Polygon (MATIC/USD) has hinted its involvement in a major development for the gaming community in India. The layer two network has not revealed any major details regarding this project, but it had hinted that the development will happen on January 18.
The post by Polygon shows that the release could be in collaboration with IndiaGG, which is a leading play-to earn platform in India.
18.01.2022.
Be there. pic.twitter.com/l6adEWPRuJ— IndiGG (@YGGIndia) January 17, 2022
IndiaGG as a play-to-earn platform
IndiaGG is a firm created from a partnership of Yield Guild Games. The play-to-earn guild brings different players together, which allows them to earn through non-fungible token (NFT) games and Polygon Studios.
Polygon Studios is the gaming and NFT division of the Polygon network. In December 2021, IndiaGG announced its formation. The gamers guild has been created through a partnership between YieldGuild and Polygon. The objective of this collaboration is to launch a platform that will be accessible to players operating in India.
The Indian gaming market is one of the largest in the world. Through IndiaGG, these gamers get to venture into the concept of play-to-earn. The platform focuses on teaching players about this concept and how they can earn from it.
The platform has been focused towards growth. Towards the end of 2021, IndiaGG announced that it would be giving several updates in January 211 that will boost its offerings to the gaming community in India.
Polygon participates in a $10M funding round for nCore Games
Polygon was among the companies that participated in a $10 million funding round for nCore Games. nCore Games is one of the leading gaming firms in India. The funding round will support the firm as it looks towards launching web 3 offerings.
Besides Polygon, the other forms that participated in this funding round include Animoca Brands and Galaxy Interactive. These are some of the most popular names in the cryptocurrency sector. The platform also wants to expand into the metaverse and launch its own NFTs and tokens.
Sam Englebardt, the General Partner at Galaxy Interactive noted,
The growth of gaming in India is already undeniable, and the market is poised to take another huge leap forward.
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