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

2025/11/02 03:10
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.

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 service@support.mexc.com 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

Market Watches Pullback as Supply Unlock Approaches

Market Watches Pullback as Supply Unlock Approaches

The post Market Watches Pullback as Supply Unlock Approaches appeared on BitcoinEthereumNews.com. PI holds an upward structure as buyers defend key EMA and Fibonacci support zones. Upcoming unlocks may raise volatility as supply pressure tests short-term demand. Community anticipation grows as hints of a major Pi Network update fuel sentiment. Pi is retracing after reaching the $0.27 zone, and traders are watching how the price reacts as it moves closer to key Fibonacci regions that shaped last week’s rally. The recent rejection near the 0.786 level sparked short-term profit-taking.  However, the broader market structure still leans upward because higher lows continue to form across multiple timeframes. This trend keeps interest elevated as volatility builds around major Pi Network developments and the approaching unlock schedule. Besides, rising community expectations have added another layer of focus on how PI behaves in the coming days. Technical Outlook Suggests Controlled Pullback PI remains above the 9 EMA, which has acted as dynamic support throughout the recent breakout. Hence, traders now expect the current pullback to remain controlled as long as PI stays above the $0.2520 zone. This level aligns with SuperTrend support, signaling continued strength if buyers defend it during intraday dips. PI Price Dynamics (Source:TradingView) Additionally, the mid-range Fibonacci levels form an important cluster around $0.2495. This zone marks equilibrium for the current swing. A move toward $0.2382 may still attract strong demand because it overlaps with the previous consolidation area. However, losing $0.2227 would weaken the bullish structure and shift attention to lower ranges. Related: Ethereum Price Prediction: Rising Channel Hints at Ethereum Recovery On the upside, resistance at $0.2608 remains the first level traders are watching. A break above it may trigger stronger momentum toward $0.2769. A clean move above this zone could open a path toward the $0.2974 swing high, which stands as the next major objective for bulls. Unlock Cycle and…
Share
BitcoinEthereumNews2025/11/28 20:18