{"id":362621,"date":"2021-11-04T17:00:00","date_gmt":"2021-11-04T14:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ftx-backed-studio-explains-why-solana-is-better-for-game-developers\/"},"modified":"2021-11-04T17:00:00","modified_gmt":"2021-11-04T14:00:00","slug":"ftx-backed-studio-explains-why-solana-is-better-for-game-developers","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ftx-backed-studio-explains-why-solana-is-better-for-game-developers\/","title":{"rendered":"# FTX-backed studio explains why Solana is better for game developers"},"content":{"rendered":"<p>&#8220;<strong># FTX-backed studio explains why Solana is better for <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a> developers <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvMDc0YWE1YWMtNDc0ZC00NWE2LTllMmUtM2Q1ZjAzNDQ0ZDBiLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>While the Ethereum\u00a0blockchain has the community advantage, the competition with Solana is heating up thanks to the rise of blockchain-based play-to-earn games, which is now simply called GameFi.<\/p>\n<p>Founded by Scopely and Glu Mobile veterans, game developer and publisher Faraway announced that the studio has raised $21 million in a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">Series<\/a> A funding round led by Lightspeed Venture Partners and major crypto exchange FTX. Along with the $8-million seed round, Faraway now has $30 million in total funding from renowned crypto ecosystem investors a16z, Sequoia Capital, Pantera Capital, Jump Capital and Solana.<\/p>\n<p>The company is developing its flagship title, a browser-based live multiplayer game called Mini Royale: Nations, on the Solana blockchain. According to the announcement, the team has previously worked on popular games such as Disney\u2019s Sorcerer\u2019s Arena, WWE Champions, The Walking Dead: Road to Survival and Looney Tunes: World of Mayhem.<\/p>\n<p>When asked about why they picked Solana instead of Ethereum from a developer perspective, Faraway co-founder Alex Paley told Cointelegraph that Ethereum was simply not an option due to the slow transaction times and high gas fees:<\/p>\n<blockquote><p>\u201cWe were specifically looking for a blockchain with fast and cheap transactions, strong ecosystem momentum, and a team behind it that we could trust from a technical excellence standpoint.\u201d<\/p><\/blockquote>\n<p>Rust, the programming language of Solana, is also well-known among game developers compared to Ethereum\u2019s Solidity. Paley admitted that Ethereum and its layer-two solutions have a sizeable community. But cashing out the earned tokens is much harder on most Ethereum layer-two solutions. Solana offers the speed and access to native liquidity on the platform, Paley added.<\/p>\n<p>While most other blockchains try to remain industry-agnostic, Paley underscored, Solana places a lot of effort and resources on building specific tools and infrastructure to support the needs of game studios building games with complex real-time economies and systems.<\/p>\n<p>Commenting on the funding round, Solana creator Anatoly Yakovenko highlighted decentralized gaming as the next frontier for blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a>. \u201cThe game Faraway is building has the potential to bring Web 3.0 to hundreds of millions of users,\u201d he added.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>NFT gaming proposition in question as regulators and traditional gaming pullback<\/em><\/strong><\/p>\n<p>Mini Royale: Nations\u2019 browser-based setup allows players to play on any hardware with an internet browser without installation requirements. \u201cThe biggest challenge with making a browser game is the graphical fidelity you can get out of the browser,\u201d Paley told Cointelegraph. \u201cWhen WebGPU comes out, though, we should see graphical fidelity on browser improve significantly.\u201d\u00a0<\/p>\n<p>However, there are significant advantages to browser-based development, with playing without installation being the first one. \u201cAll a player needs to do is share or click a link, and seconds later, they and their friends are all playing together in the same session,\u201d Paley said.\u00a0<\/p>\n<p>Since MetaMask, Phantom Wallet and other Web 3.0 wallets are natively integrated into the browser, developing a browser-based game also makes sense since it makes buying, selling or trading in-game assets more convenient.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/ftx-backed-studio-explains-why-solana-is-better-for-game-developers\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# FTX-backed studio explains why Solana is better for game developers &#8221; While the Ethereum\u00a0blockchain has the community advantage, the competition with Solana is heating up thanks to the rise of blockchain-based play-to-earn games, which is now simply called GameFi. Founded by Scopely and Glu Mobile veterans, game developer and publisher Faraway announced that the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":362622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvMDc0YWE1YWMtNDc0ZC00NWE2LTllMmUtM2Q1ZjAzNDQ0ZDBiLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,91083,74868,74891,75719,92498,73821,80],"class_list":["post-362621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-blockchain-game","tag-defi","tag-ethereum","tag-funding","tag-solana","tag-developers","tag-games"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/362621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=362621"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/362621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/362622"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=362621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=362621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=362621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}