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Open Loot Unveils OL Chain, a Layer-3 Blockchain Built for Gaming Transparency
ChainPlay
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6 hours ago
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Open Loot has introduced the OL Chain, a new Layer-3 app chain aimed at bringing greater transparency, scalability, and performance to blockchain-based gaming.
The platform places every trade, transaction, and player interaction within the Open Loot ecosystem on-chain, offering verifiable transparency for gamers, creators, and partner studios.
Core Features
OL Chain promises lightning-fast transaction speeds, allowing gameplay elements such as item trading and crafting to settle in real time. The network also debuts with minimal costs and zero gas fees for users, reducing friction across its marketplace and partner titles.
Built atop Coinbase’s Base ecosystem, OL Chain connects with an expanding network of developer tools and communities, while inheriting Ethereum’s security guarantees to ensure transactions remain tamper-proof and auditable.
Ecosystem Implications
For players, OL Chain simplifies engagement by removing wallet complexity and gas considerations. Game studios can leverage optional gas sponsorships—covering transaction fees to improve retention and streamline user onboarding.
For holders of Open Loot’s native $OL token, the chain introduces new utility: on-chain activity and transaction volume directly feed back into overall ecosystem value and platform growth.
Commitment to Transparency
All on-chain data can be viewed publicly through the OL Chain Explorer, where early transaction patterns highlight initial onboarding and ecosystem testing. Open Loot said transparency and long-term sustainability are central to the chain’s design.
More technical details, including architecture and roadmap information, are available in the company’s developer documentation.
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