Gigaverse: A Web3 MMO for Crypto Natives with No Roadmap, Rapid Growth and Strong User Base

Gigaverse is a web3 MMO built for crypto-native users, with a browser-based RPG featuring nostalgic visuals and fast feedback. The game runs on Ethereum and uses a $20 install fee to gate entry, leading to a paying user base of over 75,000 accounts. Gigaverse is designed for modularity, with each experience part of a connected loop, encouraging trading, social strategy, and meta-level planning. The game is building for both casual and whales users.

Kraken, a prominent cryptocurrency exchange, has expanded its reach into the realm of capital allocation for skilled traders by acquiring Breakout, a fast-growing crypto-native proprietary trading platform. This strategic move signals Kraken's ambition to cater to the growing demand for specialized trading services within the crypto ecosystem.

Breakout, known for its advanced trading algorithms and user-friendly interface, has been a key player in the fast-evolving world of crypto trading. By integrating Breakout's capabilities into its platform, Kraken aims to provide its users with enhanced trading tools and a more sophisticated trading environment. This acquisition aligns with Kraken's broader strategy to become a one-stop solution for crypto traders, offering a comprehensive suite of services that cater to both casual and institutional investors.

The acquisition of Breakout also underscores Kraken's commitment to innovation and technological advancement. By incorporating cutting-edge trading technologies, Kraken seeks to stay ahead of the curve in a highly competitive market. This move is particularly timely, given the increasing interest in decentralized finance (DeFi) and the growing demand for sophisticated trading tools that can handle the complexities of the crypto market.

In addition to the acquisition of Breakout, Kraken's recent developments include the integration of Layer 2 (L2) solutions to enhance transaction speed and reduce fees. This initiative is part of Kraken's broader strategy to improve the overall user experience and attract more users to its platform. By leveraging L2 technologies, Kraken aims to offer faster and more cost-effective trading options, making it a more attractive choice for both individual traders and institutional investors.

The acquisition of Breakout and the integration of L2 solutions are part of Kraken's ongoing efforts to position itself as a leader in the crypto trading landscape. By offering advanced trading tools and a user-friendly platform, Kraken seeks to capture a larger share of the market and attract more users to its ecosystem.

References:

[1] Kraken Acquires Crypto-native Proprietary Trading Firm Breakout, CoinMarketCap. Retrieved from [https://coinmarketcap.com/community/articles/68bb425d79f3596e1c0574db/](https://coinmarketcap.com/community/articles/68bb425d79f3596e1c0574db/)
[2] Coinbase Adds AWE Network to Base Roadmap, AINvest. Retrieved from [https://www.ainvest.com/news/coinbase-strategic-expansion-base-awe-token-catalyst-institutional-adoption-ethereum-layer-2-ecosystem-2509/](https://www.ainvest.com/news/coinbase-strategic-expansion-base-awe-token-catalyst-institutional-adoption-ethereum-layer-2-ecosystem-2509/)