iGaming on the Polygon PoS Network: Playnance’s UPVSDOWN Takes the Lead
iGaming products developed by B2B Web3 platform Playnance are gaining significant traction on the Polygon PoS Network. Through its flagship game UPVSDOWN, Playnance has achieved the top position in terms of transaction numbers on the network. Moreover, the game ranks in the top ten across all blockchains. UPVSDOWN witnesses an impressive engagement, processing 50,000 transactions daily and distributing over 425 million MATIC in just six months.
According to DappRadar, the top 10 GameFi projects on the Polygon PoS Network boasted over 300K unique active wallets in January. This highlights the growth of the GameFi market and the suitability of the Polygon ecosystem for such projects. The Polygon PoS Network’s speed, scalability, security, infrastructure, and developer support make it an ideal choice for developers.
Polygon: Empowering GameFi with Speed and Scalability
As a leading platform for Ethereum scaling and infrastructure development, Polygon Protocols integrate blockchain technology into gaming and financial applications. Its high-performance network ensures quick and efficient processing of games and financial transactions, promoting user engagement and satisfaction. The low transaction fees associated with the Polygon PoS Network make it economically viable for dApp developers, including those in the GameFi space like Playnance’s UPVSDOWN.
Polygon PoS Network: Enhancing Playnance’s Gaming Experience
For Playnance, utilizing the Polygon PoS Network is crucial in enhancing its product offerings. The network’s speed and scalability enable real-time payouts and easy wallet connectivity, improving the onboarding experience for traditional users. These features make GameFi platforms more user-friendly for a wider audience.
The Potential of iGaming in the GameFi Market
The success of UPVSDOWN highlights the potential of iGaming to revolutionize the GameFi market. With a significant number of Web3 games failing in the past due to the lack of real utility, iGaming projects like UPVSDOWN introduce transparency and ownership of in-value assets. Playnance Studio views iGaming as more than a trend but as a viable path to onboard both crypto enthusiasts and newcomers in the sector.
“At Playnance, we aim to develop products like UPVSDOWN that appeal to a broader segment of users, not just Web3 or crypto users. Our iGaming projects are simple and intuitive with no learning curve, so users can simply jump in and receive an enjoyable and financially rewarding gaming experience,” says Saeb Dwairy, CEO of UpVsDown.
Setting New Standards: The Future of GameFi
With the GameFi market projected to reach $48.83 billion by 2028, Playnance Studio’s contributions and the technological capabilities of the Polygon ecosystem are redefining what games can offer. The upcoming wave of GameFi products on the Polygon blockchain is expected to provide players with real financial value, showcasing the transformative potential of blockchain technology and ushering in a new era of Web3 gaming.
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