Elfin Kingdom expands GameFi goals by working with Polygon Studios

Published on: 14.01.2022

Elfin Kingdom, a play-to-earn platform fusing decentralized finance (DeFi) and GameFi together have announced that they’ll integrate Polygon. Through their budding partnership with Polygon Studios, they’ll aim to expand their GameFi offerings for their userbase.

In the world of Elfin Kingdom, players attempt to capture creatures known as “Elfins” on their journey. Multiple types of Elfins exist and each of them has unique traits and skills. Elfin owners can battle them to see who’s team reigns supreme.

Additionally, you can also mine them to change their form and abilities to progress onward to higher levels.

Through the integration of the Polygon blockchain, players can continue participating in the game’s activities and GameFi offerings, but this time without a high gas fee. It’s because of Polygon’s full-stack scaling solution that all Elfin Kingdom players can play the game without breaking their crypto stash.

Be sure to check out their game and further news as the implementation nears completion.

Elfin Kingdom is a GameFi project merging decentralized finance yield farming and non-fungible tokens with gamified elements in a play-to-earn platform that lets users collect, battle, and farm to earn more with their crypto.

In Elfin Kingdom, players choose their own roles and decide how to take advantage of all the provided opportunities. Through a built-in banking system, every role can maximize its earnings with a clever strategy.

Polygon Studios is the Gaming and NFT arm of Polygon focused on growing the global Blockchain Gaming and NFT Industry and bridging the gap between Web 2 and Web 3 gaming through investment, marketing and developer support. The Polygon Studios ecosystem comprises highly loved games and NFT projects like OpenSea, Upshot, Aavegotchi, Zed Run, Skyweaver by Horizon Games, Decentraland, Megacryptopolis, Neon District, Cometh, and Decentral Games. If you’re a game developer, builder or NFT creator looking to join the Polygon Studios ecosystem, get started here.

Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 1200+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.

SOURCE: https://medium.com/@_polygonstudios/elfin-kingdom-expands-gamefi-goals-by-working-with-polygon-studios-297d8bb7e527

Market Stats:
BTC Dominance: 53.48%(+0.05%/24h)
ETH Dominance: 16.22%(-0.02%/24h)
Defi Market Cap: $88.02B(-7.37%/24h)
Total Market Cap: $2370.28B(+0.19%/24h)
Total Trading Volume 24h: $80.81B(-4.92%/24h)
ETH Market Cap: $383.79B
Defi to ETH Ratio: 22.94%
Defi Dominance: 3.53%
Altcoin Market Cap: $1102.71B
Altcoin Volume 24h: $48.6B
Total Cryptocurrencies: 29414
Active Cryptocurrencies: 9828
Active Market Pairs: 82275
Active Exchanges: 753
Total Exchanges: 8383
BTC: 64360.13$(0.48%/1H)
ETH: 3150.07$(0.56%/1H)
AVAX: 35.43$(0.83%/1H)
BNB: 611.27$(-0.25%/1H)
MATIC: 0.73$(1.41%/1H)
FTM: 0.77$(2.18%/1H)
ADA: 0.47$(0.82%/1H)
DOT: 6.85$(0.97%/1H)
UNI: 7.81$(0.57%/1H)
CAKE: 2.79$(0.31%/1H)
SUSHI: 1.03$(1.37%/1H)
ONE: 0.02$(1.49%/1H)