Treasure DAO Launches Layer-2 Mainnet on ZKsync Elastic Chain
The Web3 gaming studio Treasure launched its layer-2 mainnet. Treasure announced its migration of over 15 games from Arbitrum to its own layer-2 rollup within the ZKsync Elastic Chain ecosystem, facing criticisms of “grant-hopping.”
Treasure was the leading gaming ecosystem on Arbitrum, accounting for approximately 95% of gaming and NFT-related transactions on that chain. Treasure DAO co-founder Karel Vuong acknowledged a grant from ZKsync but emphasized that the migration aimed to find a suitable partner for scalability.
To transfer $190 million worth of its native token, MAGIC, from Arbitrum to the new layer-2, Treasure is utilizing Hyperlane’s interoperability framework.
Treasure’s layer-2 offers native account abstraction in its wallet system, enabling user onboarding through traditional Web2 login methods and gasless transactions. Gamers can swap tokens using Game Exchange (GEX), an automated market maker powered by Magicswap v2.
Upcoming game developments include converting Bitmates’ MMORPG to a fully on-chain system with Magicswap GEX integration, Zeeverse evolving into a multichain MMORPG, Calamity migrating from Base, and various planned token generation events across its games.
Adidas Launches Co-Branded Shoes with STEPN GO
In partnership with Web3 walk-to-earn game STEPN, Adidas is launching a limited-edition collection of 1,200 Ultraboost 5 running shoes. The STEPN GO x Adidas shoes will be available from December 13 to December 17 on the MOOAR marketplace.
This shoe release follows Adidas' previous collaboration with STEPN in April 2023 to launch a Genesis Sneakers NFT collection on the Solana blockchain. The release will occur in four separate raffles, prioritizing Genesis NFT holders.
Shiti Manghani, CEO of STEPN, stated that this collaboration reflects the evolution of the Web3 space, merging fitness, digital assets, and real-world products.
One Interesting Stat:
- Pudgy Penguins NFTs have recorded $72 million in trading volume over the last weekend.
Also of Note:
- Mysten Labs announced the launch of E4C: Final Salvation, a multiplayer online battle arena game on Sui in collaboration with Ambrus Studio.
- Yuga Labs acquired Tokenproof, an NFT verification tool for real-world events.
- The New York Red Bulls soccer team is integrating its ticketing system onto the Avalanche chain for all live events starting in 2026.