China’s Trusted Copyright Chain Partnership Marks New Era in Gaming Industry Development

GalaChain, Through Landmark Shrapnel Partnership, Secures Access to China’s Trusted Copyright Chain

In a groundbreaking development, GalaChain has successfully secured access to the Chinese government’s Trusted Copyright Chain (TCC), marking a significant milestone in the gaming industry. This landmark partnership with Shrapnel and Neon Machine opens up new opportunities for cross-border NFT transfers, empowering users around the world to own, trade, and monetize their digital assets seamlessly.

The strategic collaboration between GalaChain and TCC enables the secure transfer of digital assets across borders, providing a compliant pathway to reach China’s massive gaming market. This alliance will be instrumental in fostering a unified, transparent, and innovative ecosystem without geographical restrictions.

GalaChain, as the global node network, has established itself as a trusted partner for developers and gamers alike with its robust Layer 1 architecture, low fees (gas) of $1 Gala, and seamless integration with AAA games. This partnership further solidifies GalaChain’s position in the gaming sector by providing access to China’s vast digital asset market.

Shrapnel, the first moddable premium shooter game, will be migrating its entire economy from Avalanche to GalaChain, leveraging the latter’s fast finality and gas-efficient infrastructure for instant compliance with Chinese regulations. This move is expected to create a new standard in gaming as players can now own, upgrade, and trade their gear and maps.

In addition, this partnership brings significant benefits for the GalaChain ecosystem. Firstly, it provides an unprecedented economic flywheel effect as Shrapnel assets will be transferred between China and other regions of the world, fueling growth by consuming GALA to operate. Additionally, GalaChain’s on-chain dashboard will monitor and display the usage of GALA in real-time, allowing users to track and participate in this new gaming economy.

Furthermore, the collaboration enables the integration of Shrapnel into the Chinese market, giving content creators the opportunity to build an open, creator-driven economy by activating wallet activations, badge claims, or play-test entries facilitated by Chinese influencers. Each of these actions will consume GALA, update a public on-chain counter, and allow participants to receive rewards.

This historic agreement has been hailed as a game-changer for the gaming industry, empowering developers and players worldwide with unparalleled opportunities.

Source: cryptopotato.com