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Honeycomb Protocol acquires Solana Labs’ GameShift platform

Honeycomb Protocol has acquired GameShift from Solana Labs, combining their technologies to advance Web3 gaming for mainstream consumers. The deal aims to make GameShift a 'consumer portal' for bringing non-crypto gamers into the Web3 space. Honeycomb co-founder Karthik M stated that they believe consumer crypto is essential for the industry's progression, positioning Solana favorably for consumer uptake. Honeycomb provides a modular toolkit for game development, while GameShift enhances the consumer experience with gasless wallets and fiat payment options, making blockchain integration more accessible. The goal is to streamline onboarding for gamers, reducing complexities associated with cryptocurrency, thus addressing barriers to Web3 gaming adoption.

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