What is Myria (MYRIA)?
Quick Facts
- Token: MYRIA, an ERC-20 utility token
- Blockchain: Ethereum Layer 2 (ZK-Rollup)
- Technology partner: StarkWare
- Transaction fees: Zero gas fees for NFT and gaming transactions
- Throughput: Up to 9,000 transactions per second
- Security audit: Fully audited by Hacken
- Ecosystem: Includes Myria Studios and the Myriaverse metaverse
Introduction
Myria is a blockchain gaming ecosystem built on an Ethereum Layer 2 scaling solution. It is designed to make blockchain gaming and NFT experiences fast, affordable, and accessible — without sacrificing the security of the Ethereum network.
The native MYRIA token is an ERC-20 utility token that powers transactions across the platform and provides in-game utility within selected game titles.
History & Background
Myria was created to solve the core scalability problems that have long hindered blockchain gaming adoption: prohibitive gas fees and slow transaction speeds. The platform was developed in collaboration with StarkWare, a leading provider of zero-knowledge cryptography technology.
Myria launched its Ethereum L2 scaling solution with a team of over 150 employees who brought experience from both the gaming and blockchain industries.
How Myria Works
Myria uses Zero-Knowledge Rollup (ZK-Rollup) technology, leveraging StarkWare's STARK prover to bundle thousands of Layer 2 transactions into a single Ethereum transaction. This dramatically increases throughput while keeping costs near zero.
The result is instant trade confirmation and zero gas fees for NFT minting, trading, and blockchain gaming — all while inheriting the security guarantees of Ethereum Layer 1.
For developers, Myria offers an API-first approach with REST APIs and SDKs, enabling game studios to launch NFT projects or full blockchain games quickly, without needing to write Solidity or other blockchain-specific code.
Tokenomics
MYRIA is the economic backbone of the entire Myria ecosystem. The token is used for transactions on the Layer 2 protocol and carries additional utility within specific game titles on the platform.
Distribution is structured to foster a circular economy, with tokens allocated to players, node operators, and broader ecosystem participants. This incentive model is designed to reward those who contribute to network health and growth.
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Circulating supply
| 45.84 billion MYRIA |
|---|---|
| |
|
Total supply
| 50.00 billion MYRIA |
|
Max supply
| 50.00 billion MYRIA |
Ecosystem & Use Cases
The Myria ecosystem has several key components:
- Myria Chain: The Layer 2 infrastructure for scalable, fee-free gaming and NFT transactions.
- Myria Studios: A first-party game development studio focused on AAA-quality blockchain games.
- Myriaverse: A connected metaverse bringing Myria's games and communities into a shared virtual world.
- Node Network: A decentralized network of player-run nodes that validate transactions and earn daily MYRIA rewards.
- Developer Tools: Open SDKs and APIs that allow third-party studios to integrate blockchain features without complexity.
Team, Governance & Community
Myria was built by a large, experienced team with backgrounds spanning traditional gaming and blockchain development. The platform encourages community participation through its node operator program, where participants help secure the network and earn token rewards in return.
The project maintains active communities across Discord, Telegram, Twitter, and other social platforms.
Advantages
- Zero gas fees make blockchain gaming economically viable for everyday players.
- ZK-Rollup technology ensures transactions are both fast and cryptographically secure.
- Developer-friendly SDKs lower the barrier for game studios entering Web3.
- StarkWare partnership brings battle-tested zero-knowledge infrastructure to the platform.
- Integrated ecosystem combining a chain, studios, metaverse, and marketplace in one place.
Risks & Challenges
- Competition: Many Layer 2 solutions target the gaming vertical, creating intense competitive pressure.
- Adoption curve: Mainstream blockchain gaming adoption remains uncertain and early-stage.
- Centralization risk: Block production is currently limited to the platform operator.
- Market volatility: As a gaming-focused utility token, MYRIA is subject to broader crypto market swings.
Long-Term Vision
Myria's long-term goal is to become the foundational infrastructure layer for blockchain gaming globally — connecting game developers, players, and NFT communities within a single, interoperable ecosystem. By combining scalable Layer 2 technology with a growing library of games and a unified metaverse, Myria aims to bridge the gap between traditional gaming and the ownership-driven future of Web3.
Frequently Asked Questions
- What is the MYRIA token used for?
MYRIA is an ERC-20 utility token used for transactions on the Myria Layer 2 protocol. It also provides in-game utility within selected game titles on the platform.
- Does Myria charge gas fees?
No. Myria's Layer 2 solution enables zero gas fees for NFT minting, trading, and blockchain gaming transactions. This is made possible by ZK-Rollup technology.
- What technology does Myria use to scale Ethereum?
Myria uses Zero-Knowledge Rollup (ZK-Rollup) technology, developed in partnership with StarkWare. It bundles thousands of transactions into a single Ethereum transaction, increasing speed and reducing cost.
- What is Myria Studios?
Myria Studios is the first-party game development arm of the Myria ecosystem. It focuses on building AAA-quality blockchain games that leverage the Myria chain's infrastructure.
- What is the Myriaverse?
The Myriaverse is Myria's interconnected metaverse, designed to bring together games, communities, and digital assets built on the Myria platform into a shared virtual world.
- How do node operators participate in the Myria network?
Node operators run player-operated nodes that contribute to block production and network validation. In return, they earn daily rewards in MYRIA tokens and NFTs based on their contribution.
- Can third-party developers build on Myria?
Yes. Myria provides open-source SDKs and REST APIs that allow third-party game studios and developers to integrate blockchain features without needing to write blockchain-specific code like Solidity.
- Is the MYRIA smart contract audited?
Yes. The MYRIA token smart contract has been fully audited by Hacken, an independent blockchain security firm.