SKALE Users Save $1.8 BILLION on Gas Fees in March!

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August 2, 2023

July Update: BIG Month for SKALE with Massive Transaction Numbers

SKALE Network

July was another huge month in the SKALE ecosystem with a record-setting month for both transactions and gas fee savings!

SKALE Gas Fee Savings

And, SKALE topped all other Layer 2 scaling blockchains in transactions for the majority of the month, beating out Polygon, Arbitrum, and Optimism! 

SKALE Beats Polygon in Transactions

Hit 100 Million Transaction Milestone

SKALE achieved the milestone of hitting 100 MILLION on-chain transactions! Congratulations to the SKALE community for creating a thriving ecosystem.

Gas-Free Gaming on SKALE

Gaming continues to show massive growth on SKALE, as Untitled Platformer and CryptoBlades are now ranked as top 20 games on Dappradar! Gamifly was also highlighted by Dappradar due to CricketFly’s explosive growth. The industry is clearly beginning to catch on that gas-free is the future of blockchain gaming!

Gamifly on Dappradar

Messari State of SKALE Report

Messari released their State of SKALE Q2 2023 report! Their report covered SKALE updates including the Levitation Protocol, governance voting, and the growth of on-chain metrics. Messari also compared the average transaction fees of L1s in Q2, and it’s no surprise that SKALE offers the cheapest transactions (ZERO) thanks to the zero gas architecture. Check out the full Messari State of SKALE Report here!

Messari SKALE

July Ecosystem Updates

Ruby Releases DCA Feature

SKALE native DEX, Ruby.exchange released a feature that DeFi has long awaited: decentralized dollar cost averaging! Ruby uses SKALE’s free transactions and instant finality to enable true dollar cost-averaging strategies - a first for DeFi. 

Screenshot of DCA interface

Elements Partnership

Elements offers a streamlined platform for the simple deployment of exceptionally intricate infrastructure, including digital goods, multiplayer features, cloud and server optimization, and Web3 tools. This partnership provides game developers access to easy plugins and solutions for integrating SKALE as their game’s blockchain solution! 

5TARS Launch

5tars.io, the first Web3 Sports Predictions & Fantasy game with zero gas fees, is now live on the SKALE Network! SKALE's fast and free infrastructure allows 5TARS to meet the high demands of a global user base, ensuring an uninterrupted, high-speed performance for every game.

Coinsender Launch

CoinSender, an innovative multi-address transaction platform has launched on SKALE, allowing multi-address token transfers with zero gas fees! Use Coinsender here

Coinsender SKALE

CryptoBlades 1 Year Anniversary

CryptoBlades celebrated one year of gas-free gaming and growth on SKALE by launching boosted SKILL rewards to their community! Congratulations to the CryptoBlades team and players for sustained growth despite less than ideal market conditions. 

Press &  Events

SKALE Series Twitter Spaces

The SKALE community ran two SKALE Series Twitter spaces, inviting other builders and communities to share their expertise. Both spaces fostered large audiences, tune in below.

Nasdaq Trade Talks

SKALE Labs Co-Founder & CEO Jack O’Holleran was invited to Nasdaq’s Trade Talks show where he discussed the intersection of blockchain and AI, and SKALEs role in the space. Watch the full discussion below.

AI & Web3 Op-Ed

Additionally, It’s way too soon for a marriage of AI and Web3, an op-ed by Jack about why it is too soon to start making plans for a fully automated, decentralized future, was published by Blockworks.

BGA & SKALE Gaming

Lastly, The Blockchain Game Alliance hosted a SKALE-centric AMA featuring Jack, along with partners from VoxelVerse and 0xBattleground for a conversation about the future of blockchain gaming and the role SKALE plays in mass adoption!

Tech Reads

Decentralized Blockchains-as-a-Service - Just like AWS transformed cloud computing, SKALE's Blockchain-As-A-Service revolutionizes blockchain adoption by providing on-demand EVM blockchains that are scalable, performant, and robustly secure! Learn how SKALE is simplifying Dapp deployment. 

SKALE’s Hybrid Architecture - SKALE is melding the blockchain layers, combining the security of L1, the efficiency of L2, and the flexibility of L3. SKALE VP of Product, Chadwick Strange, dives into how SKALE is offering solutions for ANY decentralized application!

An Overview of Gaming in Blockchain - Discover how blockchain technology is reshaping the gaming industry, and how SKALE's zero gas fees are enhancing user experience and driving mass adoption of web3 games.

All About Shared Security - Shared security is a hot topic in the crypto space, and is one of the pillars of SKALE’s architecture. Learn all about Shared Security models and how SKALE is using it to scale without sacrificing security or decentralization.

What's Next

August is already shaping up to be another record-setting month for SKALE. Thank you for being a part of this exciting SKALE journey, the momentum is growing. 

Stay tuned for the upcoming July Engineering update!

About SKALE

SKALE is the world's fastest blockchain, designed for fast, secure, user-centric Ethereum scaling. SKALE chains offer zero gas fees to end-users and have advanced features such as on-chain file storage, interchain messaging, zero-cost minting, ML/AI smart contracts, and enhanced security features. 

The SKALE network enables developers to deploy their own EVM blockchain in minutes without sacrificing speed, security, or decentralization. Welcome to the SKALEverse.

More Information on SKALE

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