Polygon poised for massive rally after scoring two new partnership in future market

  • Web3 gaming platform which first appeared on Solana is now making its way to Polygon with big plans.
  • Other NFT and gaming platforms such as Project Fox and CyberStadium are making their way in Q1 2023 on the Polygon blockchain.

Over the last year, Polygon’s MATIC blockchain network has made a push toward key developments and partnerships. As a result, despite the market slowdown, Polygon’s native crypto MATIC delivered a decent performance in comparison to other altcoins.

In the latest development, the popular Web3 gaming platform Fractal announced that it’s coming to the Polygon blockchain protocol. The entire Fractal product suite – F Studio – will be available on the Polygon blockchain. This includes Fractal’s developer SDK, non-fungible tokens (NFT) launchpad, tournaments, marketplace, game launcher, and Sign-in with Fractal service.

Justin Kan, the co-founder of Fractal as well as the popular streaming video game platform Twitch, announced support for NFT-powered games on the Polygon network. Fractal has been a lead player in helping gaming developers with tools that can solve their blockchain and infrastructure needs.

The F Studio developer tools help in incorporating Web3 technology quickly and easily into different projects. It provides several features such as a game-friendly wallet, in-game marketplace APIs, fiat on-ramp, account management system, and on-demand NFT minting. Speaking to crypto publication Decrypt, Kan said:

Our goal is to support game developers, and part of that is being wherever the game developers want to be. And a lot of them want to be on Polygon, to be honest.

Polygon’s growing presence In Web3

Over the last year and so, the Polygon team has been putting a major focus on expanding its offerings for the rapidly emerging Web3 space. Some of the biggest brands like Reddit, Starbucks, Nike, and Meta have tapped the Polygon blockchain for their use cases.

During the last summer, Reddit alone minted a total of 8.5 million collectible avatars on the Polygon blockchain. Furthermore, Starbucks has also built a loyalty program designed around collectible NFTs. At the same time, Nike is launching its Metaverse fashion on the Polygon blockchain.

With the latest development, Fractal plans to support 30 Polygon-based games at launch. Besides, they will be working along with Polygon Labs for promoting online tournaments and events ahead of the Game Developers Conference (GDC) in March 2023. Sandeep Nailwal, Co-Founder of Polygon Foundation, said:

Fractal has emerged as a crucial hub for the discovery of blockchain games. By teaming up with Fractal and combining their impressive suite of developer tools with our own, we aim to make 2023 the year we bring Web3 gaming to the mass market.

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Apart from Fractal, Polygon also announced its partnership with another major NFT project Project Fox.

Besides, CyberStadium, the first closed loop 100 percent on-chain NFT game shall be making its way to the Polygon blockchain in the first quarter of 2023.

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Bhushan is a FinTech enthusiast and holds a good flair for understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In his free time, he reads thriller fictions novels and sometimes explores his culinary skills.

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