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 purchasing, gaming, and leisure right into a unified metaverse expertise.
The Caliverse will leverage blockchain expertise to make sure safe and seamless transactions while providing progressive options powered by Unreal Engine 5.
What’s Lotte Caliverse?
The Lotte Caliverse is designed to offer an immersive digital surroundings with sensible purposes in retail, leisure, and gaming. Key options embrace:
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- Digital Procuring: Customers can discover a digital mall that includes luxurious manufacturers resembling Givenchy and Tomorrowland. Objects bought inside the metaverse can be delivered to prospects in the true world.
- Leisure Occasions: Digital live shows and occasions, together with performances by Ok-pop and international artists, will enable customers to expertise reside leisure in a digital format.
- Gaming: The platform gives interactive video games, together with Caliverse: Invasion, the place customers can collaborate or compete in multiplayer situations. Future updates are anticipated to allow customers to design customized video games.
To reinforce the consumer expertise, the Caliverse incorporates superior expertise, together with a glasses-free 3D utility and AI-powered interactive parts. These options goal to make the metaverse extra accessible and interesting for customers with out requiring extra {hardware}.
The Caliverse can now be downloaded from the official web site, with common updates and content material expansions deliberate all year long.
Why did Lotte select Arbitrum?
Lotte chosen Arbitrum because the blockchain basis for the Caliverse because of its skill to deal with excessive transaction volumes effectively. Arbitrum’s Layer 2 resolution enhances the efficiency of blockchain purposes by lowering transaction prices and guaranteeing low latency, making it supreme 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 may also assist safe digital transactions, permitting customers to buy items, take part in occasions, and work together inside the metaverse with out delays or interruptions.