SKALE Network’s Q1 sees $3.1 billion in gas savings, user activity peaks, the project reported.
EVM-compatible and gasless blockchain SKALE Network reached 17 million unique active wallets (UAW) in the first quarter, according to a report shared by SKALE Labs, the team behind the project. Moreover, the report states that SKALE “saved its users $3.1 billion in gas fees in Q1”, comparing its network with BNB Chain and AVAX, which charged over $330 million in fees combined in March alone.
Image: SKALE
Moreover, over 70 projects and integrations have adopted SKALE technology in Q1, contributing to its expansion. The report mentions collaborations with ChainGPT, TCG, Dmail, NFT Arcade, and others.
“SKALE’s gasless approach fundamentally changes the playing field for Ethereum developers. By eliminating gas fees and providing instant finality, SKALE enables devs to utilize blockchain in a much more meaningful and impactful way,” says Jack O’Holleran, CEO and co-founder of SKALE Labs. “SKALE’s gas free model lets devs focus on accessibility and user experience while still staying true to Web3 core principles. We get to see the results in action every day as millions of users initiate over a million transactions per day on the network and hundreds of projects and businesses are building on SKALE.”
During this year’s Game Developers Conference (GDC), SKALE announced $2 million in grants, paid in the protocol’s native token, for projects that want to build new games using their infrastructure. O’Holleran told Crypto Briefing that blockchain gaming is poised to make a significant impact on the industry.
“We believe that games released now have the potential to set a new standard in the sector by leveraging AppChain technology to deliver unique gameplay experiences, enhanced monetization models, and true ownership of in-game assets. As the industry continues to evolve, we’re excited to see how developers leverage SKALE’s scalability and gasless transactions to push the boundaries of what’s possible in blockchain gaming,” he concluded.