ZTX Unveils New Blockchain Ecosystem for Web3 Expansion

ZTX has unveiled plans to develop an ecosystem blockchain using Arbitrum Orbit technology. ZTX is the prominent Web3 social metaverse platform. This innovative protocol is slated for launch in the third quarter of this year. It aims to facilitate the onboarding of new users. This includes non-cryptonative individuals from its legacy Web2 platform.

The decision to create a dedicated blockchain ecosystem stems from ZTX's successful pilot test conducted last August. Then, over 200,000 new users were onboarded to blockchain within a remarkably short timeframe of under 20 hours. These users were able to mint NFTs. Thus, marking a major milestone in ZTX's journey towards integrating blockchain into its platform.

Alexx, Chief Futurist at ZTX, emphasized the platform's commitment to expanding to mobile offerings. He recognized the pervasive use of mobile devices in today's online landscape. ZTX has a legacy Web2 platform that prioritizes mobile accessibility. And it sees the development of a dedicated blockchain as a crucial step towards delivering an efficient mobile experience for its growing user base.

Leveraging Orbit Technology

ZTX has made a decision to leverage Arbitrum Orbit technology for the new blockchain ecosystem. This is due to ZTX's pursuit of extensive protocol customization and enhanced gas-related experiences. The platform will focus on user experience optimization initiatives such as account abstraction. This will help streamline its operations and provide a robust framework for higher network activity.

ZTX currently boasts 500 million lifetime users and over two million daily transactions on its legacy Web2 platform. It sees a smooth transition of these users and transactions to its on-chain ecosystem with the upcoming launch of its mobile product. This transition will enable users to engage in transactions for 3D virtual assets like wearables and skins. All these will be within the secure and efficient environment of the ZTX blockchain ecosystem.