Decentral Games and Polygon Studios Partner to Establish Play-to-Earn Economy In the Metaverse
With Polygon, Decentral Games users will enjoy an enhanced gaming experience with faster in-game transactions at lower costs
DUBAI, UAE / ACCESSWIRE / September 9, 2021 / Polygon, a leading full-stack Ethereum scaling solution, today announces it has formed a strategic partnership with Decentral Games, the world’s first metaverse gaming decentralized autonomous organization (DAO), to solve challenges around scalability, interoperability, speed, and transaction costs during play-to-earn games.
Under the partnership, Decentral Games will leverage Polygon’s Proof-of-Stake (PoS) blockchain as an ultra-low fee, carbon-neutral, sustainable, and efficient base of operations to build, enhance, and scale its games.
Polygon’s ethereum scaling solution will allow Decentral Games to eliminate outages and long maintenance periods that can significantly affect the gaming experience – an important challenge to address given the rapidly rising number of users joining the Metaverse.
Enhanced interoperability between Ethereum-based projects, enabled by Polygon’s protocol, will also ensure seamless cross-chain asset transfers, as well as increased liquidity for the community.
Ultimately, Decentral Games’ end users will enjoy faster in-game transactions at lower costs, while having peace of mind knowing that all transactions are carbon-neutral.
Decentral Games CEO Anthony Miles said: “I am excited for our partnership to bring significant advantages to the Decentral Games community, in terms of further enhancing our game mechanics, enabling a more seamless gaming experience, and making mainstream adoption of play-to-earn games a reality.”
Shreyansh Singh, Head of Gaming and NFTs at Polygon, said: “Polygon is thrilled with the developments made by Decentral Games thus far, and we look forward to partnering with them as they continue to innovate and diversify what they can offer as a blockchain entertainment platform and Metaverse.”
Following a series of successful games launches backed by prominent partners and solid financials, Decentral Games is set to accelerate its course in developing the metaverse and play-to-earn economies in the multi-billion-dollar industry.
Decentral Games, built on an Ethereum blockchain, has been developing Layer 2 on Polygon since 2019. Its contributions have become one of the most significant sources of transactions on the Polygon network. As the third-largest node on Polygon, with over $131 million of $MATIC worth of transactions, Decentral Games generates an additional source of revenue for $DG token holders.
Following a series of successful game launches, backed by prominent partners and solid financials, Decentral Games is set to accelerate its course in developing the Metaverse and play-to-earn economies in a multi-billion-dollar industry.
Polygon has become the preferred framework for many decentralized applications and fintech institutions leveraging Ethereum’s ecosystem. The surge in adoption has resulted in Polygon’s market capitalization growing 10-fold since February, reaching over $11 billion.
About Decentral Games ($DG)
Decentral Games (DG) is a next-generation entertainment and play-to-earn GameFi DAO at the intersection of the metaverse and NFT. The company is backed by key investor Digital Currency Group (DCG), whose principal subsidiary Grayscale is the world’s biggest bitcoin and cryptocurrency fund manager and manages $40 billion in assets. Decentral Games is a leading metaverse project and the first to provide metaverse employment opportunities.
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Polygonis the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 500+ Dapps, ~567M+ txns, and ~6M+ daily txns.
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Polygon Studios is the Gaming and NFT arm of Polygon focused on growing the global Blockchain Gaming and NFT Industry and bridging the gap between Web 2 and Web 3 gaming through investment, marketing and developer support. The Polygon Studios ecosystem comprises highly loved games and NFT Dapps like OpenSea, Upshot, Aavegotchi, Zed Run, Skyweaver by Horizon Games, Decentraland, Megacryptopolis, Neon District, Cometh and Decentral.Games.If you’re a game developer, builder or NFT creator looking to join the Polygon Studios ecosystem, get started here.
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