5TARS.io Shifts to Concordium Blockchain, Expanding Its Web3 Sports Gaming
In Brief
In a significant move, 5TARS.io has revealed its strategy to transition to the Concordium blockchain, taking advantage of its robust infrastructure to host sought-after Web3 games.
Web3 sports gaming platform 5TARS.io announced plans to migrate to Concordium This migration will enable 5TARS.io to utilize Concordium's scalable Layer 1 framework, allowing popular titles like the 5TARS Football game to successfully transition to this new blockchain environment, which will serve as the foundation for future releases.
Borja Burguillos, the Founder & CEO of 5TARS.io, expressed in a formal announcement, 'By moving to Concordium, we'll establish a lasting base from which we can roll out exciting new games that bring joy to our worldwide gaming audience. The opportunity to use established privacy and compliance solutions, in addition to the scalability of Concordium, will not only bolster our current offerings but also push creative limits in the web3 gaming space.'
The flagship 5TARS.io football game has attracted over 250,000 registered users and maintains a vibrant community of 20,000 active players each month. Gamers have participated in more than 1.7 million arenas and engaged in the trading of 45,000 non-fungible tokens (NFTs). The game’s social following has surpassed 200,000 across platforms like X, Telegram, and Discord, with peak activity reaching 45,000 players during Euro 2024.
5TARS.io Set to Utilize Concordium for Improved Privacy, Age Verification, and Geo-Fencing
The migration to Concordium Scheduled for completion by the end of March, this migration will allow 5TARS.io to harness a scalable blockchain infrastructure, which includes essential features like age verification and geo-fencing. Upcoming titles on Concordium include a cricket game aimed at the Indian market, set for a Q3 release, along with the recently launched Starzplay MENA cricket game.
Concordium's infrastructure is designed for exceptional performance and speed, incorporating privacy-centered identity verification and geo-fencing functionalities powered by zero-knowledge proofs. These features are particularly crucial for sectors such as gaming, gambling, and online betting, where adherence to regulations and geographical flexibility are vital for expansion.
5TARS.io has opted to transition from the SKALE Ethereum virtual machine (EVM) chain to Concordium to aid its ambitious growth into various regions, proactively addressing challenges related to scalability, performance, age verification, geo-fencing, and regulatory compliance.
5TARS.io is on a mission to transform sports fandom by leveraging Web3 technology, which empowers fans to have greater ownership of digital assets, including NFTs and in-game currency. By moving to Concordium, the platform will enhance its football and cricket games while gearing up for the introduction of new titles that embrace play-to-earn mechanics.
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