Lotte Group Partners with Arbitrum
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 progressive options powered by Unreal Engine 5.
Supply: CaliverseWhat’s Lotte Caliverse?
The Lotte Caliverse is designed to offer 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 akin to Givenchy and Tomorrowland.
Objects bought inside the metaverse can be delivered to clients in the actual world.Leisure Occasions:
Digital concert events and occasions, together with performances by Ok-pop and international artists, will permit customers to expertise reside leisure in a digital format.Gaming:
The platform provides interactive video games, together with Caliverse: Invasion, the place customers can collaborate or compete in multiplayer situations. Future updates are anticipated to allow customers to design customized video games.
To reinforce the consumer 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 further {hardware}.
The Caliverse can now be downloaded from the official web site, with common updates and content material expansions deliberate all year long.
Supply: CaliverseWhy did Lotte select Arbitrum?
Lotte chosen Arbitrum because the blockchain basis for the Caliverse because of its capacity to deal with excessive transaction volumes effectively.
Arbitrum’s Layer 2 resolution enhances the efficiency of blockchain functions by lowering transaction prices and guaranteeing low latency, making it very best for complicated digital ecosystems just like the Caliverse.
“Arbitrum’s blockchain is the perfect residence floor for Lotte Caliverse, delivering industry-leading 250ms block instances 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.
