Polygon — Endless Possibilities for GameFi

9 min readDec 3, 2021


On November 30th, 499Block and Polygon conducted a sharing session for GameFi on Twitter Space. Teams from Skyweaver, Ulti Arena, Tryhards and many other Gamefi projects discussed all aspects of the Gamefi ecosystem. Guests at the event included: Charlie Hu, Head of Polygon China, Michael Co-founder of Skyweaver, Ulti Arena CEO Duke Vu, DreamQuest CEO Steve, Chair Co-founder Darren Chu, Tryhards CEO Thomas, WAM CEO Daniel Tamas, Mecha Morphing.

Skyweaver co-founder Michael: Blockchain makes the game economy as powerful as reality. Skyweaver is a blockchain card game developed by horizon. Project co-founder Michael said that the team wants to make a “game first” blockchain game, putting gameplay first. Michael believes that many of the current Gamefi project funds come from investors’ investment in games, so the collapse of the crypto market may have a negative impact on the Gamefi project, while the “game first” games will be less affected. “Skyweaver is a free game and browser-based, which makes it super easy to access. Anyone with an internet connection can play it, you don’t need to pay anything to start-by playing Skyweaver and ranking, you can win the silver NFT Cards and limited supply of gold NFT cards. Skyweaver builds the Skyweaver market in the game, which makes transactions simple.” “Skyweaver is currently in soft launch-by creating a Skyweaver account, you will automatically get the Sequence Wallet, which is a Multi-chain smart contract wallet for encryption, NFTs, Web3+metaverse-user-friendly and highly secure, Sequence is built for mass adoption, allowing anyone with an Internet connection to access Web3+metaverse” for blockchain pair The changes in the game industry, Michael said: “Without blockchain, the game economy is limited to primitive economic tools, and is limited to bartering and trading activities, but with blockchain, the economic world of video games can become a real economy. It’s as complex and powerful.” Skyweaver is a web-based free blockchain card game that introduces users to Web3 in a seamless manner. It automatically creates a safe and friendly smart wallet for players when they create an account. Players can use Play Skyweaver and ranking competitions to get a silver NFT card and a limited supply of gold NFT cards.

CMO Marilyn Charlie Hu, head of VUPolygon China: Polygon is becoming the biggest initiator of GameFi. The head of Polygon China introduced Polygon’s ecological layout planning and achievements in Gamefi. Charlie Hu mentioned in the live broadcast festival: Polygon is becoming the leader in the global GameFi field. “More than 500 blockchain game projects have been or will be deployed on the Polygon network. Polygon has supported leading chain games and meta-universe projects, such as OpenSea, Sandbox, Decentraland, Atari, CryptoVosels, Zed Run, Skyweaver, Bloktopia, etc. More and more new users enter the Polygon network for GameFi and metaverse. Polygon as an ecosystem, together with Polygon Studio aims to become the best and largest ecosystem supporter in the field of GameFi and metaverse, providing 360 Degree full support.” Polygon is the leading platform for Ethereum expansion and infrastructure development. Its growing product suite allows developers to easily access all major extensions and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), side chains, hybrid solutions, independent and enterprise chains, data availability solutions, Polygon Hermez ZKEVM, Polygon Miden, Polygon Nightfall, etc. Polygon’s scaling solution has been widely adopted, hosting more than 3,000 applications, processing approximately 800 million transactions, approximately 70 million unique user addresses, and asset security of more than $7B.

Ulti Arena CEO Duke Vu: Metaverse is a virtual iteration of the Internet Ulti Arena CEO Duke Vu talked about his understanding of the Metaverse: “metaverse (a combination of meta-” and “universe”) is a virtual iteration of the Internet, through traditional Personal computing and virtual and augmented reality headsets support persistent online 3D virtual environments, which have appeared on video game platforms such as VRChat or Second Life. Meta universe used to be a niche concept favored by technology enthusiasts. The idea of ​​focusing on a virtual world, a “place” parallel to the physical world, has become mainstream this year. Facebook decided to rename it Meta in October. Millions of people spend several hours a day in virtual social spaces like Roblox and Fortnite. Interest in pure digital ownership and technologies that supporters believe can ensure the security of durable virtual experiences has risen sharply, and non-fungible tokens (NFT) and cryptocurrencies have made headlines. Virtual productivity platforms are also growing, and Facebook and Microsoft have announced new ways of online collaboration.

