Data: Web3 Game Star Atlas Makes Up 15% of Solana Transactions

Star Atlas, a Web3 gaming platform, has risen to the spotlight within the Solana ecosystem. On-chain data currently shows that the gaming platform accounts for over 15% of the daily transaction volume on the layer-1 Solana blockchain.

Launched in 2021, Star Atlas is a space-themed role-playing game (RPG) built on Solana. The gaming platform has two cryptocurrencies – ATLAS (the in-game exchange currency) and POLIS (a governance token for the Star Atlas community).

Why the Increase?

On October 3, ATMTA, the blockchain company behind Star Atlas, announced the launch of a new toolset enabling developers and creators from Solana and other blockchains to develop their games on its game-themed ecosystem, starting with the browser-based game, SAGE Labs.

The team also open-sourced the game mechanics and documentation for SAGE Labs, paving the way for transparency and decentralization. Developers can also incorporate a new player profile, allowing them to use ATLAS tokens for Solana trades instead of Solana’s native cryptocurrency, SOL. 

The Star Atlas team believes that this and other features will help to add more utility to native tokens. Echoing this line of thought, Star Atlas CEO Michael Wagner said:

“It’s what transforms Star Atlas from just being a set of gaming products to a development platform. You can even commercialize using those [Star Atlas] assets.”

Over 2M Transactions in Daily Volume

Fast forward to today, the Star Atlas ecosystem has seen a massive increase in daily transactions. According to analytics data from blockchain firm Flipside Crypto, the Star Atlas’ SAGE Labs’ metrics show that it accounts for over 2.29 million transactions (representing 15%) of transactions over the past 24 hours on the Solana mainnet.

The latest achievements will likely bolster Star Atlas’ economy which has seen recent struggles. In July, the company downsized its workforce by over 60% to only 45 employees. The project revealed that the team will focus on developing the SAGE Labs game and its branded Crew Mobile app.

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