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Stockholm, Sweden, 24 October 2022, Chainwire
Planet IXPolygon’s Largest P&E & NFT Project, Has Entered into a Strategic Merger with Disruptive 3D Art & Games Studio Arcade NFTAs part of the collaboration, Planet IX will be able to incorporate the extremely popular smart contracts developed by ArcadeNFT.
In 2021, ArcadeNFT has developed a first-of-its-kind smart contract specifically created for on-chain P&E and PVP games. Rankings, prizes, and payouts are all controlled and fulfilled entirely on the blockchain in this smart contract. Implementing the contract will enable on-chain competitive gaming in the Planet IX ecosystem. Planet IX enters the esports marketHowever, this is a new kind of esports and gaming framework.
On-chain esports enables safety at all levels of gaming through smart contracts with on-chain brackets and autonomous prize pools. The purpose behind it is basically to reward player engagement by transferring a portion of every in-game transaction to the prize pool. In practice, winning a game of Fortnite or Dota via a decentralized system means that the average daily gamer can make money.
felix bengsonPlanet IX CMO and co-founder said:
The most iconic NFT Arcade brings to Planet IX is the historic genesis pinballLaunching in August 2021, the Limited Edition NFT will allow users to enter and play the game directly into the NFT itself on OpenSea, using a pinball game playable within the NFT. The Pinball NFT is the first-ever on-chain playable NFT for gaming, and the owner has received an airdrop from all upcoming releases by his Arcade NFT.
After the merger, Pinball NFT owners will airdrop as Genesis Corporation NFTs in all of Planet IX’s in-game companies. Pinball owners are also included in the vesting schedule of Planet IX’s native utility token, IX Token, IXT.
A merger came to mind because Planet IX and ArcadeNFT share the same basic ideas and views when it comes to esports and gaming. All players, not just the best teams and event organizers, should have the opportunity to own in-game assets and receive rewards through the game.
ArcadeNFT will help Planet IX take this concept forward. Our long-term vision is to enable P&E and competitive gaming through NFTs and smart contracts. Existing Planet IX ecosystemfurther development of the on-chain gaming concept through partnerships will ensure funding for autonomous prize pools for players of all skill levels.
About Planet IX
Planet IX An NFT-based GameFi strategy platform developed by nibiru softwareWell, it’s actually a sci-fi game and the metaverse. Housed on the Polygon Blockchain, it features a huge marketplace, multiple companies, vendors, and utilities to help players fulfill their collective mission to revive and rebuild the entire world. The game is free to play on mobile or desktop.
Rasmus Rasmussen, Nibiru, [emailprotected]
