Yesterday, Dymension Blockchain created its Genesis block. This is a modular blockchain that will offer a way for dApps to launch its RollApp.
As they describe on their presenting blog post.
The Internet of RollApps is a network of chains consisting of RollApps (layer 2s) and the Dymension Hub (layer 1). RollApps are easy-to-deploy modular blockchains that natively integrate with the Dymension Hub, which provides them security, liquidity, and connectivity.
This is a completely new concept, adding a new dimension to the IBC blockchain ecosystem.
RollApps are modular blockchains, instead of maintaining costly validators, RollApps leverage the Dymension Hub (layer 1) for securing their funds and Data Availability (DA) networks for publishing their transaction data.
They also had their airdrop yesterday with millions of qualified wallets from Ethereum and Solana. Today the Dym token is up more than 70%.
It is nice to see how new ideas and concepts keep popping up in this industry. I am anxious to see how the first RollApps launch in the dymension ecosystem.