Categories: Payment system news

LAOS Network Announces Partnership With Sequence Following Its Token Listing

LAOS Network, an innovative Layer-1 blockchain designed to enable cost-effective large-scale minting of non-fungible tokens (NFTs), announced today that it has entered a strategic partnership with Sequence and has also been listed on centralized exchanges (MEXC, Bit2Me).

According to the announcement, the LAOS Network utility token will be available for trading on MEXC and bit2me on November 19, 2024. This will allow the global LAOS community to trade on these prominent exchanges.

LAOS Network Partners Sequence

This partnership with Sequence, the all-in-one development platform for integrating Web3 into games, marks a notable milestone for the LAOS network. It propels the network towards achieving its ongoing mission to bridge traditional and blockchain gaming.

Following concerns to address challenges related to high gas fees and network congestion in blockchain gaming, the partnership will see the LAOS network leverage Sequence’s robust Web3 technology stack to deliver a seamless experience with Web3 asset ownership.

Furthermore, thanks to its collaboration with Sequence, developers will be able to easily harness LAOS’s “Bridgeless Minting” to tokenize in-game assets onto any EVM blockchain while keeping minting costs low enough to suit even the high transaction volumes required by Free-2-Play models.

Before this, LAOS has unveiled notable partners that leverage its network to bring scalable minting and on-chain dynamics to the forefront of their gameplay. The LAOS network had previously partnered with MetaverseMe for Free-to-Play blockchain gaming, Netherak Demons in ARPG mechanics (a Sequence gaming partner), The Mines Run, a cyberpunk runner game on Ethereum, and Life’s Meta, an AI-powered social simulator.

Speaking on the latest development, Alun Evans, co-founder of LAOS Network, expressed enthusiasm for the new partnership: 

“Our vision at LAOS Network has always been to empower developers by freeing them to tokenize in-game assets on any blockchain without worrying about cost or scalability issues. Having Sequence as our preferred partner allows us to grow that vision by providing the tools developers need to build dynamic, decentralized games that engage users in new ways. We’re excited to see how the web3 community will leverage this partnership to unlock the potential of blockchain gaming.”

Santiago Gramajo, the Business Development Manager at Sequence, also expressed delight in the partnership, saying, 

“We’re thrilled to partner with LAOS in their mission to create millions of assets across any EVM chain, leveraging Sequence’s battle-tested infrastructure to elevate the web3 gaming landscape….With our laser focus on onboarding, monetizing, and retaining players, Sequence is thrilled to support LAOS as their preferred partner, integrating our Embedded Wallet and a full suite of tools. Together, we’re simplifying the path for web3 adopters, developers, projects, and gamers to build, deploy, and scale within the LAOS ecosystem and beyond.”

While it is on a relentless mission to further advance and expand the blockchain gaming technology, LAOS has revealed plans to extend its Bridgeless Minting technology to minting NFTs at scale directly on Bitcoin without relying on Layer-2 solutions, bridges, or the limitations of existing options like Ordinals, by the end of 2024.

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