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Home » Economics » Unreal Engine tool integrates LUKSO before Solana, Bitcoin – Bitcoinist

Unreal Engine tool integrates LUKSO before Solana, Bitcoin – Bitcoinist

19/09/2023 22:33:11
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Unreal Engine, a development framework for deploying interactive 2D and 3D content by Epic Games, has integrated LUKSO’s mainnet and standards into its recently improved Blockchain integration plugin, according to a September 19 report. Tweeter. The tool currently supports various platforms, including Polygon and Avalanche.

LUKSO supported by Unreal Engine Blockchain integration plugin

This incorporation, LUKSO added, means that users will be free to interact directly with the games’ universal profiles and flexible non-fungible tokens (NFTs). Universal profiles in LUKSO are interoperable and represent verified digital identities, allowing users to control their avatars and digital assets online.

Interested users can purchase and download the blockchain tool. According to Unreal Engine Documentation, the plugin is a set of tools and libraries that allow game developers to integrate blockchain functionality into their games. This capability is possible since the plugin can communicate with smart contracts programmed using Solidity.

The engine can communicate with smart contracts compatible with the Ethereum Virtual Machine (EVM), including LUKSO. Unreal Engine also reveals that the plugin allows users to create, transfer and use non-fungible tokens (NFTs) as a “gateway” for exploration. Users can also use the plugin to integrate play-to-earn (P2E) features.

Hours after this deal was made public, LYX, the native token of the LUKSO blockchain, remains stable but firm. Like the broader crypto market, the coin is recovering after posting steep losses starting in mid-August. As of writing on September 19, LYX is changing hands at $5.56, down 43% from July highs when the token was listed on KuCoin, a cryptocurrency exchange.

LUKSO Price on September 19 | Source: LYXUSDT on Binance, TradingView

Planned support for Bitcoin, Solana and OpenSea

Initially, when blockchain integration tool Unreal Engine was launched, it only supported Ethereum, the pioneering smart contract platform whose NFT and gaming ecosystem is relatively more active.

However, subsequent updates saw Epic Games integrate zero knowledge rollups, Immutable X and Optimism, layer 2 solutions intended to scale Ethereum while keeping transaction costs low. Before this update, the plugin also supports ERC-20 and ERC-1155 standards.

Epic Games and Unreal Engine integrate LUKSO features before Solana, although the former are EVM compatible. While Solana offers high scalability and low trading fees, LUKSO is co-founded by Fabian Vogelsteller, the author of the ERC-20 standard, a model that powers thousands of tokens, including UNI, Uniswap’s native token; and MKR, Maker’s governance token.

Vogelsteller is considered one of the few people who shaped Ethereum in its early days. The engine plugin will also support OpenSea and Bitcoin in upcoming releases.

Featured image from Canva, chart from TradingView



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