Hello again!
In this article, I’ll try to explain to you an important partnership announced by the Avalanche platform, which I have written a lot to present before, that is Avalanche and Polyient Games!
I started studying to determine what its significance will be when the Avalanche and Polyient Games partnership news comes out. Because as far as I am concerned, Avalanche will be a serious game-changer for the crypto realm and every innovation and partnership it realizes becomes important for me to search and grasp. Therefore, I believe it’d be better if I inform you a little bit about Polyient Games, you will have a clear opinion on this matter.
Polyient Games is essentially an NFT (Non-Fungible Token) and blockchain-based game platform in the position of a leading role in its class. As you know, NFTs are among the most distinctive elements in the crypto realm and in short, we can say that NFTs, which we can call original crypto assets, are actually collection products. NFTs used for items, especially in games, is a mechanism accepted as the ERC-721 standard, which can be adjusted individually and can be used even for original art products because it is not likely to be copied or multiplied. As you understand from the standard of ERC-721, almost all of the NFTs in the market today are produced on the Ethereum network.
At this point, some problems arise, which I’ve emphasized recently and repeatedly: The Ethereum network is no longer in a position to successfully transfer activities on it at the desired level. Fees have peaked and transfers can cost serious time and resources. In other words, it fails when speed, scalability and fees are considered.
Polyient Games and Avalanche partnership also emerged due to these problems. Avalanche’s maximum level of flexibility, scalability, speed and economy is already designed to build on. DeFi applications of all types, decentralized products can be produced by using the Avalanche network. Therefore, Polyient Games made a strategic decision and chose Avalanche.
What will the partnership promise?
As a result of the partnership, Polyient Games will build a DEX on Avalanche (Decentralized Exchange). This DEX will act as a hub for NFT trading. Let me also state that Polyient Games will have a dual crypto mechanic for the functioning of the system. PGFK (Polyient Games Founder Key) and PGFK Particles (XPGP) which is equal to a 1: 1000 fraction of PGFK. While the main operating duty from the reward system to the inbound trading activities will be carried out over XPGP, PGFK will open the door to privileged services as a very rare NFT.
In addition to all these, we can say that XPGP, which will be directly exchangeable with the AVAX token, will provide exactly what is expected from a utility token. A market that will be put into use with AVAX in the first place will be a source of liquidity as well.
As I have mentioned many times, the Avalanche platform is the best platform to make any decentralized application to be materialized. The platform, which is based on the Avalanche consensus, which has been revealed by using the positive features of the classical and Nakamoto consensus and eliminating the negative parts, carries the key of the future for the crypto and blockchain realms. Together with Polyient Games, we’re starting to watch the steps of actualising this vision.
Stay tuned!
hopelivescr- Avalanche Community Member
