SKALE Network, an EVM-compatible and gasless blockchain, has achieved a milestone of 17 million unique active wallets (UAW) in the first quarter, as reported by SKALE Labs, the project’s team. Additionally, the report highlights that SKALE users benefited from savings of $3.1 billion in gas fees during Q1. This figure is in stark contrast to BNB Chain and AVAX, which collectively charged over $330 million in fees in March alone.
Furthermore, SKALE witnessed significant growth in Q1 with over 70 projects and integrations adopting its technology. Collaborations with entities such as ChainGPT, TCG, Dmail, and NFT Arcade have contributed to this expansion.
Jack O’Holleran, CEO and co-founder of SKALE Labs, emphasized the transformative impact of SKALE’s gasless approach on Ethereum developers. By eliminating gas fees and offering instant finality, SKALE enables developers to leverage blockchain in a more meaningful and impactful manner. O’Holleran stressed that SKALE’s gas-free model empowers developers to prioritize accessibility and user experience while adhering to Web3 core principles. The network witnesses millions of users initiating over a million transactions daily, with hundreds of projects and businesses building on SKALE.
At this year’s Game Developers Conference (GDC), SKALE announced $2 million in grants, to be disbursed in the protocol’s native token, for projects seeking to develop new games using their infrastructure. O’Holleran expressed his belief that blockchain gaming has the potential to revolutionize the industry, offering unique gameplay experiences, enhanced monetization models, and true ownership of in-game assets. He anticipates that games released now could set a new standard in the sector by leveraging AppChain technology to push the boundaries of what’s achievable in blockchain gaming.
Source: tradingview.com
