PortalVerse Enters the Octopus Network Appchain Pipeline
Decentralized Cloud Gaming Infrastructure on Any Device
The Octopus Network is excited to announce the candidacy of PortalVerse as an application-specific blockchain, aka Appchain, in the Octopus Network Ecosystem.
PortalVerse is building a decentralized cloud gaming network for open and highly immersive virtual worlds (MMOs). It aims to establish a peer-to-peer, distributed cloud-native network serving the infrastructure of the Metaverse.
PortalVerse network focuses on facilitating ordinary players to enter the immersive metaverse which they truly own anytime — accessible from anywhere on any device — by establishing a cloud native protocol serving as the infrastructure of the future metaverse. — Wayne Lee, COO of Portaverse
The Octopus Network shares PortalVerse’s vision of solving gaming’s biggest bottlenecks via Web3 technology and is anticipating progressive innovation from PortalVerse’s Appchain development.
Like blockchain, or any other computing system, the Metaverse faces scaling challenges. One of the biggest bottlenecks is rendering. There are already hundreds of millions of high-performance GPUs in our desktop PCs. Through PortalVerse, these valuable computing resources will be stitched together into the most powerful edge computing network, an indispensable Metaverse infrastructure. Even better, it’s decentralized and owned by the vast majority of Metaverse users. — Louis Liu, Founder, Octopus Network
Recipient of the Octopus Network Star Prize Grant
PortalVerse is also a recent Octopus Network Star Prize Winner in the Octopus Network Spring 2022 Accelerator Showcase Day and a recipient of 50k USD in grants from the Octopus Network Foundation.
The Octopus Network Accelerator Program is a quarterly offered six-week course. The Spring 2022 course began on February 28th, 2022, with 50 teams from all over the world.
Eleven graduates were invited to present their projects to a select, invite-only audience of industry experts for Showcase Day. Judges of Showcase Day chose the top five projects to receive the Octopus Star Prize of USD 50k in grants. The Summer 2022 Accelerator Course begins this month.
Follow PortalVerse
Website: https://www.portalverse.net
Twitter: https://twitter.com/Portalverse_net
Discord: discord.gg/2jZ9brH2aJ
Medium: https://medium.com/@PORTALVERSE_NETWORK
About Octopus Network
The Octopus Network is a NEAR-based multichain interoperable crypto-network for launching and running Web3.0 Substrate-based, EVM compatible application-specific blockchains, aka Appchains. The Octopus Network, backed by top VCs including Digital Currency Group and Electric Capital, is committed to unleashing a new wave of innovation for Web3.0.
About NEAR Protocol
NEAR Protocol is a layer one blockchain that focuses on developer and user-friendliness. NEAR’s sharding technology is infinitely scalable with low latency, making it easy for Octopus Network to host hundreds of Appchains. NEAR Protocol is rapidly growing as one of the most prominent financial centers in the blockchain world, creating numerous DeFi opportunities for Appchains.
