Polygon launches blockchain game and NFT .studio

Ethereum (ETH) infrastructure developer Polygon has spun off a new subsidiary to advance its blockchain gaming work, and non-loadable tokens or NFTs provide a glimpse into the company’s long-term growth strategy.

The newly founded Polygon Studios have three main goals: to establish Polygon as a leader in decentralized gaming; create a brand that will attract developers and investors to their NFT ecosystem; and set Polygon as the best place to transition to Web 3.0.

Through an initiative called Polygon Gaming Studio, the company aims to help developers develop and market decentralized games. A separate initiative, Polygon NFT Studio, aims to help brands and intellectual property owners adopt custom digital collections and markets.

“With the launch of Polygon Studios, games that receive 360-degree construction support can launch large franchises and popular franchises on Polygon, and players can enjoy a new world – brand new game world for decentralized gaming and opportunities,” the company said on Monday.

Affiliated: Polygon and AU21 Capital provide $ 21 million in funds to support Polygon developers

Polygon has quickly become one of the more developer-friendly platforms in the blockchain industry. The platform added 75,000 new users over a seven-day period in May and is the source of important partnerships around decentralized applications. Billionaire investor Mark Cuban also supported Polygon because of his technical prowess and growing user base.