Klaytn Launches Gaming Gas Fee Rebate Program For Web3 Players

Klaytn, a South Korean blockchain company, has started an effort to allow Web3 gaming firms to build on its network in order to offset gas prices for gamers.

On September 28, Klaytn stated that it will grant gas charge reimbursements to gamers and developers that build on the network.

Klaytn will give up to $100,000 in KLAY tokens every month to pay gas prices for players and contract fees for developers.

“Selected game companies will be eligible for a 100% offset of their gas fees incurred from January 2022 onwards, up to $100,000 worth of KLAY per month per grantee.”

The refund will allow gaming firms to concentrate on expanding their ecosystem, while the gas cost will be covered by the Klaytn Growth Fund. The gas fee support initiative, according to the company, aims to help remove the financial barrier that prevents more people from playing Web3 games.

Klaytn has been campaigning for reduced gas prices for Web3 players. It previously offered the gas charge delegation function, which let cryptocurrency firms pay for their users’ gas fees.

According to David Shin, Head of Global Group Klaytn Foundation, the project is part of the aim to establish a dynamic gaming ecosystem for more players. He said:

“With our vision to enable an open metaverse for all, Klaytn aims to build a dynamic gaming ecosystem that allows players to truly own their in-game assets. Through our gas fee rebate program, we hope to provide more players with opportunities to explore the wonders of Web3 gaming.”

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