Feb. 18, 2022 — Polygon — one of the leading blockchain ecosystems and formerly known as Matic, along with Polygon Studios, its nonfungible token (NFT), metaverse and blockchain-gaming arm — has just announced its strategic partnership with Poriverse, the first NFT game allowing players to lend and trade NFTs to earn more. This partnership is expected to open a new chapter for the NFT game industry.
The concept of NFT, play-to-earn (P2E) games soared in 2021, which has swelled the ranks of crypto gamers worldwide. However, this gold rush has posed new challenges for NFT game players due to an increasingly high entry barrier of initial investment, which makes it difficult for new gamers on lower budgets to become involved. Poriverse provides an innovative solution to that problem by taking advantage of NFT and blockchain technology, creating more value for communities.
First-time NFT game players can rent their NFTs and lend them to each other to earn more money. The entry cost would be lowered for not only experienced crypto gamers and NFT holders wanting to diversify their portfolio, but also newcomers to the P2E market. Poriverse supports NFT-renting technology that ensures fair and secure NFT renting, eliminating the risk of losing ownership for rented NFTs. Users have to pay a rental fee at the negotiated price on the marketplace, yet all of the revenue generated by the rental NFT will belong to them.
Poriverse began with NFTs in Porian pieces and classes, which allows gamers to not only purchase but strategically grow their own Porian NFTs. Winning opportunities are fairly designed for gamers through the random renting of unique Porians for higher-value Porian breeding with decentralized autonomous organization-lending protocol technology.
To assist in the promotion of its rental platform for NFT gaming assets, Poriverse has entered a partnership with Polygon Studios — Polygon’s NFT, metaverse and gaming arm. Through this venture, Polygon Studios will help highlight the benefits Poriverse is bringing to crypto gamers.
This lending mechanism creates an equal chance for NFT game players to start their earning journey in this industry with an entry cost as low as $360. Poriverse would also offer a game metaverse, where different worlds can be created, designed, owned and traded among players, world developers and game investors to unlock greater earning opportunities.
“We aim to create a game that brings sustainable benefits in both financial and entertainment. Once players enter Poriverse, they will experience its 3D, high-interaction world with simple but fun gameplay. Poriverse is created with a straightforward principle: The community is the winner. All designed mechanics in our game are for every user to earn and win better with a great amount of fairness. There are more unique mechanics and designs of the game that aim to empower users to make the most earnings possible. Stay tuned with us to catch your winnings,” said Do Hoang Minh Quan, CEO of Poriverse.
“We appreciate Poriverse’s endeavor to expand the opportunities for new players to join NFT games and earn, as well as its efforts to create not only an earning game but also an enjoyable one. Together with Poriverse’s innovative and passionate team in blockchain and gaming, we expect to bring NFT games forward,” said Sure Shivangi Pandey, partner success lead of Polygon Studios.
Poriverse is the first blockchain game platform that truly provides earning opportunities for anyone. Through NFT-renting technology, the entry cost has been lowered for not only experienced crypto gamers and NFT holders wanting to diversify their portfolios but also newcomers to P2E gaming. The market is now unlimited to users and investors. Poriverse originated with special NFTs called Porian pieces and classes, which allows gamers to not only purchase but strategically grow their Porian NFTs. Winning opportunities are designed with fairness among gamers through the random renting of unique Porians for higher-value Porian breeding. Poriverse also offers a game metaverse where different worlds can be created, designed, owned and traded among players, world developers and game investors to achieve greater earnings. The team has more than 15 years of experience in developing games, ecosystems and brand platforms, along with 8-plus years’ experience in blockchain.
About Polygon Studios
Polygon Studios is the gaming and NFT arm of Polygon focused on growing the global blockchain-gaming and NFT industry, bridging the gap between Web2 and Web3 through investment, marketing and developer support. The Polygon Studios ecosystem is comprised of highly loved games and NFT projects such as OpenSea, Upshot, Aavegotchi, Zed Run, Skyweaver, Decentraland, MegaCryptoPolis, Neon District, Cometh and Decentral Games.