[PRESS RELEASE – Tortola, British Virgin Islands, 23rd January 2022]
TeraBlock and Splinterlands are teaming up to usher in the future of DeFi gaming. Users will benefit from simplified token bridging across multiple blockchains on the Splinterlands gaming platform through collaboration.
Splinterlands and TeraBlock are raising the standard for DeFi gaming today and in the future. Players of the popular game can transfer their tokens to various blockchains via the TeraBlock Bridge. Bridge is integrated into the gaming platform and allows easy and fast token swapping between multiple networks. Cross-chain solutions are essential in DeFi and gaming, and Splinterlands aims to push the limits of what can be achieved.
Splinterlands is one of the top blockchain gaming providers with over 400,000 active users and thousands of new players joining every day. Additionally, the game sees up to 4 million transactions per day, making it the most active gaming hub in the blockchain space today. These high transaction volumes warrant the discovery of a unique token routing solution that seamlessly bridges tokens between different networks.
TeraBlock, through its strong focus on purpose-built decentralized financial solutions and products, has developed an ecosystem where merchants maintain and optimize their crypto assets. TerraBlock Bridge is the latest protocol under the TeraBlock banner that provides the functionality of Splinterlands players. Its cross-chain routing process ensures that token transfers can be completed in just a few steps.
With this partnership, Splinterlands and TeraBlock have laid the foundation for easing DeFi transfers in the world of blockchain gaming. As a result, the Splinterlands team can build a more integrated gaming platform, while helping TeraBlock cement its position in the DeFi segment by creating a wider use case.
A portion of the fees collected from transactions on TeraBlock Bridge will be used to buy back $TBC tokens from the secondary market. Increased buying pressure for the token increases demand for $TBC and adds stability to the TeraBlock ecosystem. It is important to note that part of the fees collected from the TeraBlock Bridge Protocol will be distributed among TeraBlock stakers as part of the reward mechanism on the upcoming TeraBlock Native Staking Protocol.
About Splinterlands
Splinterlands (né SteemMonsters) is an epic, multiplayer fantasy card game in which thousands of gamers battle monsters every day as they battle for control of a chaotic world at war. The complete transparency of the blockchain’s distributed ledger enables gamers to see how many different cards are present throughout the game. Each card is individually owned, meaning that even the creators of the game cannot take them away from any player, and all players are free to buy, sell, or trade them in the same way as physical trading cards.
Be sure to check it out at https://splinterlands.com and join the vibrant Splinterlands player community on Discord or Telegram.
About TeraBlock
TeraBlock is a diverse crypto ecosystem designed to help users maintain and optimize their holdings on a unified platform.
The TeraBlock ecosystem consists of a suite of DeFi tools that allow users to invest, hold and exchange crypto assets in a secure and decentralized manner. TeraBlock is also engaged in the development of a trade automation platform that allows users to optimize their cryptocurrency holdings while navigating volatile markets.
Designed to protect users’ privacy and security, the easy-to-access platform facilitates fund aggregation, yield optimization, and farming and staking protocols.
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