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Leading US cryptocurrency exchange Coinbase launches support for new native pirate-themed RPG token built on Ethereum
Coinbase has launched support for the newly issued native token of a pirate-themed RPG built on the blockchain.
Major customers of the US cryptocurrency exchange can now trade PIRATEa utility and staking token for the Pirate Nation game.
Ethereum (ET) first launched on Wednesday and rose nearly 90% in the first 24 hours.
Coinbase added support for the asset under its “experimental label,” a designation established by the exchange for riskier, lower-liquidity tokens.
The exchange based in the Cayman Islands Gate.io and the Philippines-based exchange Coins.ph has also launched trading services for PIRATE.
Pirate Nation allows players to assemble crews, build ships, explore islands, search for treasure, and battle creatures in a fully on-chain gaming ecosystem.
The project runs on the Apex chain, a blockchain developed by the gaming studio Proof of Play, second the “litepaper” of the project just published.
“At the time of publishing this article, the game is made up of over 300 smart contracts, all game logic resides on the chain, and our current player base generates over 1 million transactions every day through in-game actions on the Apex Chain of Proof of Play. For much of Pirate Nation’s first season, Apex ranked in the top 3 EVM (Ethereum Virtual Machine)-based L2s/rollups in transactions per second (TPS) and gas per second (MGas/s).”
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