- Blockchain-powered gaming platform Xaya is integrating with Polygon
- The platform’s CHI token will also be available on Polygon in a wrapped version
- Polygon’s Ethereum-compatible sidechain has been gaining popularity in recent months
Blockchain gaming platform Xaya is integrating with Polygon
Blockchain gaming platform Xaya is teaming up with popular Ethereum scaling solution Polygon in a bid to boost the scalability of its blockchain gaming ecosystem. Xaya was created by Autonomous Worlds, a blockchain development and consultancy firm. As part of the partnership, Autonomous Worlds plans to develop games that will implement their blockchain-powered features on Polygon.
The Polygon sidechain is compatible with Ethereum, and allows tokens that are locked in specialized Ethereum smart contracts to be minted on Polygon so that they can be transacted faster and cheaper. Xaya will take advantage of this functionality and deploy a wrapped version of its CHI cryptocurrency on Polygon.
Thanks to the properties of blockchain, the Xaya platform opens up some very unique possibilites to game developers. In-game assets can be traded through atomic swaps, which cuts off scammers. Xaya also allows games to implement provable fairness to show that they aren’t producing results biased towards particular players. Since players own in-game assets on the blockchain, they can transact with them freely and retain full ownership at all times.
Xaya is also collaborating with major video game publisher Ubisoft – it was one of the projects selected to participate in the company’s fifth Ubisoft Entrepreneurs Lab program.
“We’re excited to bring our vision of deep economics and complex gameplay to the Polygon blockchain. Following the growth of DeFi and NFTs, we believe blockchain gaming will be the next big opportunity to take blockchain mass market. Our partnership with Polygon will only accelerate that trend.”
Polygon saw a steady growth in activity in the first months of 2021 but the platform really took off starting in May. According to data from Nansen, the platform now has over 50,000 daily active addresses, and is handling more than 6 million transactions per day. Some of the most popular apps that are deployed on Polygon include QuickSwap, SushiSwap and Aave.
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