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Polygon Teams up With Liberty to Speed up GameFi Development

Published 01/17/2022, 08:29 AM
Updated 01/17/2022, 08:30 AM
Polygon Teams up With Liberty to Speed up GameFi Development

  • Polygon works closely with Liberty Gaming Guild.
  • The collaboration aims to speed up GameFi development.
  • Liberty will serve as a gateway for those enthusiastic to invest in the blockchain gaming industry.

The NFT-focused Metaverse and the GameFi space have grown tremendously during the past year. Almost every blockchain or distributed ledger tech (DLT) project is actively involved in its own Metaterse initiative.

Ethereum scaling solution provider Polygon is also working on its GameFi and NFT strategy. They’ve created an extensive range of capabilities for building and connecting blockchains and decentralized applications (dApps). The team has established Polygon Studios, which is their branch that’s dedicated to blockchain gaming and NFTs.

To assist them as they make their moves into the Metaverse, Polygon will work cooperatively with Liberty Gaming Guild, which was established in November of last year with an investment from Synergia Capital.

Liberty explained that they’re working on becoming the gateway for avid gamers to get convenient access to NFTs that would usually be too costly or even impossible to access. The project mentors coaches gamers and provides them with a way to make earnings from playing games. As far as investors are concerned, Liberty will act as a gateway for those who are eager to invest in the blockchain gaming industry. At present, the team has the infrastructure needed to support NFT gaming and is working with Axie Infinity. The team also confirmed that they’re planning to expand this to other games as the initiative continues to grow.

Liberty Gaming Guild further explained that besides helping people make money while they play engaging games, they are also here to make a meaningful impact on consumers’ everyday lives. The team will reportedly provide the appropriate education, professional training and offer regular support so that users are able to benefit from stability while focusing on their play-to-earn careers and daily lives. Liberty has so far invested in Axie Infinity, The Sandbox, League of Kingdoms, Star Atlas (NYSE:ATCO), Guild of Guardians, and Illuvium.

It’s worth noting that Polygon is one of the first major protocols for Ethereum scaling and infrastructure development. The platform and its ecosystem are well-structured, user-friendly, and supported by the Polygon SDK; along with a robust framework for building seamless dApps.

As explained by its developers, Polygon turns Ethereum into a full-featured multi-chain system, which is comparable in some ways to Polkadot, Cosmos, and Avalanche. But Polygon also provides the advantages of Ethereum’s enterprise-grade security, diverse ecosystem, and openness.

Polygon Studios is a new division that mainly focuses on blockchain-powered gaming and NFTs. Polygon reportedly holds a strong position within the gaming and NFT space with over 100,000 native blockchain gamers. The launch of Polygon Studios should help with strengthening the project’s emerging role in the gaming space.

Liberty Gaming Guild is a “barrier-breaking” project and community focused on the ‘play to earn’ gaming space. The guild aims to act as a ‘gateway’ for gamers to easily access NFTs within the blockchain gaming space and offers an ecosystem for them to thrive within the new gaming era. As you can imagine, this partnership is very exciting, as it is most likely to speed up the GameFi development.

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