Reality+ has partnered with HBAR Foundation to provide high-quality digital collectible solutions using the Hedera network for all their Web3 projects for global brands.
Reality+ assists global brands, such as BBC Studios, ITV Studios, FIFA, and Paul Frank, in adapting to the new generation of networks through immersive experiences, including games, metaverses, and digital collectibles. All Reality+ projects will now exclusively utilize the services of the Hedera Network due to its unique capabilities and functionalities.
Hedera offers low, fixed fees and tamper-proof royalties that are enforced at the protocol level. Transactions are scalable, and the carbon footprint is negative, making Hedera the best network for offering the latest decentralized technologies.
Hedera was specifically created to provide seamless Web3 experiences on a large scale. The network can process over 10,000 transactions per single shard and ledger without compromising network security, environmental sustainability, or stability.
Reality+ will leverage Hedera to produce up to 1.4 million digital collectibles that have already been purchased by gamers as part of their game portfolios. Additionally, the consensus on the Hedera network is extremely lightweight, allowing for very low transaction costs, approximately $0.0001.
In addition to its technical achievements, Hedera is also the most sustainable public distributed ledger in terms of average energy consumed per transaction (0.00017 kWh), according to a recent study conducted by University College London.
Tony Pearce, CEO and co-founder of Reality+, said, “We are thrilled to exclusively use the Hedera network for all our future projects, and the benefits are visible for both our brand partners and fans of our content. Together with the amazing Hashgraph technology from Hedera, we aim to deliver an exciting, fast, scalable, and sustainable future for entertainment content.”
“The Hedera network was specifically created to enable large-scale tokenization,” said Shayne Higdon, CEO of the HBAR Foundation. “Through this longstanding collaboration, we hope to combine the unique benefits of digital collectibles on the network with Reality+’s industry expertise and their partnership with global brands to seamlessly enter the world of Web3 and establish their presence on Hedera.”
Alex Russman, Director of Consumer Investment Fund, added, “With projects like Road Code and FIFA OwnTheZone, Reality+ has brought leading sports brands into Web3 technology using Hedera. We are excited about the long-term partnership between Reality+ and THF, supporting the world’s best brands in their journey towards modern technologies.”
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The source of the article is from the blog be3.sk