The Web3 game industry is growing on blockchain networks like Avalanche, Solana, Polygon, and even the newly-launched Sui. One platform you don't find on that list is Chia, the novel storage-based blockchain network—but that may soon change.
Last week, Chia Network—which recently signaled plans to go public—launched what it’s calling the Chia Open Digital Economy (CODE) framework, which is infrastructure and tooling designed to power an open metaverse of games and applications that use interoperable assets.
Alongside that initiative, Chia will launch a proof-of-concept trading card game on May 19 called ChiaTCG, which will support all NFTs currently on Chia and turn them into playable cards.
Leading the gaming push is Richard Tsao, Chia Network’s Chief Metaverse Officer, who spent two decades working for giants of the gaming industry—from Microsoft back in its early Xbox days to Ubisoft branches in China and eventually League of Legends creator Riot Games.
Tsao told Decrypt that it was at Riot Games that he recognized the need for an open ecosystem of tradable assets that are truly owned by players. He said that he tried to pursue the concept while at the company, but that it ultimately “didn’t work”—he couldn’t find traction for the idea at a large studio with its own thriving, closed ecosystem of assets.
Ultimately, he set up shop at Chia and is now leading its push to adapt the blockchain network to better support games.
Created by Bram Cohen, inventor of the BitTorrent protocol, Chia uses a unique “proof of space and time” consensus mechanism that’s secured by users’ storage space, rather than requiring high-end computers and immense amounts of energy like Bitcoin’s network does.
Tsao sees potential advantages to Chia’s gaming plan compared to other blockchain networks. Notably, the NFT1 token standard pairs with Chia’s Offers system to enable peer-to-peer atomic swaps without the need for a marketplace or an escrow smart contract in the middle. It’s a nuanced variation that Tsao believes is a meaningful differentiator.
Chia Aims to Take on Ethereum, Solana With NFTs. Will They Blossom?