South Korea’s Lotte Group has introduced a strategic partnership with Arbitrum—a Layer 2 Ethereum blockchain community—to launch its new digital platform, the Lotte Caliverse.
The challenge was unveiled at CES 2025 and goals to mix digital and real-world interactions by incorporating buying, gaming, and leisure right into a unified metaverse expertise.
The Caliverse will leverage blockchain expertise to make sure safe and seamless transactions while providing revolutionary options powered by Unreal Engine 5.
Supply: CaliverseWhat’s Lotte Caliverse?
The Lotte Caliverse is designed to supply an immersive digital surroundings with sensible functions in retail, leisure, and gaming. Key options embrace:
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- Digital Purchasing: Customers can discover a digital mall that includes luxurious manufacturers similar to Givenchy and Tomorrowland. Objects bought throughout the metaverse can be delivered to prospects in the true world.
- Leisure Occasions: Digital live shows and occasions, together with performances by Okay-pop and world artists, will enable customers to expertise dwell leisure in a digital format.
- Gaming: The platform affords interactive video games, together with Caliverse: Invasion, the place customers can collaborate or compete in multiplayer eventualities. Future updates are anticipated to allow customers to design customized video games.
To reinforce the person expertise, the Caliverse incorporates superior expertise, together with a glasses-free 3D utility and AI-powered interactive components. These options goal to make the metaverse extra accessible and interesting for customers with out requiring further {hardware}.
The Caliverse can now be downloaded from the official web site, with common updates and content material expansions deliberate all year long.
Supply: CaliverseWhy did Lotte select Arbitrum?
Lotte chosen Arbitrum because the blockchain basis for the Caliverse resulting from its skill to deal with excessive transaction volumes effectively. Arbitrum’s Layer 2 answer enhances the efficiency of blockchain functions by decreasing transaction prices and guaranteeing low latency, making it best for advanced digital ecosystems just like the Caliverse.
“Arbitrum’s blockchain is the ideal home ground for Lotte Caliverse, delivering industry-leading 250ms block times that ensure high-quality performance within virtual worlds and gaming experiences,” mentioned Steven Goldfeder, CEO of Offchain Labs.
The blockchain integration will even help safe digital transactions, permitting customers to buy items, take part in occasions, and work together throughout the metaverse with out delays or interruptions.
