Parea Labs

We are your strategic partner, hands-on advisory, sustainable tokenomics, and powerful community growth for the next generation of web3 projects.

[Parea Labs @PareaLabs]

Introducing PareaChain by Parea Labs 🎉

PareaChain is a gaming-oriented Layer 2 solution that provides EVM compatibility, ultra-low costs and extensive scalability while relying on Ethereum's security. More here 👇

[Elvin Aziyev @ElvinAziyev]

Here is how to integrate blockchain with a game on PareaChain. Covered in this video:

· Wallet creator
· Token creator (ERC1155, ERC721, ERC20)
· IPFS Services
· Metadata Manager
· Token sender
· Player Services (wallet viewer, wallet lists)
· Wallet Dashboard (top token contracts, player locations, etc.)
· Character viewer
· PareaChain SDK Features in use within a mobile game

And one more thing, we are fundraising with a tiny valuation, and also looking for partners to work with. So, feel free to reach out if you like what we are building.

#blockchain #ethereum #layer2scaling #web3gaming

[Parea Labs @PareaLabs]

🇸🇬 #Ripple secures in-principle approval for major payments institution license in Singapore.

🖼 #LouisVuitton to launch physical-backed #NFTs.

#Web3 #Web3Gaming

[Parea Labs @PareaLabs]

Stay up-to-date on the latest news with our industry update post! 🫡

🧬 #BNBChain launches Layer 2 #testnet based on Optimism's OP stack.

🤝 #Nike partners with #Fortnite to introduce #Airphoria virtual experience to 240 million users.

More... 👇 🧵

[Parea Labs @PareaLabs]

🎟 #SnoopDogg launches NFT passport for exclusive #digital tours.

🚘 #Skoda Auto, Czech automobile conglomerate, launches #NFT platform.

👟 #Puma introduces Black Station 2 for #metaverse footwear shopping.

More... 👇

[Parea Labs @PareaLabs]

By using #blockchain technology, the NFL can create a more secure, transparent, and efficient ticketing and merchandise system that benefits both fans and teams.

#BigBrandsInWeb3 #Web3

[Parea Labs @PareaLabs]

The National Football League (@NFL) has been exploring blockchain technology for a while now.

It has launched a mobile game called #NFL Rivals, built on the #blockchain platform of Mythical Games, which... 👇

[Parea Labs @PareaLabs]

The league’s blockchain-based ticketing system built on #HyperledgerFabric uses a smart contract to manage the sale and transfer of tickets to prevent counterfeits (still in development). It also uses a decentralized identity system, allowing users to control their personal data.

[Parea Labs @PareaLabs]

Which L2 scaling solution do you think has the most potential for improving blockchain network scalability? 💭

#web3 #web3gaming #crypto #blockchain

[Parea Labs @PareaLabs]

Welcome to our weekly update post, featuring major industry highlights!🫡

🤝 #Nike and #EASports collaborate to incorporate #Dotswoosh NFTs into future games.

🎮 #GTA6 rumored to explore play-to-earn model and #crypto integration, according to reports.

🚘 #MercedesBenz Web3 Arm teams up with #FingerprintsDAO for NFT collection launch.

💼 #GameStop collaborates with the #Telos Foundation to expand #web3gaming strategy.

☕️ #Starbucks expands #NFT airdrops, offering more digital collectibles.

🏎 #Formula1 introduces NFT tickets, blending motorsport and #blockchain.

🥨 #Kellogg's demonstrates NFT interest by filing trademarks.

💉#Scientists develop cutting-edge #antibiotic using #AI to annihilate superbugs.

📈 #JPMorgan files patent for #IndexGPT, a #ChatGPT finance clone.

[Parea Labs @PareaLabs]

Keep yourself up to date with the latest news by taking a look at our industry update post!📌

🐧 #PudgyPenguins NFT project surpasses #Amazon sales in record-breaking feat.

🤝 #Helika partners with #YugaLabs to introduce analytics to Web3 gaming.

📈 #Nike OF1 #NFT sale surpasses $1M despite delays and technical issues.

💳 #Web3 'Move-to-Earn' app #Stepn integrates #Apple Pay for seamless in-game purchases.

