We’re thrilled to announce that Revolve Games is bringing GameFi contracts to Polygon!
NFT gaming has been all the rage, and Polygon has the capacity to help us support the value of our native token while ensuring the value of all NFTs in the Revolve Games metaverse.
Polygon’s NFT ecosystem has been rapidly growing with more than 100+ NFT Dapps and Polygon has been instrumental in developing an ETH scaling solution that has a tally of approximately 5 million transactions daily. For Revolve Games’ NFT marketplace, this integration would mean removing a great deal of the stress from ethereum’s mainnet caused by volatile and regular transactions conducted using ETH.
The partnership with Polygon comes at a time when DeFi is starting to make its way into the gaming industry. Integrating with Polygon will enable reduced gas fees, faster transactions, and a seamless experience for RPG Staking. Revolve Games will also benefit from the thriving ecosystem being built on Polygon, which now includes some of the leading DeFi projects — Aave, Slingshot, and Sushi, just to name a few. All in all, Polygon is a perfect fit for us as we work to build scalable pricing infrastructure at the intersection of NFTs and DeFi.
Tethering NFTs with RPG stakes has been heralded as one of the most unique and novel approaches to DeFi staking in gaming. Parnerting with Polygon will cut payment processing time short, so gamers can enjoy a new metaverse with more earning opportunities.
With this move, users will be able to quickly deposit and withdraw funding from groups at near-zero cost. In the Revolve Games metaverse, an NFT represents an RPG stake. While the NFT is always tethered to its stake, the NFT can be transferred or sold to another wallet through a staking contract transfer. The NFT acts as a certificate, stating that whoever returns the NFT back to the staking contract will be able to withdraw the staked amount.
This partnership with Polygon allows Revolve Games to leverage its robust framework to create a brand that attracts developers and investors into its NFT ecosystem; and finally, jump on the bandwagon towards the Transition to Web 3.0.
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 350+ Dapps, ~128M txns, and ~1M+ unique users.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
About Revolve Games
Revolve Games is building a galactic, play-to-earn blockchain gaming metaverse, built on a dynamic DeFi economy.
In the Revolve ecosystem, NFTs are paired with the native token and gameplay with staking rewards. Tethering actionable NFTs such as character, vehicles and game builder packs to stakes of RPG reduces the value gap between the NFT-verse and the native token. It also adds some stability to the value of each actionable NFT asset, as it is always backed by a stake of the native RPG token.
Staking rewards associated with each NFT tethered staking contract are performance based. This means the more you play and win, the more you earn.
Users on the platform are able to purchase and rent land, build and monetize games, raise pets, participate in the overarching RPG story and more.