The L2 chain game Ancient8 driven by technology ecology
Ancient8 is a chain game guild headquartered in Vietnam, which has built a game-centric, community-driven ecosystem called Ancient8 Chain on the Ethereum Layer 2 network, aiming to accommodate the next 100 million Web3 citizens. With its composability, scalability, and EVM compatibility, Ancient8 allows developers to easily build GameFi programs on its ecosystem, thus creating an open and free Web3 gaming environment.
## What is Ancient8?
Ancient8 Chain is a game-focused, community-driven Ethereum Layer 2, supported by OP Stack and enhanced by Celestia, specifically designed to address the scalability and adoption challenges faced by web3 games and consumer DApps. By leveraging the advantages of Optimism and Celestia, Ancient8 Chain prioritizes speed and cost-effectiveness, providing developers with cutting-edge technology, especially for on-chain game development.
As a Layer 2 network of Ethereum, Ancient8 Chain utilizes the rich resources and strong community foundation of the Ethereum ecosystem while reducing transaction costs and increasing transaction speed through its optimization technology. This allows games and DApps developed on Ancient8 Chain to enjoy the security of Ethereum while avoiding congestion and high gas fees on the Layer 1 network.
The support provided by OP Stack brings high scalability and flexibility to Ancient8 Chain, which is crucial for handling a large number of concurrent requests and complex game logic. The addition of Celestia further enhances its cross-chain communication capabilities and data availability, enabling Ancient8 Chain to interact better with other blockchain ecosystems, providing game developers with more options and possibilities.
Ancient8 Chain pays special attention to the needs of game developers, allowing them to easily deploy their game logic and assets on-chain through a modular design. This design not only lowers the development threshold but also promotes interoperability between games and the prosperity of the ecosystem.
In the current context of rising gas fees and limited transaction speeds, Ancient8 Chain effectively reduces gas fees and increases transaction speeds through its optimization technology. This is crucial for enhancing user experience and attracting more players, especially in gaming scenarios that require frequent interactions and instant feedback.
Ancient8 Chain emphasizes resonance with every participant, allowing both players and builders to feel its unique charm and value. By creating a fair, transparent, and inclusive gaming environment, Ancient8 Chain aims to inspire more innovation and creativity, driving the continuous development of the Web3 gaming ecosystem.
## Advantages of the Ancient8 Ecosystem
The decision to build a Layer 2 on OP Stack stems from the pursuit of creating the best infrastructure for web3 games and consumer DApps. This decision aligns with Optimism's superchain concept, promising scalability and composability. It enables developers to create engaging experiences and ensures users benefit from low-cost transactions. Now, with Celestia adding a layer of depth, the infrastructure is enhanced by strong data availability. This not only means a smoother present but also a future where scalability and diverse systems coexist, opening new possibilities for games and DApps on the Ethereum network.
Modular Design Framework
Ancient8 Chain adopts a modular design, integrating OP Stack and Celestia, operating on a microservices architecture. The modular components of OP Stack cover data availability, ordering, derivation, execution, and governance layers, providing fine-grained control. The introduction of Celestia optimizes blockchain modularity, enabling easy updates and modifications, enhancing the system's flexibility and adaptability. This design ensures seamless integration of on-chain games, exemplified by the smooth transition from testnet V1 to V2.
Scalability and Throughput
Ancient8 Chain utilizes the Optimistic Rollups technology of OP Stack to significantly enhance transaction throughput. The combination of state channels and off-chain computation techniques further boosts scalability, effectively addressing the limitations of the Ethereum mainnet. The platform focuses on reducing gas fees, providing an economical way to participate, and combined with enhanced scalability, makes Ancient8 Chain a multifunctional and user-friendly blockchain platform.
EVM Compatibility
Ancient8 Chain is fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to seamlessly port existing Ethereum projects. This compatibility not only simplifies code migration and infrastructure adaptation but also promotes cross-chain interoperability, strengthening technical synergy with the Ethereum ecosystem. Ancient8 Chain is committed to providing cost-effective transactions and near-instant confirmations, opening the door to blockchain games and applications for a broader user base.
## How Does Ancient8 Work?
Ancient8 is not just a blockchain platform; it is a vibrant gaming ecosystem that integrates a full chain of services from game development to market promotion. Its unique growth layer consists of several key components that collectively lay a solid foundation for the launch, promotion, and success of Web3 native games.
