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Polygon has surpassed Hive and is now the second biggest blockchain gaming network.

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Written by
Shivani Tripathi
Published on
April 10, 2023

According to DappRadar, a platform that tracks decentralized application (dapp) usage, Polygon saw a 115% increase in gaming dapp activity in March 2023, reaching a total of 9.4 million in daily active users (DAUs) on its gaming dapps. This surge in activity has propelled Polygon to become the second-largest gaming blockchain, surpassing competitors such as TRON and EOS.

Polygon's success in the gaming space can be attributed to its focus on creating a user-friendly and accessible platform for developers and users. Its low transaction fees and fast confirmation times make it an attractive option for developers looking to create dapps with a seamless user experience. Additionally, Polygon has been actively partnering with gaming projects to bring their games to the platform, further boosting its growth in the gaming industry.

Polygon, formerly known as Matic Network, is a Layer 2 scaling solution built on top of the Ethereum network that aims to address some of the scalability issues of Ethereum. The growth of Polygon's gaming network can be attributed to its fast and low-cost transactions, which make it an attractive platform for developers and gamers alike. Additionally, Polygon has been working on building partnerships and integrations with various gaming projects, which has helped to expand its ecosystem and increase its user base.

Some of the popular blockchain games that are currently running on Polygon include Aavegotchi, Zed Run, and Decentraland. These games have been successful in attracting a large number of users, thanks in part to the fast and cheap transactions that are possible on Polygon.

Polygon's Top 10 Partnerships & Integrations

With partnerships established with over ten leading brands, Polygon has emerged as a foremost blockchain service provider on a global scale. We have compiled a list of the top 10 partnerships involving Polygon that have elevated its standing among the leading providers of blockchain technology services.

  1. Reddit
  2. Stripe
  3. Meta
  4. Nothing
  5. Adidas
  6. Adobe
  7. Starbucks
  8. Draftkings Inc.
  9. National Football League
  10. The Walt Disney Company

Blockchain Vs Traditional Games

Blockchain games and traditional games differ in several ways, including ownership, transparency, and monetization.

Ownership:

One significant difference is that blockchain games are decentralized, which means that players have actual ownership of their in-game assets. In contrast, traditional games are usually centralized, meaning that the game developer owns all the assets and controls the game's economy. In blockchain games, players can trade their in-game items with other players, sell them for real money, or even take them to other games.

Transparency:

Blockchain games provide more transparency than traditional games, as all game transactions are recorded on a public ledger that cannot be altered. Players can easily verify the authenticity of in-game items and can be confident that they are not cheated by the game developers or other players.

Monetization:

Blockchain games use cryptocurrencies, such as Ether or Bitcoin, as the main in-game currency. This provides players with more opportunities to monetize their gameplay by earning or buying these cryptocurrencies, which can be used to purchase in-game items or traded on cryptocurrency exchanges. On the other hand, traditional games usually rely on a fixed payment model, where players buy the game or in-game items using fiat currencies.

Blockchain games offer players more ownership, transparency, and monetization opportunities than traditional games. However, they are still in their early stages, and traditional games remain the dominant form of video gaming.

Key Takeaways

It's worth noting that blockchain gaming is still a relatively new and niche industry, and there is a lot of room for growth and innovation. As more developers and users discover the benefits of blockchain technology for gaming, we can expect to see further advancements and adoption in this space. It aims to provide faster and cheaper transactions and a more seamless user experience. The platform has attracted developers and users alike with its low transaction fees, quick confirmation times, and scalability.

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