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Lotte Group Partners with Arbitrum to Launch Lotte Caliverse

10 January 2025
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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 buying, gaming, and leisure right into a unified metaverse expertise.

The Caliverse will leverage blockchain know-how to make sure safe and seamless transactions while providing modern options powered by Unreal Engine 5.

Lotte Group Partners with Arbitrum to Launch Lotte Caliverse Supply: Caliverse

What’s Lotte Caliverse?

The Lotte Caliverse is designed to supply an immersive digital surroundings with sensible functions in retail, leisure, and gaming. Key options embrace:

Digital Purchasing: Customers can discover a digital mall that includes luxurious manufacturers corresponding to Givenchy and Tomorrowland. Objects bought inside the metaverse might be delivered to clients in the true world.Leisure Occasions: Digital live shows and occasions, together with performances by Ok-pop and world artists, will permit customers to expertise dwell leisure in a digital format.Gaming: The platform affords interactive video games, together with Caliverse: Invasion, the place customers can collaborate or compete in multiplayer eventualities. Future updates are anticipated to allow customers to design customized video games.

To boost the person expertise, the Caliverse incorporates superior know-how, together with a glasses-free 3D software and AI-powered interactive components. These options purpose to make the metaverse extra accessible and fascinating 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.

Tomorrowland at Caliverse
Tomorrowland at Caliverse Supply: Caliverse

Why did Lotte select Arbitrum?

Lotte chosen Arbitrum because the blockchain basis for the Caliverse on account of its skill to deal with excessive transaction volumes effectively. Arbitrum’s Layer 2 resolution enhances the efficiency of blockchain functions by decreasing transaction prices and making certain low latency, making it superb for advanced digital ecosystems just like the Caliverse.

“Arbitrum’s blockchain is the best dwelling floor for Lotte Caliverse, delivering industry-leading 250ms block occasions that guarantee high-quality efficiency inside digital worlds and gaming experiences,” mentioned Steven Goldfeder, CEO of Offchain Labs.

The blockchain integration may even help safe digital transactions, permitting customers to buy items, take part in occasions, and work together inside the metaverse with out delays or interruptions.



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Tags: ArbitrumCaliverseGroupLaunchLottePartners
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