Trove was built with the possibility for multi-chain support from the onset.
Since launching, we’ve written over US$265M in marketplace volume across MAGIC and ETH denominated collections to emerge as the dominant NFT marketplace on Arbitrum. During this journey, we have met with (and continue to meet) dozens of potential partners in our mission to become the decentralized game console and expand our ecosystem of game cartridges.
One of the most common questions that we receive: wen L1?
We first saw this dynamic play out with some of our earliest partners (Knights of the Ether and Lost SamuRise) who initially launched on L1 but later moved to Treasure on L2 (Arbitrum). Since then, we’ve heard from our partner prospects that they’ve been planning to launch their projects on L1 first but really want to work with the Treasure ecosystem in some way, shape or form.
To us, this made a ton of sense in order to tap into what is, arguably, a larger market of collectors with deeper liquidity for NFTs (at least for now). By employing this approach, it would allow them to build their brand, grow their community, and set a strong foundation for their project. From there, they could springboard off towards building their game which would require lower transaction costs and higher throughput – everything a scaling solution and L2 like Arbitrum would solve for. As these projects build, we will remain in constant contact and observe their growth while providing support around tokenomics, community growth, go-to-market strategies, game design, and more.
No matter the pathway, whether it’s via L1 or L2, our hope is to be the best partner to pioneer web3 gaming. Trove will play an important role in making this happen by serving as the onramp to Treasure.
How will L1 support work?
Users on Trove will now be able to identify which chain each collection and NFT resides on via the following icons: