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1KIN Labs Launches Layer-2 Blockchain Platform GR1D

1KIN Labs introduces GR1D, a modular Layer-2 blockchain platform designed to simplify access and asset management for web3 gaming, with over 100 partners and unified interoperability.

By Eliza Crichton-Stuart author avatar

By Eliza Crichton-Stuart

Updated June 21st 2024

1KIN Labs Launches GR1D

1KIN Labs has announced GR1D, a new modular Layer-2 blockchain platform. GR1D aims to unify decentralized gaming ecosystems by simplifying access and asset management across all web3 platforms. Jack O’Neil, founder of 1KIN Labs, commented:

“Our journey began with a vision to provide unified tooling to allow full interoperability across chains and titlesGR1D is our answer to these challenges, giving users a straightforward sign-in experience similar to Amazon Prime Gaming or Xbox Game Pass while also bringing the efficiencies of blockchain and distributing value back to stakeholders.”

1KIN Labs Launches GR1D

1KIN Labs Launches Layer-2 blockchain GR1D

More About GR1D

The launch of this new modular Layer-2 blockchain platform comes with the support of over 100 gaming partners, including titles like Aavegotchi, BLOCKLORDS, and Aurory, as well as partnerships with ecosystems such as Polygon, Solana, and Avalanche.

GR1D's primary goal is to allow players to access features through a single platform without needing to switch chains or manage multiple wallets. The platform will be powered by node operators, ensuring a seamless experience across web3. This approach aims to eliminate the need for users to navigate between different ecosystems and handle multiple wallets.

1KIN Labs Launches Layer-2 blockchain GR1D

All Games. All Chains.

Interoperability Protocols

GR1D will use interoperability protocols to simplify the user experience and establish a universal foundation for blockchain compatibility. The network focuses on the interoperability and liquidity of gaming assets to address significant challenges in web3 gaming.

Blockchain game developers can benefit from GR1D's interconnectivity by reaching a broad user base without changing their chosen chain. This allows them to concentrate on developing engaging gameplay experiences. Various chains and protocols can also increase network activity and retain their communities while leveraging GR1D’s network effects.

1KIN Labs Launches GR1D

1KIN Labs Products

GR1D Credits ($GRID) and 1PASS

Stakeholders, including users, game studios, and foundations, are encouraged to participate in GR1D's governance. This participation helps maintain the network's decentralization and acts as a single access point for the entire web3 gaming industry. These features aim to make blockchain gaming more competitive with traditional gaming platforms.

Central to the network's economic structure is GR1D Credits ($GRID), a universal gaming token that facilitates seamless transactions and interactions across different chains. The token generation event for $GRID will be announced soon.

The 1PASS program is set to launch in early August, with the GR1D Testnet scheduled for later in 2024 and the Mainnet expected in 2025. For more information about the company and to stay up to date with their latest news please check the official company social media account on X here.


updated:

June 21st 2024

posted:

June 20th 2024

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