GAYA Blockchain: New Blockchain L1 from UAE

Gaya Blockchain is an upcoming innovative blockchain that unifies gaming, decentralized finance (DeFi), SocialFi, and real-world asset tokenization into one easy-to-use ecosystem.

AED 20 million has been raised from Capstone Technology Group as its lead venture capital firm based out of the UAE.

Gaya will be powered by its native utility token, GayaCoin, and GAYA aims to bridge fragmented digital landscapes while promoting sustainability, inclusivity and user empowerment.

• It is reported that the public sale of GayaCoin will be released in the first quarter of 2025.

GAYA has ambitions to not only satisfy the institutional market as the most advanced Blockchain coming out of the UAE but also to facilitate better consumer engagement than EVM for developers and users.

Founding Team: Abdullah Al-Maksour, Aws Bashir, and Sanad Al-Asiri.

Key points

1. Unified Ecosystem: GAYA integrates diverse digital domains such as gaming, DeFi, SocialFi and premium real-world assets into a cohesive platform.
2. Sustainability: The platform pioneers environmentally friendly blockchain practices, including carbon tracking and incentivized green initiatives.
3. Empower Users: Democratize access to premium assets and decentralize governance, giving users control over the future of the platform.
4. Strategic Regional Leadership: As the first tier 1 blockchain in the UAE, Jaya is uniquely positioned to connect blockchain adoption locally and globally.

Vision and mission

GAYA envisions a blockchain future driven by sustainability, inclusivity and user empowerment. Its mission includes: Unifying digital ecosystems: bringing together gaming, DeFi, SocialFi and premium real-world assets on one accessible platform. Promoting sustainability: Adopting environmentally friendly blockchain practices, including low-energy protocols and incentives for green initiatives. Empowering users: Ensuring decentralized governance and broad access to premium digital tools.

Ecosystem overview

GAYA runs on a scalable layer-one blockchain and supports decentralized applications (dApps) powered by GayaCoin. Main components include:

1. Play to win games

   Players earn GayaCoin and NFTs, which can be traded, stored or reinvested within the ecosystem. Combines engaging gameplay with tangible financial rewards.

2. Divi platform

   Provides mortgage, lending and borrowing services focused on sustainability. Prioritize green investment opportunities.

3. Social integration

   Reward content creators via decentralized revenue sharing models. It features innovative governance structures to empower users.

4. Asset tokenization in the real world

   • Enabling partial ownership of tangible assets such as renewable energy projects.
   • Facilitating environmentally friendly investments, making access to sustainable assets more accessible.

   Strategic positioning

   As the first tier 1 blockchain in the UAE, GAYA integrates culturally relevant and energy-efficient solutions to drive its adoption locally and globally. The platform’s unique location allows it to:

   • Lead Sustainability: Through low energy protocols and environmental incentives, GAYA reduces its environmental impact.
   • Empowering Users: Promotes inclusivity through decentralized governance, empowering users to shape the platform.
   • Developer Support: Provides powerful tools like SDKs, APIs, and Testnet, along with incentives like grants and bug bounties.

Basic features of GAYA

GAYA’s unique infrastructure is designed to address key blockchain challenges such as scalability, sustainability, interoperability, and governance. Here are its notable features:

1. The first layer of the block chain

   • The Proof-of-Stake (PoS) consensus mechanism eliminates energy-intensive mining.

   • High Throughput: Processes thousands of transactions per second (TPS) with minimal latency.

   • Security and Decentralization: Ensures strong network integrity without intermediary chains.

2. Eco-friendly design

   • Carbon Tracking: Records the carbon impact of transactions, promoting environmentally friendly use.

   • Sustainability Incentives: Reward users who support green initiatives.

   • Energy Efficiency: PoS technology reduces power consumption while maintaining security.

3. Interoperability via Gaya Virtual Machine (GVM)

   • Ethereum Compatibility: Fully supports the Ethereum Virtual Machine (EVM), enabling seamless migration of Ethereum-based decentralized applications.

   • Enhanced Collaboration: Enhances interoperability between the GAYA and Ethereum ecosystems.

   • Scalability: Designed to handle large-scale decentralized applications with consistent performance.

   Key milestones and future expectations

   • Funding Success: GAYA raised over AED 20 million from Capstone Technology Group, a leading venture capital firm based in the UAE.
   • Token Generation Event (TGE): Scheduled to take place in Q1 2025, the launch of the $GAYA token represents an important step forward.
   • Leadership Team: The platform is led by Abdullah Al Maksour, Aws Bashir, and Sanad Al Asiri, all of whom are based in the UAE and have a vision to shape the blockchain landscape.

Why does Gaia stand out?

• Sustainability Focus: By incorporating green practices and rewards, GAYA aligns with global sustainability goals.
• User-centric approach: Decentralized governance ensures that users have a say in the evolution of the platform.
• Innovative technology: GVM compatibility and high-performance features enable seamless integration with decentralized applications.
• Regional and Global Impact: As a leading tier-1 blockchain network in the UAE, GAYA bridges the gap between regional innovation and global adoption.

conclusion

GAYA represents a paradigm shift in blockchain technology by seamlessly blending gaming, DeFi, SocialFi, and real-world asset tokenization. Its commitment to sustainability, inclusivity, and user empowerment makes it a standout platform in the blockchain space. With a robust infrastructure, green design and forward-thinking team, GAYA is poised to redefine how digital ecosystems operate, both in the UAE and beyond. Look for the launch of GayaCoin TGE in Q1 2025.

Twitter (X): https://x.com/GayaBlockchain

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