Boba Network(BOBA)

Mainstream commerce and big brands are reporting improved business results and promising loyalty programmes through integrations with the wider Solana ecosystem.

Dymension, the startup building out an interconnected network of modular blockchains called RollApps, will launch its incentivized testnet by the end of this month, enabling developers to interact with its IBC-compatible rollups for the first time and start building more scalable dApps. Using the testnet, developers will be able to deploy RollApps easily using Dymension’s command line tool Roller. The startup said the deployment of its testnet was made possible by a collaboration with the data-focused networks Avail and Celestia, and enables builders to create their first RollApps using customizable virtual machines including the Ethereum Virtual Machine. Dymension is all about bringing scalability to the Web3 world through the use of application-specific rollups, which are based on the same scaling technology that’s used by so-called Layer-2 networks like Polygon, Avalanche, Fuel and Boba Network. What’s different about Dymension’s RollApps is that they’re the only one of their kind that provide full compatibility with IBC and the Cosmos ecosystem out of the box. They’re also data-agnostic thanks to their ability to connect to any data availability network. Although Dymension is competing in a very competitive niche, the potential of its technology is widely regarded. Earlier this year, the startup was able to raise $6.7 million in a funding round led by Big Brain Holdings and Stratos, with participation from DraftKings’ Shalom Meckenzie and DAO matchbox. Dymension has ambitions to accelerate Web3’s growth by helping developers to shift away from Ethereum and its scaling constraints. Dymension’s incentivized testnet follows the successful implementation of its devnet in June, where more than 500 RollApps were deployed by early adopters. Each of those RollApps is connected to the Dymension Hub to provide a secure and reliable bridge to the IBC ecosystem. With RollApps, the task of achieving consensus is delegated to Dymension Hub, paving the way for highly secure and super-fast blockchains with a sub 0.2 seconds transaction finality. The Dymension Hub handles all aspects of interoperability, vastly simplifying the process of interacting with RollApps to enable more cost-effective and scalable dApps. Its biggest impact comes in terms of reducing the infrastructure costs associated with the deployment of dApps, Dymension said. Following the success of the devnet, Dymension says it’s confident that it can attract even more interest in its RollApps from the wider Cosmos and Ethereum ecosystems due to its unique status as the only rollup provider that offers IBC as a bridge. When the testnet launches, users will be able to interact with RollApps through the Dymension Portal, which is its primary web interface. From the portal, users can view various ecosystem statistics and bridge over IBC using the MetaMask wallet. Dymension said all RollApps deployed on the testnet will publish their data to Avail and Celestia, with Cosmos and Ethereum to be added in a future update. In addition, Dymension supports a choice of VMs, including EVM, CosmWasm and others. This overcomes another key limitation for developers, who have traditionally always had no choice but to use the standard VM of the ecosystem they’re building in. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Dymension, the startup building out an interconnected network of modular blockchains called RollApps, will launch its incentivized testnet by the end of this month, enabling developers to interact with its IBC-compatible rollups for the first time and start building more scalable dApps. Using the testnet, developers will be able to deploy RollApps easily using Dymension’s command line tool Roller. The startup said the deployment of its testnet was made possible by a collaboration with the data-focused networks Avail and Celestia, and enables builders to create their first RollApps using customizable virtual machines including the Ethereum Virtual Machine. Dymension is all about bringing scalability to the Web3 world through the use of application-specific rollups, which are based on the same scaling technology that’s used by so-called Layer-2 networks like Polygon, Avalanche, Fuel and Boba Network. What’s different about Dymension’s RollApps is that they’re the only one of their kind that provide full compatibility with IBC and the Cosmos ecosystem out of the box. They’re also data-agnostic thanks to their ability to connect to any data availability network. Although Dymension is competing in a very competitive niche, the potential of its technology is widely regarded. Earlier this year, the