Polygon Inventor Sees Opportunities In These Altcoins!

Polygon co-founder Sandeep Nailwal says blockchain-based games have played a role in the growth of the crypto industry. In his recent statements, he mentioned that new games could adopt Blockchain and Web3.

Sandeep Nailwal says games will bring new opportunities to the crypto industry

Sandeep Nailwal recently answered questions from the crypto community on Reddit. Polygon co-founder stated that the gaming industry will bring new opportunities to the cryptocurrency market.

Nailwal says that gaming is the largest-scale opportunity for crypto. Specifically, “Games are embracing new technologies. There are some good games coming out on Web3 in the next 6-18 months. It will also be very interesting to see if some of them are using Blockchain.”

The Polygon founder stated that over $2 billion in funding was raised last year specifically for Web3 games. He also pointed out that Polygon and ecosystem players took the “lion’s share” among the games funded. This highlights the institutional investment flowing into the Web3 gaming industry.

The founder also stated that Polygon is one of the biggest projects at the moment. According to him, Polygon could potentially become an industry leader in developer effectiveness across all segments. Polygon has attracted great attention especially in the last two years. Nailwal stated that the network is working on innovative solutions in the zero-knowledge (zk) space to enable massive scalability.

cryptocoin.com In this article, we have included the Polygon partnerships that have come to the fore in recent times.

Polygon’s work for the gaming industry

Prior to that, on the DeFi front, Polygon hosts 417 protocols with $981.95 million TVL. Thus, it is in the 5th largest network position in terms of TVL in DefiLlama.

In March, Polygon Labs and zkMeta announced a partnership to create a custom game rollup on the Polygon network. Scalable Web3 gaming engine developer zkMeta has started integrating dApps daily with a large user base.

That same month, a South Korean mobile game company launched Delabs Games on the Polygon network. He said that Delabs Games will aim to improve the gaming ecosystem by integrating Blockchain features. In its blog post, the network also included that the partnership aims to advance decentralized play on Polygon. To promote game projects, Polygon Labs has also teamed up with AQUA, a Web3 marketplace aimed at gamers.

According to a recent study by Zion Market Research, the Web3 gaming industry has grown quite rapidly. He claimed that the market had revenue of approximately $201 billion in 2021. The report estimates that the gaming industry will reach approximately $435 billion by 2028. Therefore, the gaming market is expected to develop at a CAGR of roughly 12.1%.

Pay attention to these coins mentioned by the Polygon founder

Sandeep Nailwal said that the blockchain gaming industry will open up new opportunities in the cryptocurrency market. Currently, the industry-leading altcoin projects in the gaming-game category and their performance in the last 24 hours are as follows:

  1. Render Token (RNDR): 15.73%
  2. Marblex (MBX): 15.90%
  3. Victoria VR (VR): 12.54%
  4. Akita Inu (AKITA): 9.39%
  5. Yield Guild Games (YGG): 6.90%
  6. WEMIX: 7.08%
  7. NFTb: 6.90%
  8. FLOKI: 5.73%
  9. Vulcan Forged PYR (PYR): 4.34%
  10. The Sandbox (SAND): 4.71%
  11. Gala (GALA): 4.48%
  12. GAMEE (GMEE): 4.13%
  13. Axie Infinity (AXS): 3.79%
  14. Biswap (BSW): 3.00%
  15. Ethernity (ERN): 2.96%
  16. Efinity Token (EFI): 0.95%
  17. Vidya (VIDYA): 2.22%
  18. Delysium (AGI): 2.28%
  19. VIDT DAO (VIDT): 2.05%
  20. Illuvium (ILV): 2.06%
  21. Decentraland (MANA): 1.88%

Contact us to be instantly informed about the last minute developments. twitterin, Facebookin and InstagramFollow and Telegram And YouTube join our channel!

Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.

Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.

Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.

Show Disclaimer


source site-2