Polygon’s Sandeep Nailwal: Gaming is the ‘biggest opportunity’ for crypto mass adoption

by May 25, 2023CryptoNews0 comments

Sandeep Nailwal, the co-founder of Polygon, a platform that scales Ethereum, is optimistic about the future of Web3 gaming and its potential to bring more users into the crypto space. In a recent Reddit AMA, Nailwal answered questions from the r/India community and shared his views on various topics related to blockchain and gaming.

Nailwal said that gaming is the “largest-scale opportunity” for crypto because it can offer fun and engaging experiences that appeal to a wide audience. He also said that gaming could create a new economic phenomenon where players can earn tokens and NFTs by playing and then use them for other purposes.

He cited Axie Infinity as an example of a successful blockchain game that has attracted millions of players and generated billions of dollars in revenue. He also mentioned Gods Unchained, a collectible card game that runs on Ethereum and allows players to own and trade their cards as NFTs.

Sandeep Nailwal said that Polygon is working with many gaming projects to help them scale and reduce costs on Ethereum. He said that Polygon is a layer-two solution and a “layer-zero” platform that connects different blockchains and enables interoperability. He said Polygon aims to be the “internet of blockchains” and support various use cases beyond gaming.

He also revealed that Polygon is developing its gaming studio called Polygon Studios, which will create original games and also invest in and support other gaming projects. He said that Polygon Studios would focus on creating “play-to-earn” games to empower players and create new economic opportunities.

See also  Central bank will establish guidelines for banks' crypto exposure.

Nailwal also expressed his support for the Indian crypto community and said he hopes to see more innovation and adoption from India. He said that India has a lot of talent and potential in the blockchain space and that Polygon is committed to helping Indian developers and entrepreneurs succeed.

Recent News

Recent Posts

Disclaimer: The information provided on this website is for informational purposes only. We strive to ensure the accuracy and reliability of the content, but we make no representations or warranties of any kind, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information. The use of this website is solely at your own risk.
We do not endorse or promote any specific cryptocurrencies, projects, exchanges, or investments mentioned on this website. The inclusion of any external links does not imply endorsement or recommendation.
Please note that the cryptocurrency market is highly volatile and involves substantial risks. You should carefully consider your own financial situation and risk tolerance before engaging in any cryptocurrency-related activities.

Related Post

Binance to Stop Supporting BUSD by February 2024

Binance to Stop Supporting BUSD by February 2024

Binance, the world's largest cryptocurrency exchange by trading volume, has announced that it will gradually cease support for its BUSD stablecoin, which is pegged to the US dollar, by February 2024. The move follows Paxos' decision to halt minting of new BUSD earlier...

Coinbase Stock Hits Record High as Binance Faces Legal Troubles

Coinbase Stock Hits Record High as Binance Faces Legal Troubles

Coinbase, the largest cryptocurrency exchange in the US, saw its stock price soar to an all-time high of $420 on Friday, November 24, 2023, amid a bullish market for digital assets. The company's market capitalization reached $110 billion, surpassing that of major...

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *