Polygon (MATIC) Village Selects Chainers for Gaming Push

Polygon Labs taps Chainers in the inaugural class of its Village Startup Support program.

Polygon Matic with the game Chainers.
Created by Kornelija Poderskytė from DailyCoin
  • Polygon Labs has named Chainers among the projects supported in its startup accelerator program.
  • The program promises to provide a launchpad for the promising Web3 game.
  • Chainers claims to have several thousands of users already.

The challenges of scalability and blockchain complexity have been a constant specter plaguing the success of Web3 games. Despite this, new projects continue to spring up daily, challenging the narrative with new and engaging experiences to overcome the obstacles. 

One such project is Chainers, which recently received a boost from Polygon Labs, the developers of the Polygon (MATIC) network, in a development that promises to catapult the project into a new growth phase.

Chainers Chosen for Inaugural Polygon (MATIC) Village Startup Support Class

After nearly three months of screening, Polygon Labs recently announced the startups selected for its inaugural Village Support Program Class. The lucky few included Chainers, a promising open-world, free-to-play metaverse game powered by Polygon.

As part of the program, Chainers will gain access to personalized mentorship from Polygon Labs, networking events, funding advice from venture capitalists, vouchers for cloud services, and more.

Sponsored

Celebrating the achievement, Chainers developers asserted that it marked the beginning of a new growth phase.

“Chainers is making waves! Selected from 160 hopefuls, we're thrilled to be among the elite 17 projects joining the prestigious Polygon Village Startup Support accelerator. This partnership marks a new era of growth and innovation for Chainers. Let's soar to new heights together!” the team wrote.

The team has already hinted at potential partnerships with other startups in the program.

What Is Chainers?

Chainers is an open-world game focused on interaction with other players, creating communities, and embarking on adventures. Within the game, players could gather resources, trade with other players, craft their own houses, reap real crypto rewards from farming, and participate in art exhibitions. The game allows for even deeper in-game immersion through its AR technology support and claims to have over 350,000 users who have already minted more than 25 million NFTs. 

Sponsored

Unlike typical games some may be used to, however, characters and items collected within the game represent NFTs on the blockchain, and are stored in custodial wallets that are automatically created for users when they sign up.

Set in a world where all characters start alike and are driven to stand out, Chainers players draw on their creativity to customize their characters with items acquired from various interactive tasks, such as a daily login bonus. 

Players can earn additional rewards through Chainers Farm, where planted crops can be exchanged as NFTs for real crypto rewards every 12 hours, including a wrapped MATIC token called iMATIC. Furthermore, Chainers hosts contests to incentivize players to contribute to the game lore, with winners and participants winning unique items and currency to use in-game.

On the Flipside

  • Chainers faces tough competition from established projects like Sandbox.
  • The current Web3 gaming environment presents a further challenge. A recent CoinGecko study found that three in four Web3 games fail.

Why This Matters

A lack of general funding and technical support has left the Web3 gaming scene gasping for air. Schemes like The Polygon Village Support program are a much-needed launchpad for innovative projects like Chainers’ to pursue stable growth.

Read this for more on the Polygon Village Support Program:
Polygon Labs Inaugurates $90M Grant Program for Founders

Tensions between Avalanche and Polygon look set to take another turn. Find out more:
Sports Illustrated Dumps Polygon, Taps AVAX for NFT Tickets

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Okoya David

David Okoya is a crypto news reporter at DailyCoin based in Nigeria. He covers various topics related to the cryptocurrency industry, including exchanges, regulations, and price movements, and strives to bring fresh angles to breaking news. With experience as a freelance crypto news writer, David upholds the highest journalistic standards, telling complete stories and answering lingering questions whenever possible.