|Ethereum blockchain||gas fees||Jumpnet||Lost Relics||NFT marketplace|
Lost Relics has created an interesting solution to solve their gas fee issues on the Ethereum blockchain. They have created a custom solution that allows players to trade NFTs on Ethereum mainnet without paying any gas fees. It’s literally an in-game workaround.
Any dapp built on Ethereum needs to deal with high gas prices in recent months, also Lost Relics. The developers of Lost Relics were in the process of migrating the transfer process of NFTs to Enjin’s JumpNet. However, before they implemented their JumpNet fix, the lead developer decided to create an in-game solution instead.
In a Discord announcement posted in late April, the lead developer explained why he implemented the limitation of auto-transfers out of the game. He did this, because he wanted to prevent automatically approved, but very expensive gas prices. This would result in players spending hundreds of dollars to transfer one NFT. The developer explained that this freeze on auto-transfers was implemented to save people money, but it resulted in backlash from the community.
Not long after that post, a Medium post explains the reasoning behind launching an entirely new in-game solution to allow players to transfer out their items. As the developer explains, the core issue was that players were unable to trade NFTs with other players. But who wants to pay a $50 gas fee to transfer a $20 game item for Lost Relics?
A new NFT marketplace
Lost Relics now introduced an in-game fix which establishes a new marketplace in the Royal Emporium that holds mainnet NFTs. All of these NFTs can be traded with other players via a new token that is pegged 1:1 to JENJ (Enjin’s JumpNet representation of the ENJ token). Whenever requested, the system can send the new in-game token to the player’s wallet, where the player can trade however they wish.
Even though the solution seems like a smart move, this is not a permanent solution. As explained in the Medium post, “this temporary solution will allow Lost Relics to lift above the construction work and continue in a seamless fashion until the construction work below is more complete.”
The construction work in question is Enjin’s new blockchain Efinity, which has been designed to support next-generation tokens and NFTs. JumpNet, which launched on April 6th 2021, is a bridge network that allows for free and instant transactions.
While the gaming community eagerly awaits the launch of Efinity, not every Enjin-based project can stop development in the meantime. This new solution from Lost Relics creates a viable solution that allows players to trade NFTs without paying any gas fees.
What is Lost Relics?
Lost Relics is a blockchain-powered dungeon crawler. The adventures you embark on are dangerous and you’ll need your weapons and skills as you venture on your quest! In this third-person action role-playing game, adventurers need to defeat monsters, find loot and make it to the end of the maze. One mistake could lose players a fortune.
There is loot of unimaginable value to find and each dungeon is unique with well over four billion variations. Hack and slash your way through undiscovered lands on your quest for loot. Each chest players stumble across is a chance at discovering some of the rarest artifacts in the universe!
The items in Lost Relics are a mixture of Fungible and Non-Fungible tokens (digital goods and collectibles). Each item has a limited supply making them provably rare and unique and give you the confidence that the ERC-1155 crypto-collectible you hold is truly a limited item without a possibility to create more.
In towns, players can explore the universe, find information for quests and start encounters, dungeons, and events. Encounters will happen occasionally, while events are seasonal. Dungeons will always be there and offer endless variation in design, enemies, and loot.