Ancient8 Chain
As the core of this ecosystem, Ancient8 Layer 2 is designed specifically for the gaming sector, featuring fast transactions and affordable interactions to ensure smooth gameplay and maintain high player engagement. This platform deeply understands the needs of gamers, providing an ideal operating environment for Web3 games.
Dojo Market
As a dedicated NFT market for top Web3 game projects, Dojo serves as a bridge connecting game developers with players in Southeast Asia and beyond. It is not only a portal for game releases but also a key platform for establishing important connections and expanding markets.
Space3
As a game publisher and launch platform, Space3 is dedicated to bringing millions of outstanding Web2 and Web3 games to the global market. From game conception to real-world release, Space3 meticulously crafts gaming experiences that attract players worldwide, redefining the way games are enjoyed.
Ancient8 Gaming
As a bridge between gamers and game creators, Ancient8 Gaming provides a global hub for game discovery, local communities, and real-life events. It is both a paradise for players and a growth space for developers, jointly promoting the thriving development of the gaming industry.
ReneVerse
ReneVerse is revolutionizing the gaming industry through boundary-less advertising. Its proprietary engine offers an unparalleled in-game advertising experience, advocating for cross-compatible platforms and innovative forms of in-game advertising. ReneVerse's mission is to unify consumer and gaming experiences, democratizing the gaming industry through advanced blockchain applications.
A8ID
In a decentralized future, A8ID provides users with the opportunity to own their gaming identities and social graphs. It offers plug-and-play scalability, on-chain data analytics, and optimized methods to reach millions of users, providing robust identity verification and social support for every participant in the gaming ecosystem.
## Ancient8 Team and Funding Information
The Ancient8 Chain ecosystem will be built collaboratively and in a decentralized manner by the Ancient8 Collective, a group of core partners composed of top web3 gaming thought leaders dedicated to shaping mainstream adoption of a decentralized world.
In January 2022, Ancient8 raised $4 million in a seed round led by Dragonfly Capital, Pantera Capital, and Hashed. The official statement indicated that the funds would be used to establish a DAO to further build a community around "Play-to-Earn."
In September 2022, Ancient8 completed a new round of funding of $6 million, led by interactive entertainment venture capital firms Makers Fund and C² Ventures, with participation from IOSG Ventures, Pantera Capital, 6th Man Ventures, Folius Ventures, Morningstar Ventures, Th3ia Capital, Sky9 Capital, and Play Ventures. The funds will be used to build software products and develop communities and gaming guilds.
## Ancient8 Token Economics
As the core token of Ancient8, $A8 is an ERC-20 token designed to be the lifeblood of the Ancient8 ecosystem. The total supply cap of the token is 1,000,000,000, designed to ensure high community participation while nurturing a prosperous ecosystem. This framework not only allows for seamless transactions but also incentivizes community involvement.
$A8 plays multiple key roles as the core token of the Ancient8 ecosystem, facilitating participation, innovation, and ownership within the ecosystem, while enhancing user experience and driving value capture through a range of practical application scenarios and incentive mechanisms.
Governance Mechanism: Decentralized governance ensures that $A8 holders and stakers participate in decision-making, shaping future directions and promoting transparency and fairness.
Utility: $A8 serves as a medium of exchange, supporting NFT minting, in-game purchases, and subscriptions to exclusive content, enriching the gaming experience.
Exclusive Access: $A8 holders enjoy access to special events, new product experiences, and customized content, enhancing a sense of belonging and loyalty.
Value Growth: As the ecosystem develops, the value of $A8 continues to rise, providing substantial returns for holders.
Staking Incentives: Staking $A8 earns diverse rewards, including staking points, recognition for contributions, and in-game benefits, allowing flexible choices for incentive methods.
Additionally, by staking $A8, contributors will gain more power and in-game benefits, such as early access to new releases and products. These incentive mechanisms not only promote the circulation and use of the $A8 token but also stimulate the enthusiasm and participation of community members, jointly driving the prosperous development of the Ancient8 ecosystem.
The strategic allocation of the $A8 token is crucial for nurturing a balanced and prosperous ecosystem. Below is the breakdown of the total supply allocation:
Community and Ecosystem: 32% (320,000,000 A8)
Seed Round: 10% (100,000,000 A8)
Private Round: 6% (60,000,000 A8)
Team: 20% (200,000,000 A8)
Advisors: 2% (20,000,000 A8)
Public Allocation: 5% (50,000,000 A8)
Liquidity: 10% (100,000,000 A8)
Treasury: 15% (150,000,000 A8)
