March 28, 2024
Cryptocurrency News

Polygon (MATIC) Co-Founder Praises Gaming As A Huge Opportunity

Polygon co-founder is praising gaming as a massive opportunity. Check out the latest reports about this below.

Massive opportunity is seen in gaming

During his recent Reddit ask-me-anything (AMA) session, Sandeep Nailwal, co-founder of Polygon (MATIC), an Ethereum (ETH) layer-2 scaling solution, shared his belief that the future of cryptocurrency is in the gaming industry. He also answered questions about his project and the crypto space in general.

When asked about potential real-life use cases for the blockchain, the Polygon co-founder said he thought gaming represents the “largest-scale opportunity for crypto.”

“And gaming adopts new technology in hoards. There are some top games launching in Web3 in the next 6-18 months and it would be very interesting to see if some of them are able to crack the crypto code.”

He continued and stated the following as per the online publication the Daily Hodl:

“Last year itself there was $2 billion+ in funding for Web3 games. Polygon combined with its ecosystem players like ImmutableX (IMX) got the lion’s share in terms of those funded games. Fingers crossed for some of them to go big!”

Here’s more recent news involving gaming.

ETH-based altcoin price surges

An Ethereum-based (ETH) gaming altcoin managed to shine in the crypto markets after being listed on tech giant Apple’s app store.

In a new announcement, the important gaming metaverse Axie Infinity (AXS) says it’s expanding its global reach by joining forces with Apple to bring over its strategy-based card game to iPhone users in Latin America and East Asia.

“We’re thrilled to announce that Axie Infinity: Origins is now available on iOS in select countries across [Latin America] and Asia!”

The announcement continued and said the following:

“This is [an] important step towards a world where anyone, anywhere can experience the magic of Axie on their preferred device. If you live in Argentina, Colombia, Peru, Mexico, Venezuela, Indonesia, Malaysia, or Vietnam, you can now download Origins for iOS from the AppStore.”