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Share Name Share Symbol Market Type Share ISIN Share Description
Online Blockchain Plc LSE:OBC London Ordinary Share GB0006601479 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 12.25 11.50 13.00 12.25 12.25 12.25 994 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 0.1 0.0 0.2 68.1 2

Online Blockchain plc: The Red Village and Umbria Partner to Create a Seamless Gaming Experience

18/01/2022 10:00am

ADVFN Crypto NewsWire


Online Blockchain plc: The Red Village and Umbria Partner to Create a Seamless Gaming Experience

- highly anticipated blockchain game integrates Narni bridge widget into platform -   

Umbria Network is providing The Red Village community with a fast, cheap and easy way to bridge ETH to the Polygon network (WETH) via its new bridge widget.

 

The Red Village is the first dark-fantasy Play-to-Earn (P2E) multiplayer NFT game on the Polygon network (formerly MATIC). NFT 'Champions' - characters played within the game - exist on Polygon. In order to purchase Champions, gamers will need to convert their Ether ($ETH) from the Ethereum mainnet to wrapped ETH on the Polygon network. Players will also require WETH to pay the buy-in when competing in the game's flagship fighting Tournaments. Umbria's Narni bridge widget will enable them to do this faster, and at approximately a 90% discount to other solutions.

 

Umbria's Narni Bridge - https://bridge.umbria.network/ - has already been heavily adopted by the NFT community. The widget has all the core functionality of Narni and can be fully integrated into third party sites. Umbria developers have worked closely with The Red Village to help design a custom, rebranded bridge for its platform whereby players remain within the game's ecosystem and can easily migrate their assets to the correct chain to enjoy a superior, frictionless user experience. 

 

"The widget brings the huge speed and cost-saving advantages of the Narni bridge to end users inconspicuously within their native environment," said Oscar Chambers, Co-founder/lead developer of Umbria Network. "We're delighted to have The Red Village as the premier test case for the widget and are excited to be bringing the Narni experience to this wider gaming audience."

 

Lucien Dorman, Co-founder of The Red Village, commented: "We've seen the Narni bridge used elsewhere in blockchain gaming to great success, and are thrilled to now have our own custom 'The Red Village' branded widget built for in-game use. Not only will this make our player experience easier, but also greatly reduce costs for players. It's a win-win!"

 

The Red Village Mystic token drop (consisting of R4-R6 Champion Genotypes) will be on January 24th (Presale) and 25th (Public sale) - https://theredvillage.com/

 

Any project wishing to integrate the widget into their project's platform should contact francesca@onlineblockchain.io

 

- ends -

 

See the latest data on UMBR on CoinMarketCap and CoinGecko:

 

https://coinmarketcap.com/currencies/umbria-network/news/

https://www.coingecko.com/en/coins/umbria-network

 

 

 

About Umbria

 

https://umbria.network/  

https://bridge.umbria.network/ 

 

Operating within the DeFi and NFT space, Umbria Network enables anyone to migrate cryptocurrency assets across chain cheaply and quickly and earn high APYs on those assets with no impermanent loss. 

 

Umbria's flagship Narni cross-chain bridge is solving current blockchain interoperability issues. Narni removes the difficulty and expense of moving assets between blockchains and is the fastest and cheapest cross-chain liquidity bridge between the Ethereum and Polygon networks. Narni eliminates the barriers to entry for engaging with DeFi applications and NFTs making them much more accessible to a wider audience.  

 

The Umbria ecosystem, built on Polygon, has three major protocols:

  1. A Cross-chain Asset Bridge: enables the fast and cheap transfer of assets between otherwise incompatible blockchains and cryptocurrency networks.
  2. A Staking Pool: users can earn interest on their crypto assets by providing liquidity to the Narni bridge 
  3. A Decentralised Exchange (DEX): an automated liquidity protocol powered by a constant product formula, deployed using smart contracts and governed entirely on-chain. Provides fast and cheap token swapping

 

UK-publicly listed Online Blockchain plc (LSE: OBC) acts as Umbria's coordinator, administrator and advisor. This provides a level of transparency rare in the DeFi space.

 

 

For media enquiries, contact Francesca De Franco - francesca@onlineblockchain.io

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