Cryptomeda Is Live on Polygon to Utilise Its Fast and Affordable Transactions
As of the third quarter in 2021, Cryptomeda, an NFT ecosystem built on unique collectible cards, has integrated Polygon as the basis for its blockchain-based gaming universe. Today, all the activities on the network, including the ability for users to stake, mine, receive rewards, mint NFTs and ultimately participate in the platform’s highly anticipated game, Meda Wars, are all powered by Polygon.
Competing with Traditional Games
The Polygon platform leverages security, efficiency and affordability, features that are essential for one of the fastest-growing economies on the planet — gaming. As a result, today, more than 60% of blockchain-based web 3.0 games operate on Polygon for its ability to make blockchain-based gaming competitive with traditional console gaming systems.
Polygon has created a full-stack Ethereum scaling solution, its own layer of technology to help offload transactions from Ethereum, a platform that is slow, expensive and harsh on the environment. The result is that games can meet user’s standards of transaction speed and high network latency. As the Cryptomeda community continues to grow, the platform is confident that they can scale alongside their community, with the ability to address tens of thousands of transactions per second. Therefore, Cryptomeda can successfully deliver a quality, state-of-the-art gaming experience that doesn’t lag or provide any issues with speed or pacing, a caveat that has restricted and limited the “gaming ability” for other blockchain-based games to address only trading and creating assets.
Cryptomeda aims to provide more than a transactional experience instead of incorporating a true fantasy story that requires consistent interaction between players. Therefore, operating on Ethereum as the main interface just wouldn’t be possible. By leveraging Polygon, users can interact with the Cryptomeda universe in real-time and experience near-instant transactions instead.
Furthermore, going live on Polygon has also allowed CryptoMeda to address concerns around transaction fees. Transaction fees on blockchains such as Ethereum are inherently expensive, sometimes costing up to 70–100 dollars per transaction in busy periods. Therefore, even simple games with minimal interactions can have costs that balloon. With Polygon, Cryptomeda participants can take advantage of cheaper transaction fees which are eventually expected to become nil, as Cryptomeda will cover the remaining amount.
A Look to the Future
The Cryptomeda team continues to operate with the mission to create a fun and entertaining ecosystem for NFT collectibles that attract mainstream attention. Unfortunately, several challenges still must be overcome for mass adoption, among the most common being the inability to link to other NFT enthusiast communities, and lack of an NFT marketplace, both of which have made new users skeptical about the process. Polygon provides a platform with the power to execute everywhere, as an all-in-one platform and the ability to manage transactions automagically.
Operating on Ethereum, the largest multi-chain system globally provides Cryptomeda with unparalleled interoperability between the Ethereum network and the other side chain, giving the NFT marketplace the greatest opportunity for exponential expansion. With Polygon, our developers can leverage a stand-alone chain to power our infrastructure with community validators from the Cryptomeda team.
A look at the team’s official roadmap shows that Cryptomeda aims to continue leveraging opportunities for cross-chain development, which will provide users closer to a metaverse-like experience without fragmentation. Polygon will continue to provide the support necessary to enable multi-chain NFTs that will increase value as the platform grows. With growth comes a use case for blockchain-based gaming that will further iterate the value of Polygon and DeGames as a whole.
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 1200+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure transaction for your Dapp; get started here.
Cryptomeda is a gaming ecosystem that blends one-of-a-kind NFT collectibles, DeFi mechanics, and crypto characters into an exciting fantasy world. Players of all experience levels can explore Cryptomeda and find various opportunities to earn. Opportunities include finding rare collectibles, winning prize pools, receiving ranked rewards, or acquiring an ultra-rare Revolution card; traversing the world of Cryptomeda is both fun and highly rewarding. All economic activity is facilitated by one unified currency — TECH tokens, which would enable trade and commerce within the platform to tie the world together.