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@lighter_xyz states: on-chain order books have been impractical due to high gas fees and scalability problems.
Meanwhile, AMMs appear to be plagued by capital inefficiency, vulnerability to sandwich attacks and impermanent loss, as well as the inability to price non-spot assets.
With the new L2 scaling solution such as Arbitrum.
Market makers can enjoy an experience similar to traditional order book exchanges,
as the negligible fees and instant finality offered by L2 scaling will eliminate previous issues.
Crypto market now needs a hook to get more new users.
#GameFi will be the next key catalyst for onboarding the next millions of gamers into web3.
Here are reasons why I'm convinced it will be the next narrative of 2023.
π§΅
2/
In this thread, we will cover:
1β£ Immutable x Polygon to launch 3 games
2β£ Polygon, a go-to ecosystem for GameFi
3β£ Fundraising and a triple-A game
4β£ ERC4337 mainnet
5β£ $ARB and $ID token airdrop hype
3/
Polygon x Immutable to launch a zkEVM-compatible layer 2 for gaming and there are 3 games on it:
β‘ @playmetalcore: an open world game with +$15M raised money
β‘ @shardbound_game: a multiplayer tactics game
β‘ Infinite Victory: a game connecting sports to blockchain
zkSync is an L2 scaling solution that reduces cost and speeds up transactions while still inheriting the @ethereum security and finality by using ZK Rollups technology.
Vitalik once said that ZK Rollup is a technology that will do much better than OR.
What does zkSync offer?
β’ Transaction fees are 50 times lower than the main network on Ethereum.
β’ Friendly with smart contracts.
β’ Protected over 5 million transactions.
β’ Up to 2000 TPS.