Amasa Joins Polygon Studios to Advance Play-to-Earn Gaming

Key Takeaways

  • Amasa has partnered with Polygon Studios to accelerate adoption of play-to-earn gaming.
  • This partnership aims to drive the growth of play-to-earn gaming and NFTs on Polygon.
  • Play-to-earn has taken center-stage in the crypto space this year thanks to the huge popularity of Axie Infinity and similar gaming projects.




Share this article


The micro income stream and investment platform Amasa has partnered with Polygon Studios to accelerate the adoption of play-to-earn games.

Amasa Partners With Polygon Studios

Amasa, a micro income streaming and and DeFi aggregation platform, has joined forces with Polygon Studios. The teams are hoping to accelerate the adoption of play-to-earn gaming on Polygon.

Backed by Animoca Brands and Polygon founder Sandeep Nailwal, Amasa’s flagship product allows DeFi users to earn micro income streams from various sources and combine them into a single account.


The project is now partnering with Polygon Studios, a division at Polygon that provides support and infrastructure for blockchain game builders. In a Friday press release, Amasa announced that it would be integrating blockchain tools provided by Polygon Studios.

Blockchain-based play-to-earn games represent a new paradigm in the gaming sector. They typically reward players through native tokens or NFTs. Players can also lend and borrow these assets in a new crypto niche that’s become known as “GameFi.” Perhaps the most successful GameFi project to date has been the play-to-earn game Axie Infinity, which hit $1 billion in sales during the so-called “NFT summer.” As interest in NFTs, the Metaverse, and GameFi has grown, many projects like Amasa and Polygon Studios are looking to capitalize on the boom.

Amasa said it will focus on helping users realize the revenue and yield earning potential of play-to-earn games for the first time. Discussing the collaboration with Polygon Studios, Amasa founder and core contributor Will Birks said:



“We’re thrilled to be working with Polygon Studios on technical solutions toward our common goals of growing Web3 gaming and Metaverse ecosystems to the ultimate benefit of users globally.”

The Polygon Network, which acts as a low-cost Ethereum scaling solution, is well positioned to benefit from the rapidly expanding play-to-earn gaming market. The network saw huge growth this year when it welcomed a host of Ethereum-native DeFi protocols like Curve and Aave, while it also hosts many popular games including Arc8, ZED RUN, and Aavegotchi.

Disclosure: At the time of writing, the author of this feature owned ETH and MATIC. 

Share this article



Source

Tagged : / / / / /

Amasa Joins Polygon Studios to Advance Play-to-Earn Gaming

Key Takeaways

  • Amasa has partnered with Polygon Studios to accelerate adoption of play-to-earn gaming.
  • This partnership aims to drive the growth of play-to-earn gaming and NFTs on Polygon.
  • Play-to-earn has taken center-stage in the crypto space this year thanks to the huge popularity of Axie Infinity and similar gaming projects.




Share this article


The micro income stream and investment platform Amasa has partnered with Polygon Studios to accelerate the adoption of play-to-earn games.

Amasa Partners With Polygon Studios

Amasa, a micro income streaming and and DeFi aggregation platform, has joined forces with Polygon Studios. The teams are hoping to accelerate the adoption of play-to-earn gaming on Polygon.

Backed by Animoca Brands and Polygon founder Sandeep Nailwal, Amasa’s flagship product allows DeFi users to earn micro income streams from various sources and combine them into a single account.


The project is now partnering with Polygon Studios, a division at Polygon that provides support and infrastructure for blockchain game builders. In a Friday press release, Amasa announced that it would be integrating blockchain tools provided by Polygon Studios.

Blockchain-based play-to-earn games represent a new paradigm in the gaming sector. They typically reward players through native tokens or NFTs. Players can also lend and borrow these assets in a new crypto niche that’s become known as “GameFi.” Perhaps the most successful GameFi project to date has been the play-to-earn game Axie Infinity, which hit $1 billion in sales during the so-called “NFT summer.” As interest in NFTs, the Metaverse, and GameFi has grown, many projects like Amasa and Polygon Studios are looking to capitalize on the boom.

Amasa said it will focus on helping users realize the revenue and yield earning potential of play-to-earn games for the first time. Discussing the collaboration with Polygon Studios, Amasa founder and core contributor Will Birks said:



“We’re thrilled to be working with Polygon Studios on technical solutions toward our common goals of growing Web3 gaming and Metaverse ecosystems to the ultimate benefit of users globally.”

