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Japanese-Backed Studio Murasaki Announces Partnership with Ava Labs

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January 13th,  2023 – The Netherlands – Leading blockchain games developer and media studio Murasaki has announced a partnership with Ava Labs, measured by time-to-finality as the fastest smart contracts platform in the world.

Backed by Incubate Fund, one of the largest VCs in Japan, Murasaki enlisted the developing team behind Pokelabo Inc.’s successful $174m exit and several top-grossing titles generating $100m+ in revenue, including SINoALICE, a mobile game played by millions.

As it sets out to release its first title, Cyberstella, in the first quarter of 2023, Murasaki will use the Avalanche blockchain from Ava Labs to develop original blockchain titles in an NFT-enhanced economy. The idea is to generate a conceptual IP, like a multiverse, wherein every character is independent, but transmedia mixes, collabs, and offshoots can happen.

And gaming is only the beginning; Murasaki will host a unique offering containing a mix of media that users don’t just consume, but gain the opportunity to participate and interact with it. Murasaki is going to publish several comic book series.

Welcome to the decentralized narrative where community members have a voice. Not only can players and users alike engage with Murasaki original media, but they will be given access to a world of IP attracted to the platform developed on a similar ethos.

Consumers are invited to join the IP creation process in a Web3, if not world, first.

When it comes to which blockchain to adopt, Avalanche was an easy choice for the firm; it’s massively scalable, low cost and an eco-friendly chain with blazingly fast transaction speeds and a fully decentralized, entirely secure protocol that avoids the centralization risks of most blockchain networks to-date. It also automatically ensures both compliance and privacy, as each chain launched on Avalanche can define its own core logic and validator set.

The partnership with Ava Labs is borne out of the wealth of crypto-native experience within Murasaki’s ranks; the team not only boasts leading Japanese game developers, but also a collective century of experience in blockchain projects. Murasaki’s future is bright, and its ecosystem will feature a wide range of original media for users to enjoy, such as manga series and anime shorts where NFT holders can influence official storylines and even see their own NFTs feature.

Shinnosuke Murata, Murasaki’s CEO, said: “Avalanche is the fastest, most reliable smart contracts platform in the world and features a revolutionary consensus protocol. For a highly scalable solution, this is the place to be. Here we can build anything we want, any way we want, all while not being concerned about the technology struggling to cope with the rapid onboarding of vast numbers of users.”

Shinnosuke added: “When you can finalize transactions in under a second, in fact clearing thousands per second, it becomes clear that Avalanche is the right solution for Murasaki. It’s truly decentralized which appeals to us, and furthermore each blockchain launched on Avalanche can define its own core logic and validator set. This means compliance and privacy are built-in by default. We’re pleased and excited to build out the Murasaki vision working with the Avalanche blockchain over the coming year.”

About Murasaki

Murasaki is a blockchain mobile game and media studio. Incubate Fund, Japan’s largest VC, with over 850 billion yen in investments, were the main investor behind Murasaki’s €1.5 million seed round. Murasaki set out to release its first experimental title, Cyberstella, in 2023, as well as creating an ecosystem, building and bridging new and legacy titles on-chain. Murasaki’s founding members formed one of the best mobile game developers, Pokelabo, with a $174m exit and several top-grossing titles generating $100m+ in revenue. From play-and-earn mobile games, manga series, and NFT generators, Murasaki’s growing product suite will empower the next generation of gaming on blockchain.

About Avalanche

Avalanche is the fastest, most reliable smart contracts platform in the world. Its revolutionary consensus protocol and novel Subnets enable Web3 developers to easily launch highly-scalable solutions. Deploy on the EVM, or use your own custom VM. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs.

Avalanche Technology

High Performance: finalizes transactions in under a second and clears thousands per second, enabling decentralized finance applications to reach their full potential.

Secure: scale to thousands of nodes, making it a truly decentralized protocol that avoids the centralization risks of most blockchain networks to-date.

Customizable: Each blockchain launched on Avalanche can define its own core logic and validator set. This means compliance and privacy by default.

Vic

Editor / Writer / Producer For Drop the Spotlight