The startup develops blockchain-based gaming software that enables players to evolve and trade in-game assets within a multiplayer mobile football game. This approach creates a dynamic marketplace where users can generate revenue through gameplay by leveraging the unique characteristics of blockchain technology.
Funding
$12.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Minting digital assets, such as NFTs, on established blockchains like Ethereum can be expensive due to high gas fees and network congestion. This cost barrier limits accessibility and scalability for applications requiring a large number of assets. Existing bridging solutions add complexity and potential security risks.
Solution
LAOS Network provides a universal Layer-1 blockchain designed for efficient and cost-effective creation of digital assets that are interoperable across multiple EVM-compatible chains. Its bridgeless minting technology allows users to mint assets on LAOS and have them appear as native tokens on other chains, such as Ethereum or Polygon, without the need for traditional bridges or wrapped tokens. This approach significantly reduces gas costs and eliminates network congestion issues, making it easier to create and deploy digital assets at scale. The LAOS Universal Node combines a regular EVM node and a LAOS node, streamlining development.
Target Audience
The primary target audience includes Web3 developers, game developers, NFT creators, and enterprises seeking a scalable and cost-effective solution for minting and managing digital assets across multiple blockchain ecosystems.
Features
- Bridgeless minting enables assets created on LAOS to function as native tokens on other EVM chains
- Significantly reduced minting fees compared to direct minting on Ethereum or Polygon
- Seamless integration with existing applications and marketplaces on supported EVM chains
- Universal Node combines EVM and LAOS node functionality
- Support for dynamic NFTs and asset evolution
- Compatibility with standard wallets like Metamask
- Native utility token ($LAOS) used for minting fees