Ulti Arena is a blockchain-based project that aims to completely change the NFT game space through its products. It includes an NFT market for game assets, where buyers and sellers can trade unique 2D/3D assets, music, and sounds. And UI/HUD elements; a Proof of game mechanism that allows players to win Uti tokens when playing DOTA2, LOL, CSGO, PUBG, Mobile Legends and other games; at the same time, Ulti Arena also builds for developers to collaborate on games remotely Developed platform. “We are building an ecosystem for ingame assets/game assets, and NFT Marketplace is building a Play-2-earn mechanism for non-blockchain games. Three weeks after the NFT Marketplace was released, we have raised nearly 400 from investors. Ten thousand U.S. dollars in pre-sales funds and 100,000 U.S. dollars in sales, started the NFT Marketplace team composed of 12 people, with 107k followers, Twitter 73k TG 18k Discord Exchange: BitMart, CoinTiger, HotBit, LBank partners: Remote, Frag, Practical, AWS (2 grants).

Tryhards CEO Thomas: GameFi needs to pay more attention to user experience” I believe GameFi is a good way to connect the game world and DeFi. If you want to build a good game on the blockchain, you may not need to add DeFi functionality, but this can bring more incentives to players. “Of course blockchain games are still developing. Like most new things, we have gone through a discovery phase. We still need to find out which ones are effective and which ones are not. I think we need to improve the user experience by making the game more user-friendly and paying more attention to the immersion and player participation of the game. “TryHards is an NFT-based blockchain shooting game. TryHards users will play the game as “enthusiasts.” When users participate and win as many battles as possible, they can upgrade their characters and weapons. Players won The more battles, the greater the “power” gained. The main game is still being developed. It is expected that the Alpha version will be launched in the first quarter of 2022, and players can participate in the test at that time.

Mecha Morphing CMO Marilyn VU: GameFi is a ticket to the metaverse Mecha Morphing CMO Marilyn VU talked about the relationship between Metaverse and Gamefi, and believes that Gamefi is the key to opening the Metaverse. “Gamefi combines blockchain technology with the use of NFT to develop a game that allows players to dig while playing interesting games. The world of mine. GameFi is a ticket to the metaverse. The gaming industry has brought a key revolution in Bitcoin mining. AAA games continue to create better graphics, which pushes the limits of hardware, especially GPU capabilities. Encrypted mining requires a lot of computing power, and now the super-advanced GPU is the way to mine. Without these players promoting hardware development, we would not be able to mine today. GameFi has now attracted millions of people and is injecting large amounts of money into Metaverse. Thanks to Gamefi, people can enjoy life while playing their favorite games. This is a 360-degree proof of the meta-universe concept. “Mecha Morphing goes a step further, we are developing our virtual reality Mecha Morphing meta-universe. We are currently building a virtual reality platform where people can earn money through virtual reality games to win games. We have joined several gamefi projects (this includes our own FPS games to win games). I don’t think GameFi is the only contribution to metaverse. Metaverse will do this by welcoming everyone and capital from all industries. In addition to gamefi, people can also hold social events, hold private meetings, show NFT characters and equipment, visit the NFT collection museum, and so on. The metaverse will be created through collaboration and unification of many projects, but we believe that GameFi will be the key to opening the metaverse. “Mecha Morphing is a decentralized ARPG game. Players in the Mecha Morphing meta-universe can earn income by participating in and contributing to the ecosystem. In the game, players can save the world and maintain peace in the interstellar world. In the game Everything, whether you create it or discover it, can help you make money while playing the game. “We want to create a lasting meta-universe. In order to do this, we have created a variety of ways to earn and play To stay entertaining. We have 5 mini games (PVE, land grab, PVP arena, bounty, forging), players can make money while playing. This allows all types of players to have multiple growth paths and permanent playability. The other selling point we provide for players is: the museum donates your mecha, and at the same time earns the income of each visit (Hall of Fame), bet your NFT on the future VR version of MMC tokens launched in early 2022. Over time, we plan to add new worlds so that players can get the most benefit in the current world. This does several things: players can rest assured that the NFT they invest in our game will not lose value. In our Metaverse, there will always be new content available for playback, and future cooperation will be welcomed. We have a long-term vision for our project. Therefore, we have integrated many methods to consider possible symbolic economic issues, such as inflation. In order to balance our economy, we have invested a lot of effort in our token economics; a complex system to control the inflation rate, Make sure that players can make money every day. “”We hope to establish a good relationship with the people in the meta universe. We want to provide a collaborative experience for our players, so we will establish a feedback loop with players participating in our Metaverse. Players can choose to contribute content, such as art, in our game. We are willing to listen to the advice of those who will be part of the metaverse, because we hope this experience will be a wonderful experience for all those involved. We value people in the community and their feedback.

