Published
7 months ago on
September 20, 2023
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Vara Network, the blockchain layer for high-performance dapps, has unveiled its vision for hosting game-changing web3 applications. With Vara’s mainnet now live and around 75 projects building on it, a new frontier in scalable, low-latency dapps is opening. Its team are confident they can lure developers seeking to create web3 games that aren’t constrained by existing blockchain bottlenecks.
Vara Rolls Out Mainnet to Dapp Developers
Powered by Gear Protocol, Vara is a proof-of-stake Substrate-based chain. This places it within the Polkadot family of blockchains, but Vara’s pitch to dapp developers owes less to its connections and more to its capabilities. The Vara mainnet has been positioned as an ideal staging ground for decentralized applications that can realize the full potential of web3 without the downsides that have historically impaired its value proposition.
Dapp developers want to create the richest, most immersive and rewarding experience possible for their users – particularly those operating in the gaming sector. Unfortunately, when working with web3, these objectives are frequently compromised due to the trade-offs that blockchain introduces. Onboarding, for example, can be a major turn-off to new players, who lack the patience and knowledge to install a web wallet, fund it with gas, and connect it to their preferred dapp. Other problems, like the requirement to record game progress onchain, which can add latency and cost, further diminish the appeal.
These are the sort of problems Vara was conceived to solve, and with its mainnet now live, its pitch to dapp developers is starting to resonate. While it’s not just courting games developers, web3 games are the type of dapps that stand to gain the most from being hosted on Vara. This is partly because the high throughput enables games to be fully hosted onchain, negating the need for backend servers and reducing latency.
Another characteristic that Vara has been optimized for is resource allocation. Online gameplay makes significant demands on servers in terms of storage and computation. Vara’s efficient resource allocation minimizes conflicts and maximizes parallelism. This ensures transactions and smart contract executions occur swiftly, resulting in a delay-free blockchain experience.
DeFi, TradFi, and Beyond
It’s rare for a blockchain ecosystem to bind its cause to any single use case or vertical, and Vara is no different. While GameFi is part of its strategy, it’s also positioning itself as an ideal network for hosting DeFi and enterprise applications. Decentralized finance stands to benefit from the same attributes that Vara brings to bear for gaming devs: low latency and the ability to perform complex computation onchain.
For DeFi to take root on new mainnets such as Vara, more than technical compatibility is required of course: there also needs to be innovation in devising the sort of money markets that will bring users in their droves. This is a challenge that is greater than any single network or ecosystem. For now, Vara is focused on getting more developers onboard with its vision. If it can achieve that, it will play a small but significant role in mainstreaming web3.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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