Betting Big on the NFT Games

Human beings are known for a myriad of different things, but most importantly, they are known for getting better on a consistent basis. This tendency to improve under all situations has already fetched us some huge milestones, with technology appearing as a rather unique member of the stated group. The reason why technology’s credentials are so anomalous is largely because of its skill-set, which ushered us towards a reality nobody could have ever imagined otherwise. Nevertheless, if we look a little bit closer, it will become clear how the whole runner was also very much inspired by the way we utilized those skills across a real-world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. This revolution, as we discovered, will go on to scale up the human experience from every conceivable direction, but even after achieving such a monumental feat, technology will somehow continue to bring all the right goods to the table. The same has turned more and more evident over the recent past, and truth be told, a new development around the NFT space might just do a lot to make that trend bigger and better moving forward.

NFT marketplace Magic Eden is officially set to integrate with the Ethereum scaling layer-2 blockchain Polygon, as it looks to conceive a better stronghold on blockchain gaming and wider NFT ecosystems. According to certain reports, this Polygon integration will help creators in availing several valuable tools, such as a launchpad and marketplace that is linked to Polygon’s native token, MATIC. Fair enough, the added incentives have already convinced some big game developers, including BORA backed by Kakao Games, IntellaX, nWay, Block Games, Boomland, Planet Mojo, and Taunt Battleworld, to commit to Magic Eden. The stated inflow, of course, bodes well for the company’s long-term ambition to bring more gaming developers and NFT games to market.

“We are excited to integrate with Polygon and continue our pursuit of a multichain future for Magic Eden,” said Zhuoxun Yin, Magic Eden co-founder and COO. “By offering this integration, we are continuing to remove any chain-specific barriers and open NFTs to the masses.”

The deal might seem like a surprise, considering the widespread economic slump in the NFT space. In fact, according to CryptoSlam, total NFT sales have declined every month consecutively since April. However, to be fair, the tide has turned a little bit in the last 30 days. Going by the available details, Ethereum NFT sales volume has increased about 26% over the stated timeframe, but it was really the Polygon sales that made the headlines, beating Ethereum figures by almost a whopping 71%.

“The integration will allow us to onboard more global brands and new users into the NFT marketplace, while continuing to bring web3 games to the masses,” said Yin. “Polygon has already brought many recognized brands into web3, which opens the gate for new users to discover the many utilities of NFTs.”

Fair enough, the Polygon network already hosts some of the biggest web3 gaming projects and publishers like Ubisoft, Atari, Animoca Brands, Decentraland, Sandbox, and more. Hence, Magic Eden will hope that, like all these entities, it can also go on to achieve big things in the NFT gaming sector.

Share

Related

Synthesis AI Raises $17 Million in Series A Financing; Plans to Scale up Research on Synthetic Data

Even though human beings are pretty much designed to...

Never Lost Your Keys Again

We humans are always in need of some purpose....

Construct a Positive Year Ahead – Review and Plan Now for 2023

We are well and truly into the final quarter...

Join the Top 1% of Web3: VAP Group Presents Global Blockchain Show in Dubai

Dubai, November 05, 2024: The Global Blockchain Show is...

Why point solutions in Cloud Security do not effectively protect against a data breach, but a Holistic security posture can

A holistic approach to securing your cloud solutions prevents...

Ambi Robotics Raises $32 Million in Additional Funding; Plans to Expand Product Portfolio and Workforce

Human beings have always boasted a wide range of...

Shooting for the Moon

The dreams and fascinations of a human being are...

Incorporating Laboratory testing in Virtual Care

With the rise of healthcare costs, telehealth has offered...

Protecting the Outer Space

While human progression is usually fuelled by many different...

Latest

No posts to display

No posts to display