Polygon network launches blockchain gaming platform Intella X
As we cycle through the current crypto bear market, the gaming sector has been booming with new stories and announcements coming at regular intervals.
This latest news comes from crypto heavyweights Polygon as they have teamed up with South Korean online game publisher, Neowiz.
Together, these 2 blockchain companies have curated ‘Intel X‘.
Image credit | Polygon
Announce the collaboration
Polygon took to Twitter early today to announce the new collaboration:
“Polygon and Neowiz have teamed up to launch blockchain gaming platform TeamIntella, bringing Neowiz’s popular gaming IP, including ‘Cats & Soup’ and ‘Brave Nine’, to Web3 for the first time.
Polygon is based on top of Ethereum and is a Layer 2 solution. The cutting-edge technology behind this has led previous companies to collaborate with them on projects such as Mercedes Benz, the infamous car manufacturer from Germany.
Coca Cola is also in talks with Polygon in relation to releasing a Non Fungible Token (NFT) collection.
It is clear that Polygon rubs shoulders with some of them biggest known names. With all the activity from institutional investors in the Web3 world, perhaps the downward trend has been part of their plan to invest all along?
Having proven all the overall scale and possibilities of Web3 when done ethically and with an actual product/service, the sky is the limit.
Who is Neowiz?
Resident from Asia, Neowiz specializes in online games, with a huge catalog behind them.
Popular titles from this company include ‘Cats and soup‘, ‘Brave Nine‘, ‘House of Slots‘ to mention some.
As a result of their current success, these and other popular titles will be fully integrated on the Intella X platform in 2023.
Neowiz has in existence since 1997 making primarily triple A indie games.
In the past, however, their website shows their past work crossing over to what would now be considered blockbusters, FIFA Online and Battlefield Online.
Image credit | Blockchain Reporter
What features are included?
As we have covered, users can to play games via the blockchain enjoying their full experience.
Since this is Web3, it has a lot more to offer. The first offering comes in the form of staking as players are able to stake and give the original token in the decentralized exchange provided by Neowiz. The platform’s token is the IX token.
If you are a Web3 developer, there are also more opportunities to earn with the “Develop and Earn” initiative. Contributors to the Intella X system are paid in the IX token.
To follow the release of Intella X, Neowiz is releasing a dedicated crypto wallet called IX Wallet. Further access to NFT marketplaces, bridges, NFT launch pads to name a few.
It’s clear that there is a lot of potential for Intella X when looking into the future. The incentives provided to users should hopefully attract users to the platform.
Current bear markets could turn bullish if announcements like this keep popping up.
However, it is important to always do your due diligence on topics related to crypto and blockchain technology due to the complexities inherent in them. Research is key before investing in anything you see on the internet!
