POLY

Polygon Building Strong Foundations for Comprehensive Gaming Ecosystem

by BSC News

March 5, 2023

chain

Polygon is becoming a popular choice for blockchain game developers due to its software development kits, treasury fund, and NFT gaming partnerships.

Web3 Gaming Set to Flourish on Polygon

Polygon, a layer 2 scaling solution for Ethereum, has quickly become a popular choice for game developers looking to create blockchain-based games.

With its plug-and-play software development kits (SDKs), Polygon enables developers to add blockchain elements to their games seamlessly. The platform has also attracted some of the most significant Web3 game projects and companies, including Animoca, Decentraland, Somnium Space, and Sandbox.

Polygon's $100 million treasury fund is another advantage that studios and developers can leverage to propel their initiatives, offering a unique opportunity to build groundbreaking games and features.

The platform has gained a reputation for offering a top-notch gaming experience, attracting over 100,000 users within a few months of launching Polygon Games.

Polygon has extended its reach beyond the Web3 space and is collaborating with Web2 firms like Stripe, Meta, and DraftKings, making it an increasingly important player in the broader gaming industry. Polygon's strategic partnerships with NFT gaming platforms OpenSea, Fractal, and Magic Eden highlight the platform's commitment to the intersection of gaming and blockchain technology.

Ryan Wyatt, who previously headed YouTube's Gaming vertical, is now the president of Polygon Labs. He recently opened up to CoinTelegraph on how Polygon are proving to be an enticing proposition for prospective partners.

According to Wyatt, Polygon has created an exceptional partner onboarding experience that makes transitioning to their platform a breeze. "We've built this great funnel for partners to come through and make the onboarding to Polygon really seamless," he explains.

Polygon's Web3 strategy takes a holistic approach by incorporating Web2 companies, including Starbucks, Adobe, Clinique, and Stripe, to integrate Web3 functionality.

Polygon's $450 million funding round in February 2022 should offer the impetus to continue expanding on the Web3 front. In establishing partnerships with both Web2 and Web3 game distribution and development channels, Polygon has laid a strong foundation for a comprehensive gaming ecosystem that covers all aspects of gaming. With its infrastructure, including smart contracts, tokens, decentralized storage, and consensus algorithms, Polygon is initiating a commanding presence within gaming, backed by its dream team.

What is Polygon:

Polygon is a “sidechain” scaling solution that runs alongside the Ethereum blockchain — allowing for speedy transactions and low fees. MATIC is the network’s native cryptocurrency, which is used for fees, staking, and more. The effectiveness of Polygon as an alternative to Ethereum has seen existing projects such as Aave and Curve adopting its chain.

For more about Polygon:

Website | Twitter | GitHub | Reddit | YouTube

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