Ancient8 (A8): Pioneering Web3 Gaming and the Metaverse
What is Ancient8 (A8)?
Ancient8 (A8) is a Web3 gaming infrastructure protocol that offers the necessary software and community tools for GameFi and the broader Metaverse. It aims to empower the next generation of Metaverse citizens by providing tools and infrastructure that facilitate blockchain gaming and Web3 development. Ancient8 is focused on creating an inclusive and rewarding gaming environment by using blockchain technology.
Ancient8’s vision is to empower the next 100 million Metaverse citizens. This vision has been the driving force behind its growth from a gaming guild to a comprehensive gaming infrastructure. By building a modular blockchain that prioritizes scalability, low gas fees, and exceptional user experiences, Ancient8 is setting the stage for mass adoption of Web3 gaming.
Who Created Ancient8 (A8)?
Ancient8 was co-founded by Howard Xu and a team of visionary leaders in the blockchain and gaming sectors.
What VCs Back Ancient8 (A8)?
Ancient8 has received significant support from various venture capital firms and investors. The organization has raised a total of $10 million in financing by prominent investors such as Pantera, Makers Fund, Dragonfly Capital, Animoca Brands, 6th Man Ventures, IOSG Ventures, Folius Ventures, and Morningstar Ventures, etc.
How Ancient8 (A8) Works
Ancient8 operates on several fronts, providing infrastructure, community tools, and educational resources to facilitate the growth of GameFi and the Metaverse. Here’s a closer look at the key components of Ancient8.
Ancient8 Chain
Ancient8 Chain is a Layer 2 blockchain built on the OP Stack and enhanced with Celestia, specifically tailored to address the scalability and adoption challenges faced by Web3 gaming and consumer DApps. The chain's key features include a modular design that uses a microservices architecture, allowing for seamless integration and updates. It leverages Optimistic Rollups and state channels to enhance transaction throughput and reduce congestion, ensuring scalability and throughput. The chain also maintains EVM compatibility, allowing smart contracts written for Ethereum to be executed without major modifications. Additionally, it prioritizes low gas fees, making transactions more affordable and facilitating user engagement with blockchain-based games and applications.
Growth Layer Suite
Ancient8 offers a comprehensive Growth Layer suite of products designed to support every stage of game development and marketing. This suite includes:
● Dojo Marketplace: A dedicated NFT marketplace for top-tier Web3 game projects.
● Space3: A game publisher and launchpad that helps bring Web2 and Web3 games to market.
● Ancient8 Gaming: A global hub for game discovery, community building, and in-real-life events.
● ReneVerse: Provides innovative in-game advertising through its proprietary Borderless Ads engine.
● A8ID: Allows users to own their gaming identity and social graph in a decentralized manner.
Community and Education
Ancient8 has built a vibrant community of over 200,000 members, providing GameFi education through various platforms like the Ancient8 Blog, Twitter, Discord, and the Ancient8 Research Portal. This community-centric approach helps in spreading blockchain knowledge and creating an engaged user base.
Ancient8 also manages the largest blockchain gaming guild in Vietnam, with over 3,500 scholars using its guild management software. The organization has partnered with more than 25 top-tier GameFi projects, including Axie Infinity, CyBall, Phantom Galaxies, and many others. These partnerships help Ancient8 provide scholarships and educational opportunities to blockchain gamers worldwide.
Decentralized Governance and The Ancient8 Foundation
Ancient8 operates under a decentralized governance model, giving decision-making power to its community. Through token-based voting, token holders can propose and vote on important decisions that shape the future of the ecosystem. The A8 token is central to the Ancient8 ecosystem, offering a range of utilities, including participation in decentralized governance.
The Ancient8 Foundation, a collaborative effort involving core partners and thought leaders in the Web3 gaming space, focuses on fostering adoption of Ancient8 Chain and its decentralized governance. Key initiatives include supporting talented developers through grants, building alliances to strengthen the ecosystem, deciding how resources are allocated, and influencing the direction of products and services.
The A8 Token
A8 is the native token of the Ancient8 Protocol. Besides granting holders the power of governance, A8 allows users to take part in various in-game purchases, and NFT minting. It also provides exclusive access to special events, early releases, and product-specific content, as well as rewards and benefits to stakers, such as premium in-game perks and prioritized launch access.
A8 Goes Live on Bitget
With strong backing from leading venture capital firms and a dedicated team of visionaries, Ancient8 is well-positioned to drive mainstream adoption of Web3 gaming. With A8, you gain access to exclusive events, in-game transactions, and the ability to influence the future of the Ancient8 Chain.
By trading A8 on Bitget, you can be part of a vibrant ecosystem that emphasizes decentralized governance, innovative gaming experiences, and community-driven growth.
Join Bitget now and start trading A8 to participate in this growing protocol.
How to Trade A8 on Bitget
Listing time: 17 July 2024
Step 1: Go to A8USDT spot trading page
Step 2: Enter the amount and the type of order, then click Buy/Sell
Trade A8 on Bitget now!
Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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