- Lotte has adopted Arbitrum blocks to power its Caliverse platform.
- Caliverse aims to introduce on‑chain crypto payments and in‑game transactions with ARB token support.
- Arbitrum’s 250ms block time ensures smooth performance in virtual environments.
South Korea’s Lotte Group, a prominent multinational conglomerate, has partnered with Arbitrum, the largest Ethereum Layer‑2 network, to power its AI‑driven metaverse platform, Lotte Caliverse.
Announced during CES 2025 in Las Vegas, this strategic collaboration seeks to deepen blockchain integration within the metaverse, leveraging Arbitrum’s high‑performance technology to deliver seamless virtual experiences.
Lotte Caliverse to enable on‑chain crypto payments and in‑game transactions
Launched in 2024, Lotte Caliverse serves as a hub for exploring emerging technologies such as artificial intelligence, virtual reality, and blockchain. The platform provides users with an immersive 3D environment where they can shop in virtual stores, attend live concerts, play interactive games, and engage with branded content from global names like 7‑Eleven and Tomorrowland.
With Arbitrum blockchain integration, Lotte Caliverse will soon support on‑chain crypto payments and in‑game transactions, enhancing the user experience by enabling decentralized and transparent digital commerce.
Arbitrum’s industry‑leading 250ms block time makes it a strong choice for powering virtual environments and gaming applications. Steven Goldfeder, CEO of Offchain Labs, the team behind Arbitrum, described the network as “a place for high‑quality performance.”
The integration is designed not only to reduce latency but also to provide intuitive, user‑friendly interactions, setting a new standard for blockchain‑based engagement in virtual worlds.
As part of the partnership, the Arbitrum Foundation awarded Lotte its largest developer grant to date, issued in ARB tokens. While the exact value of the grant has not been disclosed, the milestone underscores Arbitrum’s commitment to fostering innovation in the Web3 gaming and metaverse sectors.
John Park, Head of Korea at the Arbitrum Foundation, expressed pride in collaborating with Lotte and emphasized their shared vision for advancing blockchain‑based virtual spaces. The partnership also reinforces Arbitrum’s position as a major player in the blockchain gaming ecosystem.
In 2024, Arbitrum reported a 72% year‑over‑year increase in gaming usage and now hosts 119 game titles and 23 gaming‑focused chains through its Orbit stack—a customizable toolkit that enables developers to build tailored blockchain solutions and drive innovation across the ecosystem.
Bridging blockchain expertise and retail through Arbitrum
Lotte’s metaverse efforts began in 2022, with the partnership announcement with Arbitrum arriving in 2024. By combining blockchain capabilities with its extensive retail and entertainment portfolio, Lotte aims to redefine virtual interactivity and consumer engagement.
As Caliverse continues to grow, the collaboration with Arbitrum is expected to renew corporate interest in the metaverse, a concept that has experienced fluctuating popularity in recent years.