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AAG Ventures will be the first play to earn (p2e) game project to be implemented on the Harmony blockchain. This will allow the creators of a blockchain game with a plot of token earnings to gain access to a special fund of $ 300 million.
Harmony developers have provided funding to spur the development of an ecosystem designed to scale the Ethereum blockchain.
AAG Ventures will spend a portion of the $ 12.5 million raised in its recent funding round to adapt the game. The startup plans to create a marketplace on the Harmony blockchain for the exchange and trade of game tokens and NFTs, given the low cost of commissions and high transaction speed.
AAG Ventures users will also have access to the Horizon Bridge, which securely transfers tokens across the Ethereum and Binance Smart Chain. The funding received by AAG Ventures from Harmony will go towards additional rewards in the p2e economy model.
The developers of Celer Network, a second-tier solution for scaling the Ethereum blockchain, have expanded the capabilities of the ecosystem by opening users access to the Boba Network. This platform is a similar add-on associated with ETH blocks by the Optimistic rollups technology.
Expanding horizontally, by combining second layer protocols using a single multi-chain structure, is part of the Celer Network strategy. The cBridge 2.0 bridge created by the developers includes the networks: Arbitrum, Optimism and Polygon.
This gives the user the opportunity to choose a larger number of DeFi projects that are just starting to move to the second tier from the fee-intensive Ethereum blockchain. On the other hand, cBridge 2.0 opens up the possibility for investors to vertically integrate their finances in competing systems: Avalanche, Binance Smart Chain and Fantom.
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