Paravox migrates to Solana

81Ravens

81Ravens is a video game development company based in Singapore, which has been positioning itself as an emerging force in the E-Sports industry since its foundation in 2020. With a clear goal of expanding the economic scope of esports through the creation of platforms and games that allow anyone to organize competitions, facilitating the participation of a large number of interested parties; as well as creating an ecosystem where incentives are distributed in a fair manner.

Paravox

It is a 3v3 arena first-person shooter (FPS) game and as the flagship title of 81Ravens, it is clear that the developer continuously seeks to promote and give this title great visibility and the best possible conditions for its development, an effort that has been demonstrated with over 100,000 downloads following its release of the private alpha on Epic Games Store.

Why migrate?

Once the focus on Paravox has been made clear, it is not surprising that the most optimal conditions are sought when it comes to the blockchain topic, and that is why Paravox has announced its migration to the Solana network, a network that is recognized for very important points such as:

• Speed: it is known to be one of the fastest blockchain networks, capable of theoretically processing over 710,000 transactions per second.
• Scalability: It uses a hybrid consensus model that combines Proof of Stake (PoS) and Proof of History (PoH), allowing for greater scalability and less congestion.
• Costs: it maintains low costs for transactions, which is beneficial for applications that require.

Here's the text: a high volume of fast and economical transactions.

• NFTs and DeFi Compatibility: Supports a wide range of decentralized finance (DeFi) platforms and non-fungible token (NFT) markets.

All these points are more than important and fit exceptionally well with the ultra-fast gameplay of Paravox.

4.5 million dollars

Paravox has secured $4.5 million in a financing round co-led by Digital Hearts Holdings and Gree Ventures, funding that ensures the integration of Paravox into the Solana network and will accelerate the development and commercialization of the project, as well as expand the development team and game infrastructure.

To celebrate their recent switch to Solana, Paravox has introduced a limited edition Solana-themed skin that will be available for free download until November 15, 2024.

Conclusions

Paravox is a recent project aiming to scale in the world of web3 games, with a team with clear objectives such as 81Ravens. The migration to the Solana network could affirm these points while demonstrating its great potential. We can only wait and see how the project grows with this decision.