Japanese NFT issuer Doublejump.Tokyo will now build their new projects on Dapper Labs’ Flow blockchain. The issuer is also planning to move ports of its ETH-based game catalogue as well.
Doublejump.Tokyo manages titles like My Crypto Heroes and My Crypto Saga that had relied on Ethereum since its launch in 2018. But for the past few years, Ethereum blockchain has been facing scaling woes as well as expensive transaction fees. The firm said in a press release that due to these friction issues, they relocated to other blockchains.
Although My Crypto Heroes has a pretty small footprint in peer-to-peer trading (around $7,700 in P2P trading according to CryptoSlam), the company’s relocation to Flow speaks about the trade-offs NFT developers must weigh in deciding for their projects. Ethereum is the biggest and the most visible platform but has very expensive transaction fees.
Offerings like Flow can take advantage of that to woo developers away from the market leader. Since they aren’t as crowded as the Ethereum blockchain, they can offer a smoother experience without any troubling woes.