Thread by @cyrilXBT

#Polygon is surging in the gaming blockchain space, becoming second only to Ethereum.

Users have flocked to the platform, with engagement up 53% in March alone, according to @DappRadar

Here's what this means for the future of gaming on the blockchain: 🧵 👇

2/ Polygon, originally known as $Matic Network, is an Ethereum Layer 2 scaling solution.

Because of its cheap gas fees and fast transaction times, it is a popular alternative for decentralized applications like gaming. 🕹️💰

3/ Polygon's daily active unique wallets for gaming surged by 65% in March, exceeding other gaming blockchains such as Wax and Flow, according to DappRadar.📈🔥

Image Source @Cointelegraph

Polygon is ahead with 97,000 UAWs, followed by Hive and BNB Chain at 84,000 and 80,000 UAWs respectively.

Wax is in first place with 314,000 UAWs.

4/ Hunters On-Chain game by BoomLand contributed to a significant UAW increase on Polygon, up by more than 17,000% in the past 30 days.

5/ Hunters On-Chain, a Web3 version of Hunt Royale, a free-to-play role-playing game with NFT integrations and Minecraft-like visuals, was released in January.

The game's UAW attendance peaked at 55,300 on March 9th.

Although the anticipation for an in-game #NFT sale on March 31 may have played a role, it is unclear what specifically sparked the spike in interest for the game last month.

6/ Polygon has seen an increase in activity in other decentralized application categories, such as DeFi and NFTs, in addition to gaming.

Its adaptability and low fees have made it an appealing choice for both developers and users.

7/ Polygon Labs, the network's creators, have partnered with high-profile companies like Warner Music, Starbucks, Adidas, Reddit, and Adobe for NFT initiatives.

Additionally, they also launched Ethereum Virtual Machine equivalent on March 27.

8/ This expansion demonstrates blockchain technology's ability to disrupt traditional gaming and entertainment businesses.

9/ If you're a gamer or just curious about blockchain technology, now is a great time to check out #Polygon.

Who knows, you may stumble on a gem.

CT legends who may be into the gaming niche:
@MariusCrypt0
@ZssBecker
@DeFiMinty
@Only1temmy
@ViktorDefi
@0xferg
@TheEliteCrypto

I hope this thread was helpful🫡

Follow me @cyrilXBT for more threads like this.

Like/Retweet the first tweet below if you can:

#Matic #Defi #gaming

https://twitter.com/cyrilXBT/status/1647629147072757762?s=20