Myria

Myria is a decentralized Ethereum Layer 2, developed for digital assets, non-fungible tokens (NFTs), and blockchain gaming. It combines a gaming platform with applications, tools, and scaling infrastructure for the blockchain. Myria’s Ethereum L2 scaling solution utilizes zero-knowledge technology (zk-STARKs with StarkEx) to “roll-up” or bundle different L2 transactions into one. This sends a validity proof to the major blockchain for the security of L1 Ethereum.

Myria, scaled by StarkEx L2 scaling engine, was created to scale NFTs, blockchain gaming, and more. Myria is developed in partnership with StarkWare. The platform offers trade confirmation without gas fees when minting and trading NFTs and provides security for users' assets.

According to the platform, Myria's L2 was developed with StarkWare's STARK prover. It uses zero-knowledge rollup (ZK-Rollup) technology to compile various transfers into a single transaction, in order to facilitate about 9,000 transactions per section (TPS).

Myria's ecosystem consists of the following:

• Myria Platform: An Ethereum L2 platform consisting of Myria Wallet, Myria NFT marketplace, and others, powered by StarkWare
• Myria Developer Solutions: a decentralized NFT and blockchain solutions platform consisting of APIs, SDKs, and other business success solutions
• Myria Infrastructure: a scaling solution that uses ZK-Rollup to enable dApps to facilitate transactions and security
• Myria Partners: Myria's full-stack solution
• Myria Studios: a gaming studio creating a range of AAA games in an interconnected ecosystem
• Myria Nodes: The Myria platform is supported by Myria Nodes. Myria Node operators get limited edition NFTs, token rewards and others.

Myria designed a suite of developer tools to streamline blockchain interactions for developers and assist builders in harnessing Myria’s technology. Developers can connect to Myria’s SDK to launch their blockchain projects. Myria’s suite of developer tools includes an array of application programming interfaces (APIs), software development kits (SDKs), and a domain-specific language (DSL). It aims to facilitate writing and interacting with smart contracts.

Different transactions, from minting an NFT and launching a collection to transferring or exchanging existing tokens, do not need smart contracts or network knowledge on the part of the developer. Developers who are able to connect to a REST API can produce, manage, and interact with tokenization projects on Myria L2.

Vital to the objective of accomplishing the above without restricting use case flexibility will be Myria’s tokenization rules engine and domain-specific language (DSL). Myria’s rules engine and DSL claim to grant developers the ability to customize low-level aspects of their assets, allowing usage from more novices.

Future features of the Myria platform focus on improving on UX and promoting different ways that users can interact with NFTs. Myria is creating a blockchain platform that enables users to interact with the L2 ecosystem, including those below:

• Myria L2 Wallet: A non-custodial cryptocurrency wallet that allows interactions between tokens and assets on Myria L2.
• NFT Marketplace: A Web3 marketplace to trade digital assets and collectibles across Myria-powered projects and games.

MYRIA is an ERC-20 utility token. The token serves as the basis for transactions on the Myria Layer 2 scaling protocol with extra in-game utilities amongst chosen game titles. MYRIA will be distributed to players, node operators, and other participants in the ecosystem to develop a circular economy between users for ecosystem growth. The total supply is 50 billion MYRIA tokens.

MYRIA token possesses the following utility:

• Protocol Fee: A proportion of protocol fees on each Myria transaction will be paid in MYRIA token
• Myria node purchase: Myria Nodes can only be bought with MYRIA tokens.
• Staking: Staking rewards will be introduced when protocol fees are implemented. A staking reward pool will allow those who meet the staking requirements of MYRIA tokens to get rewards from this pool.
• Governance: Holders of MYRIA can decide the future direction of Myria. Governance will be introduced where MYRIA token holders can vote on potential development and the strategic direction of the ecosystem.
• Exclusive NFT purchase: MYRIA tokens will be used for buying exclusive NFT collections under Myria Studios

Myria token allocation