Lotte Group operates Arbitrum for Web3 entertainment

Lotte groupthe largest group of five in South Korea, he said Cost of CES 2025 that it has chosen its Arbitrum blockchain Lotte Caliverse.

The Lotte Caliverse will be a 3D adventure powered by AI on the blockchain. Arbitrum has been a popular choice as Layer 2 Ethereum blockchain because of its versatility, and this union will bring several species into the same metaverse.

With more than 90 retail, drug, hotel, financial services, food, and more businesses, Lotte Caliverse includes brands such as Givenchy, MCM, L’Occitane, new, 7-Eleven, and Tomorrowland, along with its limited brands such as Lotte Duty . -Free, Lotte HiMart, and Lotte Cinema.

A next-generation world powered by Epic Games’ Unreal Engine 5, Lotte Caliverse offers users its first entertainment.

Users can shop in digital stores such as Givenchy and MCM and receive real products, attend K-Pop and Electronic music concerts with famous artists such as NMIXX and DJ ALOK, and enjoy music sessions by Tomorrowland, one of the largest dance venues all around the world. music festivals. Users can also enter a variety of games, from dancing with friends to “Caliverse: Invasion” where they avoid aliens. In the future, users will be able to create their own games on the platform.

“Together with the highly trusted blockchain Arbitrum, we are excited to take our first steps into the world of blockchain with Lotte Caliverse, where we will expand Lotte’s strong reputation in retail to provide unique products and services to more than 40 million people,” said Kima. Kim, CEO of Caliverse, in his statement. “Our vision is to create the future of products and entertainment for users, combining the best products related to real-time events and new opportunities on the chain. Receiving the largest support to date in Arbitrum is the first step in creating a sustainable economy that consists of next-generation products, UGC, games, it’s fun.”

Lotte and Arbitrum want to push the boundaries of international events with Lotte Caliverse. At CES, Lotte Caliverse unveiled its latest 3D technology, including software that enables users to view 3D images without the need for glasses. In addition, real-time 3D Chroma Key AI technology provides immersive gameplay in Lotte Caliverse.

In 2024, Arbitrum’s Gaming ecosystem grew by 72% annually, hosting 119 gaming titles and 23 gaming-focused chains. By connecting to the large universe of Arbitrum, Lotte Caliverse benefits greatly from the effects of the Internet.

“Arbitrum’s blockchain is the perfect platform for Lotte Caliverse, offering lock times of 250ms that ensure world-class performance and gaming experience,” he said. Steven GoldfederCEO at Articles about Offchain Labsthe founders of Arbitrum technology, in his words. “With Arbitrum now supporting Lotte Caliverse, sports events will be seamlessly integrated across the chain and will eliminate market delays, providing users with a simple, consumer-friendly experience that sets a new level for Arbitrum’s real-world operations.”

“We are excited to announce our new partnership with Lotte, a leading cross-border company in Korea and Japan. Their bold decision to integrate blockchain technology into the Lotte Caliverse demonstrates their commitment to innovation, and we are proud that they have chosen Arbitrum to drive the next stage of their journey,” said Mr. John Park, Director of Korea at The Arbitrum Foundation.

Last month, Arbitrum entered into a partnership with gaming giant Ubisoft to help manage gaming experiences within the Web3 ecosystem. This partnership with Lotte adds to this expansion, connecting one of the largest groups in Asia with the Arbitrum blockchain infrastructure.

Users can start viewing Lotte Caliverse today by downloading the game https://caliverse.io/. 3D films and software are expected to be launched in the first half of 2025. The Lotte Group was founded in 1948, with headquarters in Japan and South Korea. It works in 30 countries.