🌐 #Opera Browser integrates #MultiversX, formerly known as #Elrond, Layer-1 #blockchain, unlocking Web3 potential.

🇳🇴 #Norwegian Central Bank advances crypto regulation to foster financial innovation.

[Parea Labs @PareaLabs]

@MetzlerGames 👀

[Parea Labs @PareaLabs]

Stay in the loop with the most recent news by checking out our industry update post!💈

🤝 #Epic Games and #LEGO Group join forces to build a secure and enjoyable metaverse for families.

🎮 Popular #Axie Infinity game debuts on Apple App Store in key #markets.

🍎 #Apple takes steps towards the #metaverse with upcoming #VR headset introduction, filing reveals.

👾 #Assassin's Creed delves into #NFTs and 3D printing with smart collectibles.

🖼 #Star Wars fans excited for #Microsoft release of themed NFTs on May 24th.

🚘 #Renault expands #web3 presence with Racing Shoe5 NFT collection introduction.

[Parea Labs @PareaLabs]

Walmart Canada applied #blockchain to solve payment disputes with its 70 third-party freight carriers. The system has allowed the company to automate the freight #payment process and reduce the time it takes to resolve disputes from weeks to hours.💵⌛

The company also launched a traceability platform in their Chinese stores to increase food traceability and trust. They track the movement of many food items from farms to processing facilities and finally to retail stores in #China.🛤️🏪

That is all good, but how does Walmart benefit from it? 💭

Across a shipment’s journey, @WalmartCanada can track farm origin, batch number, factory and processing data, expiration dates, storage temperatures, and shipping details using blockchain #technology.⛓️📅

By entering a shipment’s six-digit “lot” number in a web portal, an employee at #Walmart can pull all this information within two seconds.🔥

#BigBrandsInWeb3 #Web3

[Parea Labs @PareaLabs]

Stay up-to-date on the latest news with our industry update post! 🫡

🎮 #Epic Games Store now features 18 blockchain #games

🕹 #Roblox's in-game digital currency sales reach $774 million as the daily active user count hits a #record high.

👨‍💻 #Elon Musk announces he is stepping down as CEO of #Twitter, hires a new CEO, and becomes executive chair and CTO.

💼 #Deloitte leverages #blockchain to enhance the security and immutability of its #digital credentials platform for professionals.

🧬 #AVAX bridges #Web3 and #Web2 with #Chainlink functions integration.

📈 #Square, Jack Dorsey's crypto firm, and Paxful CEO Ray Youssef team up to launch a P2P #marketplace for decentralized finance services.

🤝 Deloitte, #Goldman Sachs, and #Microsoft join Canton, a new blockchain network for the financial services industry.

[Parea Labs @PareaLabs]

Games letting you turn virtual loot into real-life #coins? 🎮 

From more control to actual cash, #Web3 is turning online #gaming on its head! 🤯

Don't miss out on the future of gaming powered by Web3 🤖 

Check it out now: https://t.co/EKgGPgmQvV

[Parea Labs @PareaLabs]

🎮 Jeff Burton, co-founder of Electronic Arts, has joined P2EARN, a Web3 gaming guild that aims to create a decentralized ecosystem for playing games and earning rewards using blockchain technology.
🇷🇴 #Romania launches a national NFT marketplace to promote local art and culture. The platform enables artists to display and sell their work as NFTs as part of Romania's broader efforts to embrace Web3 technologies and develop a robust blockchain ecosystem.

[Parea Labs @PareaLabs]

What happened in the Web3/Crypto technology industry recently? 👀

☁️ #Alibaba Cloud launches Metaverse Launchpad on #Avalanche
🤝 #Polygon, #Solana, #Mastercard, and #Avalanche develop Web3 identity solutions
🎮 #EA co-founder joins P2EARN Web3 gaming guild

And more... 🧵

[Parea Labs @PareaLabs]

💼 #Deloitte creates 300 new job roles to strengthen Web3 commitment.
🖥 #Higgs launches Web 3.0 Computer for decentralized app development. The computer provides tools for building decentralized apps, including smart contract creation, user authentication, and payment processing.