By Nathan Ferguson
- Smart contract Network Zilliqa has hit news wires lately, as it declared launching a MaaS metaverse-as-a-service) platform.
- Zilliqa’s Metapolis promises users the infrastructure and technology necessary to develop and conserve Metaverses.
- Moreover, eSports platforms MAD Lions, RRQ, and Ninja in Pyjamas choose Zilliqa as their favorite blockchain.
- ZIL outperformed the entire cryptocurrency market, surging over 350% within a week.
Zilliqa platform joined the crypto space in 2017, aiming to address scalability, the blockchains’ plague. The platform gained popularity in the marketplace, handling 2,500 to 10,000 transactions every second.
Moreover, Zilliqa (ZIL) was a ‘smart’ contract network before disappearing from the limelight amid amplified competition. However, how has the project performed recently?
Latest Developments
Zilliqa hit the news wire over the past few days due to lucrative announcements. The ‘smart’ contract network declared its kick-off in the metaverse as it announced Metapolis, referring to it as a metaverse for all projects.
Zilliqa describes Metapolis as MaaS (metaverse-as-a-services) platform, where users can access a blank canvas to construct their desired digital universes. Though Metapolis isn’t a digital would, it will provide clients with the infrastructure and technology needed to build and sustain their Metaverses. Zilliqa’s head of communication, Aparna Narayanan, explained Metapolis. He stated it would ensure enhanced engagement in digital and physical worlds by allowing conceptually customized domes as a portion of cities that might house games, e-stores, concepts, artists, and brands.
Meanwhile, some leading brands within the e-sports industry selected Zilliqa as their favorite network before the Metapolis introduction. Zilliqa declared partnering with MAD Lions, RRQ, and Ninja in Pyjamas on 23 March.
Zilliqa will collaborate with the new partners to introduce NFTs, metaverse, and tokenization activations. Clients will use the tokens for promotional incentives, P2E games, viewing parties, and launch events. Moreover, the world’s leading copy trading site, Bitget, launched ZIL on 1 April.
Price Updates
Zilliqa trended within the past couple of days as ZIL outperformed assets in the crypto market. While other cryptos surged double-digits within the previous week, ZIL gained over 370%. The exponential upside saw Zilliqa climbing from $0.047 to 90-day peaks at $0.2281.
Zilliqa experiences faded momentum. But it stayed up over the past day as other digital coins plunged. The alt’s recent uptick saw it ranking 53rd by market capitalization. ZIL trades around $0.19434, its market value hovering at $2.45 billion.