startup was able to raise $6.7 million in a funding round led by Big Brain Holdings and Stratos, with participation from DraftKings’ Shalom Meckenzie and DAO matchbox. Dymension has ambitions to accelerate Web3’s growth by helping developers to shift away from Ethereum and its scaling constraints. Dymension’s incentivized testnet follows the successful implementation of its devnet in June, where more than 500 RollApps were deployed by early adopters. Each of those RollApps is connected to the Dymension Hub to provide a secure and reliable bridge to the IBC ecosystem. With RollApps, the task of achieving consensus is delegated to Dymension Hub, paving the way for highly secure and super-fast blockchains with a sub 0.2 seconds transaction finality. The Dymension Hub handles all aspects of interoperability, vastly simplifying the process of interacting with RollApps to enable more cost-effective and scalable dApps. Its biggest impact comes in terms of reducing the infrastructure costs associated with the deployment of dApps, Dymension said. Following the success of the devnet, Dymension says it’s confident that it can attract even more interest in its RollApps from the wider Cosmos and Ethereum ecosystems due to its unique status as the only rollup provider that offers IBC as a bridge. When the testnet launches, users will be able to interact with RollApps through the Dymension Portal, which is its primary web interface. From the portal, users can view various ecosystem statistics and bridge over IBC using the MetaMask wallet. Dymension said all RollApps deployed on the testnet will publish their data to Avail and Celestia, with Cosmos and Ethereum to be added in a future update. In addition, Dymension supports a choice of VMs, including EVM, CosmWasm and others. This overcomes another key limitation for developers, who have traditionally always had no choice but to use the standard VM of the ecosystem they’re building in. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Palo Alto, CA, June 19th, 2023, ChainwireEnya Labs, the core contributor to Boba Network, a multichain layer 2 optimistic rollup solution aimed at unlocking the potential of rollup technology and enabling interoperability between blockchains and the real world, is proud to announce a new strategic partnership with Enjinstarter, an innovative launchpad, incubator, and advisory for Web3 gaming, entertainment, and metaverse projects. This strategic partnership is committed to bolstering the development and advancement of the Web3 ecosystem.Since its inception in 2021, Enjinstarter has supported over 70 companies and cultivated a diverse community of more than 200,000 across multiple social platforms. It provides unique market access in South East Asia, India, Turkey, Spain, North America, and Indonesia. Enjinstarter also runs a successful Web3 innovation consulting practice, guiding brands, large corporates, and Web2 companies to formulate effective Web3 strategies.As part of the agreement, Enjinstarter will integrate Boba Network into its launchpad, introduce projects to the Boba Network ecosystem, and explore organizing gamer acquisition initiatives and tournaments. Concurrently, Enya Labs pledges to back the integration of Boba Network into the Enjinstarter launchpad, detail a comprehensive plan on ecosystem development and marketing, and potentially offer investment support and integration for appropriate games and projects. Both parties also plan to explore additional avenues for ecosystem development efforts and funding opportunities.Boba Network's multichain Layer 2 solution enhances the compatibility and interoperability of blockchains with the real world. Its revolutionary HybridCompute™ is a groundbreaking innovation that marries siloed Web2 data with Web3 protocols, decentralized applications, and smart contracts. With just one line of code, access the existing Web2 systems and open the door to a realm of boundless opportunities.Curtis Schlaufman, Head of Global Marketing at Enya Labs - Boba Network's Core Contributor, emphasizes, "Our partnership with Enjinstarter aligns perfectly with our vision. We are excited about the possibilities this partnership brings, especially for innovative developers and initiatives in the Boba ecosystem.""In this partnership, Enjinstarter is committed to supporting projects to build on the Boba Network by providing our suite of services. Furthermore, we aim to introduce Boba Network as a potent chain to develop on, thus enhancing its reach and impact," says a representative from Enjinstarter.About Enya LabsFounded by a team of Stanford faculty and alumni, Enya Labs is an innovator of software frameworks specializing in distributed systems engineering and application development. The Company serves clients and organizations