- GameOn (GET) has partnered with Polygon Studios to offer NFT-based games on a mass scale
- Polygon, a pioneering blockchain, offers an easy-to-use platform for Ethereum scaling and infrastructure development
- The companies will build the games on Polygon’s Ethereum scaling platform
- Polygon will also provide non-dilutive funding to invest in 50 per cent of GameOn’s ongoing product development costs
- GameOn Entertainment, a Victory Square (VST) portfolio company, provides media, entertainment and sports companies with innovative white label game technologies
- GameOn (GET) is up by 3.85 per cent and is currently trading at $0.27 per share
GameOn (GET) has partnered with Polygon Studios to offer NFT-based games on a mass scale.
Polygon, a pioneering blockchain, offers an easy-to-use platform for Ethereum scaling and infrastructure development. It plans to invest US$100 million into projects leading the transition to Web3, including DraftKings, DeFine and now GameOn.
The companies will build the NFT-based games on Polygon’s Ethereum scaling platform with Polygon providing non-dilutive funding to invest in 50 per cent of GameOn’s ongoing product development costs.
GameOn will use the investment to offer full-stack capabilities for the creation, minting and selling of NFTs, as well as the game layers it already deploys for white label customers.
GameOn’s product team is spearheaded by Santi Jaramillo, former Head of Sports at Dapper Labs and creator of NBA Top Shop.
Matt Bailey, GameOn’s CEO, stated,
“Leveraging Polygon’s technology, GameOn continues to lean into blockchain and NFTs, bringing innovative gamification to the rapidly growing Web3 and metaverse economies. Through resource-driving partnerships and M&A, we’ll continue to double down on being the one-stop shop for gamification, including NFT-based games.”
Sandeep Nailwal, Polygon’s Co-Founder, added,
“Polygon is dedicated to supporting companies that usher in the future of Web3. GameOn is one of the fastest-growing game technology providers in the blockchain space. We’re excited to support their development of NFT-based games on Polygon.”
GameOn Entertainment, a Victory Square (VST) portfolio company, provides media, entertainment and sports companies with innovative white label game technologies.
GameOn (GET) is up by 3.85 per cent and is currently trading at $0.27 per share as of 9:30 am EST.
