Orange’s aim is to create an inclusive ecosystem for seamless integration in gaming and the metaverse.
Today marks a major milestone with the launch of Pyth Price Feeds on Orange, a Layer 1 blockchain dedicated to User Generated Content (UGC) tools for gaming, AI, and metaverses to support Web3 developers in building and monetizing virtual worlds on the Orange UGC platform.
Developers on Orange can now access over 500 real-time data feeds for both digital and traditional assets, thanks to the Pyth Network’s pull oracle, which will provide users with the lowest-latency price updates directly on-chain, making integration seamless and enhancing composability.
Wayne, CMO of Orange Web3, said, “By teaming up with Pyth, Orange is harnessing the power of real-time financial data to supercharge the GameFi ecosystem on our platform. This collaboration not only boosts transparency but also opens the door to exciting new possibilities for both creators and users.”
The integration of Pyth Price Feeds will allow developers on Orange to use sub-second price information for digital assets, ensuring that in-game transactions are based on the most accurate data available. This rapid update frequency supports safer and more responsive consumer solutions, enhancing the overall user experience and trust in the platform.
Orange is designed as a comprehensive ecosystem to empower integration in gaming and the metaverse. It offers a range of tools for developers to build engaging virtual worlds, including:
- GameFi Economy Creation for managing in-game economies
- Leaderboards and Reward Systems for player engagement
- AI Avatar Creation for unique digital personas
- Voice-activated asset Builders for easy in-game asset creation
- NFT Deployment for launching NFTs within games
Warner further commented, “The potential of pull oracles in enhancing creator platforms are largely untapped, and we’re all geared up to explore this frontier. Together with Pyth, we’re setting the stage to empower and elevate the next wave of Web3 creators.”
Retrieved from: https://www.cryptotimes.io/2024/05/22/orange-ugc-platform-transforms-gaming-with-pyth-integration/
