Thoroughbred Horse Racing Metaverse Game Of Silks Partners Arbitrum To Enhance Liquidity And Throughput

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Metaverse projects have the potential to tackle multiple use cases. However, they will require solid scalability to unlock their full potential. Game of Silks taps Arbitrum to achieve this goal, as Ethereum has too many bottlenecks. 

There has been a lot of talk about the Metaverse in recent months. Both mainstream companies and blockchain startups explore opportunities. Merging the real and virtual worlds is, in theory, the key to building more immersive experiences spanning work, entertainment, and social activities. Moreover, many projects are carving out their corner of the Metaverse, and Game of Silks is one of those titles. 

Under the Game of Silks (or Silks) banner, users can gain exposure to thoroughbred horse racing. With the help of Tropical Racing - who also invested in Game of Silks - the team will tokenize real-world thoroughbred horses as non-fungible tokens on the Ethereum blockchain. Silks users can acquire these NFTs and earn rewards based on how the real-world horse performs, trains, and breeds. 

Participants can own, trade, and interact with various Metaverse NFTs, including land plots, stables, etc. The project has raised USD 2 million in funding and aims to raise more money through its upcoming NFT sales. An ecosystem on this scale will require scaling solutions, which Ethereum cannot provide today. The issues plaguing Ethereum have been well-documented, and the long-awaited Beacon Chain merge has been postponed by several months.

The Game of Silks team is aware of the current situation and has taken a proactive approach. Rather than wait for Ethereum to scale