PlaySync announced that it has entered into a business partnership with Ava Labs Inc., the developer of the blockchain "Avalanche." Through this partnership, PlaySync will serve as Ava Labs' partner in Japan and will support companies in launching blockchains using Avalanche subnets and AvaCloud.
By using the Avalanche subnet provided by Ava Labs together with AvaCloud, which provides fully managed blockchain services, there is no need to deposit crypto assets, which is normally required to launch a blockchain. In addition, you can start and operate your own blockchain by simply paying a monthly usage fee in legal currency, the same as for general cloud services.
In addition, by using PlaySync's unique technology (patent pending), end users do not need to prepare a self-managed wallet or pay gas fees, and provide end users with crypto assets for use on the chain. It is possible to provide Web3 services without having to do so.
By leveraging the respective strengths of both companies, PlaySync and Ava Labs will provide companies with an environment that combines blockchain launches, wallets, and NFT distribution services. The company claims that it is possible to create a system in which no assets are involved.
Furthermore, the Avalanche subnet achieves the processing speed and stability unique to a private chain, while maintaining EVM compatibility, allowing software assets to be utilized and interoperability with public chains to be considered. That's what he said.
PlaySync and Ava Labs have taken seriously the challenges that companies have faced when introducing Web3 services, from blockchain selection to wallet and NFT distribution. We believe that by leveraging the strengths of the solutions developed by both companies, we will be able to provide a Web3 environment with even higher usability.
We aim to promote the mass adoption of Web3 in Japan by lowering the hurdles for companies and users to utilize blockchain technology, and by supporting the creation of an environment where new Web3 business models and value can be created.
