Chia Network Launches CODE Framework: Infrastructure for the Open Metaverse

Chia Network Launches CODE Framework: Infrastructure for the Open Metaverse

SOUTH SAN FRANCISCO, Calif.–(BUSINESS WIRE)–Chia Network, Inc. (“Chia” or the “Company”) today announced the launch of its Chia Open Digital Economy (“CODE”) framework with initial efforts focused on supporting the video game industry in its path to a more open metaverse. Providing a sustainable and compliant public on-chain infrastructure, CODE enables game developers to incorporate their creative work into the web3 digital economy, cultivating a flourishing ecosystem for creators and consumers.

Chia’s proof-of-concept game, ChiaTCG, spearheads the launch of the CODE framework. The open-source reference game demonstrates the ease of extensibility of digital assets across IPs and ecosystems, offers a jumpstart to adoption among video game developers, and provides commercial viability for developers leveraging Chia’s NFT1 standard for IP licensing protections and on-chain enforced royalties in perpetuity. Leveraging Chia Offers, trades done directly between the pl

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