability while ensuring security has made it a go-to platform for developers and projects.

Who are the investors in Myria games? ›

Myria has 12 institutional investors including NGC, Tiny and Kosmos Ventures.

What is the most used ETH L2? ›

Arbitrum dominates the Ethereum L2 world, capturing nearly 50% of the market share. It has by far the highest total value locked (TVL) and monthly transaction data of any EVM scaling solution. It boasts hundreds of the DeFi ecosystem's most popular applications, including Uniswap, 1inch and Beefy Finance.

What is the best Layer 2 scaling solution? ›

We highlight some of the top Layer-2 blockchain protocols that represent the cutting edge in blockchain scalability and efficiency.
  1. Arbitrum. Throughput: 2,000-4,000 TPS. ...
  2. Optimism. Throughput: 2,000 TPS. ...
  3. Lightning Network. Throughput: Up to 1 million TPS. ...
  4. Polygon. ...
  5. Base - Coinbase Layer 2 Network. ...
  6. Dymension. ...
  7. Coti. ...
  8. Manta Network.
Feb 29, 2024

What is the best scaling solution for Ethereum? ›

11 Best Ethereum Layer 2 Solutions for 2024: Technical Overview and Tokenomics
  • ‍Types of Layer 2 Solutions: Optimistic Rollups VS Zero-Knowledge (zk) Rollups. There are more types of L2 scaling solutions, but currently the most popular in use are rollups. ...
  • Arbitrum. ...
  • Optimism. ...
  • Base. ...
  • zkSync Era. ...
  • dYdX v3. ...
  • Mantle. ...
  • Immutable X.
Dec 14, 2023

Which is the best ETH killer? ›

Ethereum inspired many developers to create competing smart contract blockchains. However, only a few ETH killers have become crypto market leaders. Some of the largest "Ethereum Killers" by market cap are Solana, Cardano, Polkadot, Avalanche and Algorand.

Is Ethereum 2 better than Ethereum? ›

Ethereum currently operates on a Proof of Work (PoW) consensus algorithm, which requires significant computational power and energy consumption. In contrast, Ethereum 2.0 will transition to a Proof of Stake (PoS) consensus algorithm, which is more energy-efficient and environmentally friendly.

What are the benefits of Layer 2 Ethereum? ›

L2 chains enable Ethereum to scale by executing transactions off-chain, thereby allowing more transactions per second for lower fees in the entire network. These L2 chains “roll up” several off-chain transactions into single batches, which are published on the Ethereum L1 chain.

Who is the owner of Myria token? ›

Who is the founder of Myria? Jonathan Teoh, Andrew Silber, Brendan Duhamel, Ivan Fortunov, and Moonfrog M are the founders of Myria.

How many projects are currently building on myria? ›

About Myria

Myria has a thriving community of over 500,000 users, and more than 270 blockchain projects are already building on the Myria blockchain. Thanks to ZK technology, users can expect high transaction speeds, 0 gas fees, and free NFT minting.

Who founded myria? ›

Rey Flemings is co-founder and CEO of Myria. In 4 years, Rey bootstrapped off-market services firm, The Blue, from $0 to $16 million of GMV.

What are Ethereum layer 2 tokens? ›

TL;DR: Ethereum Layer-2 blockchains are solutions designed to enhance the scalability of the Ethereum network. They operate on top of the Ethereum blockchain (Layer-1), inheriting its security while striving to provide faster and less costly transactions.

How to use L2 ETH? ›

To use an L2, a user deposits their L1 funds (like, say ether) into the L2 system via what's known as a “bridge.” With their funds on L2, the user can transact. L2s utilize the underlying blockchain, but only minimally, which translates to L2 users paying lower fees.

What are Ethereum layer 2 solutions? ›

— Ethereum Layer 2 solutions are blockchains built with one primary purpose: to provide a faster, cheaper route to executing Ethereum transactions. Ethereum's ecosystem has grown significantly in the last decade — with a surge of decentralized applications (dApps), decentralized finance (DeFi) protocols, and NFTs.

What type of Layer 2 scaling technology does myria utilize? ›

With more validators than any other L1, your project will have a bulletproof backbone of security. Myria's Ethereum L2 scaling solution uses zero-knowledge technology (zk-STARKs), powered by Starkware to “roll-up” or bundle thousands of L2 transactions into one single transaction.

What are Layer 2 scaling solutions? ›

Layer-2 Scaling Solutions. Layer-2 refers to a network or technology that operates on top of an underlying blockchain protocol to improve its scalability and efficiency.

What is Ethereum Layer 2 scaling? ›

”ETH layer-2” is a collective term describing a set of scaling solutions for the Ethereum network. These solutions basically operate as independent blockchains that extend Ethereum, enhancing the overall scalability capabilities of the network by offering higher throughput and significantly lower transaction fees.

What is Myria's primary technology for scaling Ethereum? ›

Myria's Ethereum L2 scaling solution uses zero-knowledge technology (zk-STARKs with StarkEx) to “roll-up” or bundle thousands of L2 transactions into one single transaction.

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