Polygon, Ethereum’s scaling solution, has announced a strategic partnership with Earn Alliance, a Web3 gaming community, to increase the adoption of blockchain gaming. The goal is to onboard 100 million gamers into Web3.
Earn Alliance is a Web3 gaming community developed to shape the next generation of games using blockchain technology. The company is interested in creating games that users would love and enjoy playing rather than experimental tokenized games.
On the 15th of December, the firm will launch its mainnet platform with features like NFT badges, community and gamer profiles, a Web3 game directory, and a game feed wall to create a better gaming experience.
Earn Alliance will leverage Polygon’s low network fees and fast transaction speed to provide users with flexible and structured gaming experiences. With this collaboration, the company will have access to some of the biggest gaming projects in Web3, including Ubisoft, Atari, Decentraland, and The Sandbox.
Earn Alliance recently concluded a $4.75 million seed funding round led by CoinFund and Fabrics Ventures. Joseph Cooper, the founder and CEO of Earn Alliance commented on the funding, saying:
“We are dedicated to opening opportunities for gamers in Web3, something very dear to me as I found my passion for engineering and entrepreneurship through online IRC communities when the internet itself was complex and lacked mass adoption in 1999. Similarly, we recognize that the Web3 game industry is just beginning – involving highly experimental tokenomics and entrepreneurs exploring the challenge of building network effects. I believe the next step is mass adoption by lessening the friction of utilizing crypto assets for gamers.”
Blockchain technology has made inroads into different industries, including healthcare, supply chain management, and gaming. According to The Times of India, the blockchain gaming industry has grown from a zero-value market size to $3 billion in 2021; it’s also projected to grow to $39.7 billion by 2025.
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