Open Loot debuts OL Chain, a Layer-3 gaming network offering real-time transactions, zero gas fees, and on-chain transparency to power Web3 gameplay.Open Loot debuts OL Chain, a Layer-3 gaming network offering real-time transactions, zero gas fees, and on-chain transparency to power Web3 gameplay.

Open Loot Debuts Layer-3 Blockchain to Boost Transparency in Gaming

gaming-platform main

Open Loot, a developer focused on blockchain-based gaming infrastructure, has launched the OL Chain, a custom-built Layer-3 network designed to make in-game transactions faster, cheaper, and publicly verifiable.

The company said OL Chain will record every trade, purchase, and interaction across its ecosystem directly on-chain, aiming to improve transparency for both players and partner studios.

Speed and Scale

OL Chain seeks to address one of the main friction points in blockchain gaming: transaction latency and gas costs. According to Open Loot, transactions on OL Chain settle in real time and will initially carry zero gas fees, lowering barriers for first-time users.

The new network also inherits Ethereum’s security model while offering optional “gas sponsorships,” allowing developers to pay network fees on behalf of players—an incentive the company believes will improve user retention and engagement.

Utility for Token Holders

The chain’s launch expands the use case for Open Loot’s native token, $OL, by linking platform activity and transaction volume to token demand and broader ecosystem value.

“OL Chain was built to make blockchain gaming feel invisible to the player,” the company said in a statement. “We want the benefits of transparency and ownership without the friction that’s defined most Web3 experiences.”

Transparency and Oversight

Activity on OL Chain can be tracked through the public explorer, which displays wallet distributions, transaction history, and network performance data. Early activity reflects internal testing and onboarding ahead of wider studio integrations.

The launch is part of Open Loot’s push to expand its gaming ecosystem beyond a single marketplace into a multi-studio infrastructure layer. Additional technical documentation and roadmap details are available on the company’s developer wiki.

Market Opportunity
OpenLedger Logo
OpenLedger Price(OPEN)
$0.16555
$0.16555$0.16555
-7.84%
USD
OpenLedger (OPEN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

USD/INR opens flat on hopes of RBI’s follow-through intervention

USD/INR opens flat on hopes of RBI’s follow-through intervention

The post USD/INR opens flat on hopes of RBI’s follow-through intervention appeared on BitcoinEthereumNews.com. The Indian Rupee (INR) opens on a flat note against
Share
BitcoinEthereumNews2025/12/18 13:33
A Netflix ‘KPop Demon Hunters’ Short Film Has Been Rated For Release

A Netflix ‘KPop Demon Hunters’ Short Film Has Been Rated For Release

The post A Netflix ‘KPop Demon Hunters’ Short Film Has Been Rated For Release appeared on BitcoinEthereumNews.com. KPop Demon Hunters Netflix Everyone has wondered what may be the next step for KPop Demon Hunters as an IP, given its record-breaking success on Netflix. Now, the answer may be something exactly no one predicted. According to a new filing with the MPA, something called Debut: A KPop Demon Hunters Story has been rated PG by the ratings body. It’s listed alongside some other films, and this is obviously something that has not been publicly announced. A short film could be well, very short, a few minutes, and likely no more than ten. Even that might be pushing it. Using say, Pixar shorts as a reference, most are between 4 and 8 minutes. The original movie is an hour and 36 minutes. The “Debut” in the title indicates some sort of flashback, perhaps to when HUNTR/X first arrived on the scene before they blew up. Previously, director Maggie Kang has commented about how there were more backstory components that were supposed to be in the film that were cut, but hinted those could be explored in a sequel. But perhaps some may be put into a short here. I very much doubt those scenes were fully produced and simply cut, but perhaps they were finished up for this short film here. When would Debut: KPop Demon Hunters theoretically arrive? I’m not sure the other films on the list are much help. Dead of Winter is out in less than two weeks. Mother Mary does not have a release date. Ne Zha 2 came out earlier this year. I’ve only seen news stories saying The Perfect Gamble was supposed to come out in Q1 2025, but I’ve seen no evidence that it actually has. KPop Demon Hunters Netflix It could be sooner rather than later as Netflix looks to capitalize…
Share
BitcoinEthereumNews2025/09/18 02:23
US and UK Set to Seal Landmark Crypto Cooperation Deal

US and UK Set to Seal Landmark Crypto Cooperation Deal

The United States and the United Kingdom are preparing to announce a new agreement on digital assets, with a focus on stablecoins, following high-level talks between senior officials and major industry players.
Share
Cryptodaily2025/09/18 00:49