Crypto Project Klaytn To Offer Gas Fee Rebates To Gaming Firms

The open-source Korean blockchain, Klaytn, is introducing a gas fee rebate program to enable gaming companies to defray gas costs associated with already-built blockchain games. By offsetting both user gas fees paid by gaming firms through Klaytn’s gas fee delegation function and gas prices incurred by gaming companies’ own Externally Owned Accounts or Contract Accounts, Klaytn’s gas fee rebate scheme would lower barriers to greater Web3 adoption. We're launching a gas fee rebate program to allow gaming companies to offset gas fees from existing blockchain games built on Klaytn 🎮 Find out more and how to apply here:https://t.co/I9z2z9SJ5K pic.twitter.com/KleBFnx84g — Klaytn (@klaytn_official) September 28, 2022 David Shin, Head of Global Group, Klaytn Foundation, said, “With our vision to enable an open metaverse for all, Klaytn aims to build a dynamic gaming ecosystem that allows players to own their in-game assets.” Klaytn’s Existing Services Currently, Klaytn offers a function that allows businesses or projects to pay the gas fees for their consumers. With the requirement to purchase cryptocurrency to pay gas fees before being able to play, one of the main barriers to new players joining blockchain games is eliminated by this functionality. Selected game companies would be eligible for a 100% offset of their gas expenses incurred starting in January 2022 for up to $100,000 in KLAY every month under the new gas fee rebate p...