The Polygon Network, which acts as a low-cost Ethereum scaling solution, is well positioned to benefit from the rapidly expanding play-to-earn gaming market. The network saw huge growth this year when it welcomed a host of Ethereum-native DeFi protocols like Curve and Aave, while it also hosts many popular games including Arc8, ZED RUN, and Aavegotchi.

Disclosure: At the time of writing, the author of this feature owned ETH and MATIC. 

Share this article



Source

Tagged : / / / / /

Polygon Launches New Division Polygon Studios, Focusing on Blockchain Games and NFT Fields

Ethereum layer 2 scaling solution Polygon today announced launching a new division of Polygon Studios on Tuesday, July 20, which will focus on blockchain games and non-fungible tokens (NFT).

The new studio, Polygon Studios, is divided into two projects: Polygon Gaming Studio and a marketing integrated platform; the former project focuses on providing developers and game creators with decentralised game creation.

Polygon said on Monday:

“With the launch of Polygon Studios, games get 360-degree building support, big brands and much loved franchises can launch on Polygon, and gamers can enjoy a whole new world of play to opportunities and decentralised gaming.”

In addition, another project is called Polygon NFT Studio, which is dedicated to helping brands, and intellectual property owners develop customised NFT models and markets.

Two projects achieving Polygon’s core goal are to consolidate Polygon’s current leading position as the de-facto platform for NFTs and games.

Polygon tweeted that:

“We’re thrilled to work on this mission to serve as a gateway bridging Web 2.0 and Web 3.0 and we aim to further strengthen our dominant position as the de-facto platform for Decentralized Play to Earn and Blockchain Gaming.”

Polygon uses a customised version of the Plasma framework built on proof-of-stake (PoS) checkpoints that run through the Ethereum main chain. The sidechains of Polygon are designed to support various DeFi protocols that run on the Ethereum blockchain.

There are currently more than 100,000 gamers and more than 500 decentralised applications, including game projects such as Aavegotichi, Decentraland, and Skyweaver, and the NFT market OpenSea.

Image source: Shutterstock

Source

Tagged : / / / / / /

Polygon Launches NFT Gaming Studio



Share this article



The popular Ethereum scaling solution Polygon has announced the launch of a gaming and NFT studio called Polygon Studios. The initiative is aiming to strengthen the network’s fast-growing ecosystem.  

Polygon Eyes Gaming Space

The market for crypto gaming is growing rapidly.

In a Monday press release, Polygon announced the launch of a new gaming and NFT studio to bring more development to the network. The launch will provide support and infrastructure for blockchain game builders with the aim of attracting artists and investors to the network’s NFT ecosystem. 


As part of the announcement, the team stated that the new gaming studio would involve providing developers and teams with assistance in creating blockchain-enabled gaming experiences through access to infrastructure, SDKs, investment, marketing, technology, and community support. 

The Polygon network has established itself as Ethereum’s current leading scaling solution due to its fast, inexpensive transactions. Currently, the network receives most of its traffic from DeFi applications, with many smaller-scale investors taking advantage of Polygon’s low transaction fees.

Additionally, Polygon has already attracted many blockchain game developers. In January, the NFT trading game Aavegotchi announced the project would no longer launch on Ethereum mainnet due to high gas fees. Instead, the game chose to launch on Polygon, showcasing the network’s potential to attract high-profile projects. Since then, other prominent blockchain games such as ZED RUN and SkyWeaver have also moved onto the network. 



The high transaction fees on Ethereum mainnet have been an obstacle for many gaming projects. Axie Infinity, which recently hit 350,000 daily active users, switched to a custom-built sidechain earlier this year to reduce fees and make transaction confirmations faster. With low fees and fast transactions essential for a seamless gaming experience, Polygon is well-positioned to capitalize on the crypto gaming craze with its new studio.

Disclosure: At the time of writing, the author of this feature owned BTC and ETH. 

Share this article




Source

Tagged : / / / / / /
Bitcoin (BTC) $ 37,902.16 2.53%
Ethereum (ETH) $ 2,052.72 2.13%
Litecoin (LTC) $ 69.54 1.25%
Bitcoin Cash (BCH) $ 222.39 0.09%