Chair co-founder Darren Chu: Chair.Finance is live with our NFT auction functionality, and is in the process of building out a GameFi NFT store where our 40 plus GameFi partners will be able to provide their players an additional venue on which to monetize their in-game assets, along with DeFi-like income generation opportunities. Through our social media and other marketing campaigns, we have done airdrops of XBNCH these last several months to those who have participated in certain events and games, which upon our initial DEX listing, will be convertible to BNCH at a 10,000 to 1 ratio. With an audience consisting of 30,000 plus wallet addresses and a Twitter/Telegram community in excess of 70,000, we are excited to soon provide our followers fresh channels to generate income through the auction dividends and mining that will be made available to all those who participate in the auctions once BNCH goes live. Auctions in the past few months have been done on a regular basis using XBNCH and have been on NFTs representing popular Alt coins (e.g. BNB or DOGE) along with a selection of GameFi partner in-game assets.

Regarding how I see the GameFi market currently, I would suggest caution for those considering buying tokens that have already hugely appreciated, as nothing goes up in a straight line. Strong market pullbacks are inevitable even with bull markets. In the past few several months, top GameFi coins have way outperformed ETH, and the question now is, with ETH’s correction since mid November at increasing risk of deepening, will top GameFi tokens continue to hold up or will they suffer a stronger selloff versus the broader crypto market? Regardless of the correction that appears to have begun with some leading GameFi tokens, the sector as a whole offers massive potential growth for all the reasons that I shared in the AMA, and it is for this reason that Chair.Finance has pivoted into focusing on creating a GameFi store and onboarding GameFi partners where their audiences can benefit from accessing potential buyers and sellers within our future GameFi marketplace.

Dreams Quest is building the first-ever metaverse-based economy, a self-sustaining DreamsVerse where people will be able to participate in the decentralised play-to-earn RPG game using dynamic NFTs. Unknown factors will affect character attributes in-game, and post-game outcomes will dynamically change the NFT card attributes and write them on the blockchain (the ethereal scribes) to show game history for each card.⚔️Free to Play & Play to Earn!

⚔️Play to Earn
Dreams Quest integrates several factors such as quest-based earnings, renting NFT cards, a marketplace for merchants and guilds to participate in-game, and more for players to earn by participating in the game.

⚔️Dynamic NFTs
The dynamic NFTs (game cards) will be impacted by unknown factors such as weather, temperature, storms, and more, that will completely alter card attributes. The changes to card attributes will be permanently recorded and stored on-chain.

Creating a game environment and game mechanics that gives players several ways to gamify how their cards can be seen as valuable.

💥Endless possibilities presented by Dreams Quest
- Experience RPG-styled gaming and card play battles.
- Rent out NFT cards to other players.
- Swap a card or sell a precious item in the marketplace.