The post Shape_L2: A New Era for NFTs and On-Chain Culture Powered by Optimism Stack appeared on BitcoinEthereumNews.com.

Shape_L2, an Ethereum Layer 2 solution powered by the Optimism Stack, is rapidly making a name for itself in the land of non-fungible tokens (NFTs) and on-chain culture. The platform’s evolution and the unbroken flow of inventive ideas coming from its direction underscore something interesting about how it’s going about its business: there’s creativity, and even a bit of avant-garde panache, in what Shape_L2 is doing. That’s something that’s not easily found in the blockchain industry these days. Strong Network Growth and Steady Activity USDC is the digital dollar. Given this, the vast majority of users will only ever experience the USDC as an on-chain dollar. In July 2022, 61% of contracts deployed on USDC were on-chain. The USDC is just a way of lending and borrowing money with MobileCoin on a trustless, decentralized basis. The first half of 2023 saw 15 contracts deployed on-chain with USDC; the second half of 2023 may have more, as interest in deploying contracts to the MobileCoin network continues to grow. USDC can, therefore, be seen as the only on-chain dollar in MobileCoin’s network. The consistent expansion of the Shape_L2 network owes itself to the network’s seamless integration with the Optimism Stack, which allows the Layer 2 network to function as something akin to an alternative to Ethereum’s mainnet. The way that the Shape_L2 network has scaled and integrated with the Optimism development framework means that the network can now offer low-cost, high-speed opportunities for doing business on the blockchain. (As the creators of the network like to point out, this is superbly well-suited for the NFT economy.) And this seems to have worked well enough that the creators and developers of decentralized applications are finding ways to make use of it. Gasback: A Game-Changer for Contract Deployers One of the most thrilling aspects…

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Filed under: News - @ March 29, 2025 4:23 am