by helping their partners leverage their existing business to unlock new opportunities enabled by hybrid blockchain solutions.Enya Labs is a core contributor to Boba Network, the only multichain layer-2 blockchain scaling solution and the only smart contract platform that enables Web3-Web2 interoperability. Boba Network improves the performance and lowers the transaction cost of base-layer blockchains by 40x-100x. Its unique Hybrid Compute technology allows smart contracts to call any off-chain API, giving developers the best of both the Web3 and the Web2 worlds to build the most compelling decentralized applications possible.For more information on Enya Labs and Boba Network visit: www.enya.ai, boba.networkAbout EnjinstarterEnjinstarter is a next-generation launchpad, incubator, and advisory platform for Web3 gaming, entertainment, and metaverse projects. With extensive experience and a robust community, Enjinstarter propels forward-thinking companies into the Web3 era.ContactMark [email protected]

Palo Alto, CA, April 20th, 2023, ChainwireBoba Network, a multichain layer 2 optimistic rollup that aims to unlock the potential of rollup technology and enable interoperability between blockchains and the real world, is pleased to announce its integration with Obvious, the self-custodial multi-chain smart contract wallet. As part of the integration, BOBA network users will be able to track and transact with assets on the BOBA network through Obvious. They can also interact with dApps on the BOBA network.Obvious is a self-custody wallet that brings together assets across multiple EVM chains and powers your cross-chain transactions by giving you safe, fast, and affordable bridging & swapping routes within the app. Here are some more features of the app:Smart Asset Rollup: Obvious shows all the different variants of your tokens in different forms rolled up together in one clean neat view.Cross-chain Transactions: Obvious has a clean 1 click transaction interface on its app. You can send, receive, swap, cross-chain swap, and bridge natively within the app across 17 chains including BOBA and track its progress.Web3 Native Address Book: Obvious has its own address book that you can use to store web3 addresses and it automatically adds the address you interact withNotifications: Obvious notifies you of every activity that happens in your wallet and also lets you track the progress of your transactionsSeedless Recovery: Obvious also has seedless recovery which is a superior backup and recovery method that lets you split your seed phrases into 3 parts storing them in 3 places for better security.dApp Connect: You can connect with dApps using WalletConnect seamlessly across your wallets.Multi-Wallet Connect: You can connect as many wallets as you want using Multi-wallet Connect to your Obvious app"We're excited to partner with Obvious and offer our community another wallet to interact with BOBA," said a core contributor of Boba Network. "With this integration, users can now use a multi-chain wallet that has a great user experience and lets you transact natively on the mobile app""We're thrilled to add BOBA to our list of supported chains and continue spreading the adoption of the crypto," said Himanshu Retarekar, CEO of Obvious. "The Boba Network's ecosystem is rich with use cases, and we're looking forward to giving BOBA even more use cases along the way."About Boba NetworkBoba Network is a multichain layer 2 optimistic rollup that aims to unlock the potential of rollup technology and enable interoperability between blockchains and the real world. The protocol is fully compatible with EVM-based tools and has already deployed multichain support for Ethereum, Avalanche, BNB, and Fantom, supporting lightning-fast transactions and fees anywhere from 40-100X less than the respective layer-1. Boba Network is powered by HybridCompute™ technology that brings the power of Web2 on-chain, with smarter smart contracts that allow developers to leverage off-chain compute and real-world data to deliver enriched experiences for decentralized applications.About ObviousObvious is a self-custody wallet that brings together assets across EVM & non-EVM chains and powers your cross-chain transactions by giving you safe, fast, and affordable bridging & swapping routes within the app. Obvious wallet is one of the best apps out there for your multi-chain experience with its exceptional user experience and a wide variety of features in its mobile app. Obvious is mobile-first and is designed for experiencing crypto on the go.For more information, please visit https://boba.network/ or https://www.obvious.technology/ContactMark [email protected]

On top of building the chain’s loyalty infrastructure, the Solana Foundation recently invested $100,000 into Boba Guys.