- October 3, 2023
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
South Korean gaming giant Wemade (WEMIX) will use Chainlink’s (LINK) Cross-Chain Interoperability Protocol (CCIP) to power an interoperable Web3 gaming ecosystem.
According to an Oct. 3 statement, Wemade will power its Unagi omnichain ecosystem with Chainlink CCIP. The Unbound Networking & Accelerating Growth Initiative (UNAGI) is Wemix’s initiative to build a unified ecosystem by integrating and facilitating seamless interactions between blockchains to boost their adoption.
Currently, unagi supports 8 major blockchains, including Ethereum (ETH), Polygon (MATIC), Arbitrum (ARB), BNB Smart Chain, Optimism (OP), and Avalanche (AVAX), amongst others.
Wemade’s choice of Chainlink’s CCIP stems from the protocol’s robust security measures, a response to the rising threats facing cross-chain protocols. This security is underpinned by the Risk Management Network, which maintains continuous vigilance over potential illicit cross-chain activities.
This collaboration will grant exclusive authority to Chainlink’s CCIP, empowering Unagi as a cornerstone within the omnichain initiative. Consequently, the CCIP will play a pivotal role in constructing the omnichain protocol, integrating both on-chain and off-chain functionalities.
Chainlink becomes a COURT member
Besides that, Wemade also revealed that Chainlink Labs has become the first official member of its Certified Organizations for Unagi Round Table (COURT) group.
COURT is a consortium committed to the research, development, and innovation of an omnichain ecosystem.
Chainlink will collaborate with Wemade to develop cross-chain systems connecting multiple blockchain networks. Subsequently, this system would be used for easy communication as well as secure transfer of assets between blockchains.
Partnership to boost web3 gaming
Speaking on the partnership, Wemade CEO Henry Chang disclosed that both companies have a shared vision for the on-chain future. He added that both companies aim to accelerate the expansion of a more connected, CCIP-powered Web3 gaming landscape.
Chang said:
“Wemade and Chainlink Labs share an ambitious goal—leveraging Chainlink CCIP to connect disparate blockchains and create an interoperable Web3 ecosystem for games and other on-chain applications.”
Sergey Nazarov, Chainlink’s co-founder, expressed excitement to help grow the adoption of Web3 gaming. He furthered that:
“The seamless interoperability provided by Chainlink CCIP will unlock a new era of cross-chain gameplay.”
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