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Solana (Sol) Pumps 22% As Solana Labs Unveils “GameShift”

November 2, 2023
in Blockchain
Reading Time: 3 mins read
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Solana (Sol) Pumps 22% As Solana Labs Unveils “GameShift”
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Solana Labs successfully launched GameShift to allow game developers to easily integrate crypto tokens in game projects.

Solana Labs is the developer team behind the popular Proof-of-Stake (PoS) consensus-based Solana crypto network. Sol is the native coin of the Solana network. In the last 24 hours, the trade price of Sol coin surged 22% following the beta launch of the GameShift project.

On the evening of 31 Oct 2023, Solana Labs announced the successful launch of GameShift but in the beta phase. That means GameShift is available to use but it may have some glitches that will be fixed after use & reviews by the game developers.

GameShift allows game developers to mint in-game tokens without crypto or Blockchain coding efforts. In short, game developers will be able to integrate the Crypto or non-crypto tokens with their game projects directly without any additional coding efforts.

1/ Big news, Game Builders: GameShift Beta is live! Level up your game with Web3 assets, no blockchain coding required. Everything you need through a single API. Let’s deep dive! pic.twitter.com/REv3wDs0VL

— Solana Labs (@solanalabs) October 31, 2023

It will bring opportunities for the game developers as well as for the game players because of the value of gaming tokens. 

According to Solana Labs, GameShift will provide an opportunity for game developers to complete their game asset tokenization within hours with the help of its API system, which usually requires months for the developers to do it manually. 

Interestingly cryptocurrency use will not be mandatory for the game developers as well as gamers to buy, sell, and trade the minted game token. They will be free to use card payments in US dollars. 

5/ Gameshift is set to elevate every game
– Solana Games: Build a new game or add new functions faster and simplify onboarding for your players
– Web3 Games: Embrace Solana’s advantages without mastering Rust
– Web2 Games: Integrate game assets without crypto or blockchain coding

— Solana Labs (@solanalabs) October 31, 2023

Solana Smartphones

In the middle of 2022, Vibhu Norby founded Solana Spaces and also established offline Solana stores in New York & Miami. The main vision of those stores was to grab the attention of crypto & techy people in the offline world & increase the sale of Solana’s crypto features-focused smartphones called “Saga mobile”.

In Feb of this year, Solana Spaces announced the closure of their physical offline stores and confirmed that they failed to grab that level of attraction for what they expected.

The following is a note from our founder, @vibhu.

Dear @solanaspaces community,

We’ve made the difficult decision to sunset our stores in NYC and Miami by the end of February, and to pivot our Solana onboarding efforts into digital products like DRiP, our free NFT product with…

— DRiP @ Breakpoint (@drip_haus) February 21, 2023

Read also: Invesco and Galaxy’s spot Bitcoin spot ETF joins BlackRock on clearing house’s site


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