Polygon launches blockchain gaming and NFT studio

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Through Polygon Studios, Polygon is attempting to corner two key segments of the blockchain industry: gaming and nonfungible tokens.

Ethereum (bit-cointalk.com/bitcoin-price” data-amp=”https://cointelegraph-com.cdn.ampproject.org/c/s/bit-cointalk.com/bitcoin-price-index/amp”>ETH) infrastructure developer Polygon has spun off a new subsidiary to advance its work in blockchain gaming and nonfungible tokens, or NFTs, offering further insight into the company’s long-term growth strategy.

The newly formed Polygon Studios has three core 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 bit-cointalk.com/news/how-nfts-defi-and-web-3-0-are-intertwined” data-amp=”https://cointelegraph-com.cdn.ampproject.org/c/s/bit-cointalk.com/news/how-nfts-defi-and-web-3-0-are-intertwined/amp”>transitioning to Web 3.0.

Through an initiative called Polygon Gaming Studio, the company aims to help 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.

“With the launch of Polygon Studios, games get 360-degree building support, big brands and much loved franchises can launch on Polygon, and gamers can enjoy a whole new world of play to earn opportunities and decentralised gaming,” the company said Monday.

Related: bit-cointalk.com/news/polygon-and-au21-capital-unveil-21m-fund-to-support-polygon-developers” data-amp=”https://cointelegraph-com.cdn.ampproject.org/c/s/bit-cointalk.com/news/polygon-and-au21-capital-unveil-21m-fund-to-support-polygon-developers/amp”>Polygon and AU21 Capital unveil $21M fund to support Polygon developers

Polygon has quickly emerged as one of the more developer-friendly platforms in the blockchain industry. The platform bit-cointalk.com/news/polygon-active-users-grow-by-75-000-as-defi-boom-continues” data-amp=”https://cointelegraph-com.cdn.ampproject.org/c/s/bit-cointalk.com/news/polygon-active-users-grow-by-75-000-as-defi-boom-continues/amp”>added 75,000 new users over a seven-day period in May and has been the source of bit-cointalk.com/news/polygon-committing-10m-to-reach-1m-users-using-0x-api” data-amp=”https://cointelegraph-com.cdn.ampproject.org/c/s/bit-cointalk.com/news/polygon-committing-10m-to-reach-1m-users-using-0x-api/amp”>major partnerships around decentralized applications. Billionaire investor bit-cointalk.com/news/mark-cuban-officially-backs-polygon” data-amp=”https://cointelegraph-com.cdn.ampproject.org/c/s/bit-cointalk.com/news/mark-cuban-officially-backs-polygon/amp”>Mark Cuban has also backed Polygon for its technical prowess and growing user base.