Metaverse
Arbitrum Collaborates with Lotte Group for Metaverse Expansion
Wednesday. January 8 at 12:00 PM
1 min. readEthereum Layer-2 network Arbitrum has partnered with South Korea’s Lotte Group to enhance its metaverse ambitions. The Arbitrum Foundation has granted Lotte the opportunity to drive blockchain development for Caliverse, Lotte’s metaverse gaming platform. Lotte Caliverse will offer an AI-driven 3D entertainment experience on the blockchain. The grant, issued in ARB tokens, signifies Arbitrum's commitment to ecosystem growth. This collaboration aims to bridge traditional businesses with emerging blockchain technologies, providing users with immersive virtual experiences and the ability to make crypto payments. The integration of Arbitrum's blockchain into Caliverse is expected to rekindle corporate interest in metaverse ventures. This partnership reinforces Arbitrum's position as a leading blockchain infrastructure for gaming and metaverse platforms, showcasing its flexibility and efficiency in the gaming sector.