ArcadeNetwork launching on Polygon to bring interoperability in the Gaming world!
ArcadeNetwork, the world’s first decentralised platform for cross-metaverse asset interoperability, is pleased to announce an alliance with Polygon (Matic), a layer 2 blockchain that will boost the ArcadeNetwork platform’s throughput, scalability, and security. Polygon fits well with all of ArcadeNetwork’s requirements, as ArcadeNetwork is committed to providing very high-grade security and a superior service experience to its target audience.
With ArcadeNetwork pushing for a seamless user experience and smooth transitions from one metaverse to the other, Polygon has emerged as a viable option for meeting the platform-specific requirements.
Why is Polygon the best choice for ArcadeNetwork?
ArcadeNetwork is a gaming platform that has solved the problem of gaming interoperability and in-game asset ownership by placing everything on-chain on layer 2. ArcadeNetwork addresses the two most common and most neglected problems of the gaming industry viz.
1. No Interoperability: Cross-metaverse interoperability refers to the ability of games to make use of a shared asset. There is no direct provision of purchasing assets from a game, taking it out and using it in various other games as well.
2. No True Ownership: Another challenge is that these in-game assets are not truly owned by the garners even after purchasing them. When gamers get tired of that game, or when that game shuts down, that item(in-game asset) becomes a sunk cost.
ArcadeNetwork intends to solve these by building a cross metaverse bridge on Polygon. The bridge however shall be connecting different metaverses running across multiple blockchains. The Arcadenetwork smart contracts sit on the Polygon network, leveraging the security and interchain scalability of the network and helps in the minting of NFTs if required, bringing in NFTs from source metaverses, and deploying them in the destination metaverses. All the transactional data gets stored in blockchain which makes it easy for a gamer or user to track and audit the history of an asset.
About Polygon
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 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 500+ Dapps, ~567M+ txns, and ~6M+ daily txns.
About ArcadeNetwork
ArcadeNetwork is the world’s first decentralised platform providing cross metaverse asset interoperability. Making use of Blockchain technology & NFTs, ArcadeNetwork creates a unified relayer bridge that enables seamless movement of in-game assets between different games.
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