Polygon launches two key segments of the blockchain industry in gaming and nonfungible tokens.
Ethereum developer Polygon has launched a new subsidiary to advance its work in blockchain gaming and NFTs, offering further insight into the company’s long-term growth.
The newly formed Polygon Studios has three objectives. Establish Polygon’s position as the leader in decentralized gaming, create a brand that attracts developers and investors to its NFT ecosystem and position Polygon as the best venue for transitioning to Web 3.0.
The company seeks to assist developers create and market decentralized games. A separate initiative, Polygon NFT Studio, aims to help brands and intellectual property owners launch customized digital collectibles and marketplaces. Polygon has appeared as one of the more developer-friendly platforms in the blockchain industry. The platform added 75,000 new users over a seven-day period in May and has been the source of major partnerships around decentralized applications.