23 September 2021, Hong Kong — GAMEE, a subsidiary of Animoca Brands, is pleased to announce a partnership with Polygon Studios. GAMEE will deploy its GAMEE token (GMEE) and upcoming blockchain mobile gaming application Arc8 on Polygon’s energy-efficient network, which provides a scaling solution for GAMEE’s play-to-earn platform. The move to Polygon will minimize Arc8 users’ transaction fees and make play-to-earn activities more efficient.
The initial limited beta of Arc8 on Polygon quickly became the #1 Dapp on Polygon by users as ranked by DappRadar. The full launch of Arc8 on Polygon will occur in the coming weeks. Arc8 is a high-adrenaline mobile esports platform where players compete in games and earn rewards. Players use GMEE tokens to participate in Arc8’s 1v1 matches and tournaments, and to purchase Arc8 non-fungible tokens (NFTs) that are used to enhance the game experience.
GMEE is the utility token of GAMEE, used to pay for entry fees in special events and for purchasing NFTs. The GMEE token will have governance functions, including allowing token holders to vote on GAMEE roadmaps, game deployment, and the distribution of prize and rewards pools.
Today also marks the listing of the GMEE token on QuickSwap, where it is paired with WETH and QUICK, and users can now obtain GMEE directly on Polygon. In addition to QuickSwap, GMEE is already listed on Uniswap, Sushiswap, Kucoin, MEXC, and Bitmart.
Bozena Rezab, CEO and co-founder of GAMEE, said: “We found the perfect match for our gaming technology with Polygon, it will allow us to provide a faster and more efficient way for our players to join gaming tournaments, buy tokens and withdraw winners’ rewards. Joining Polygon’s fast-growing ecosystem of gaming Dapps also gives us the ability to introduce Arc8 to millions of more players, without worrying about expensive and slow transactions. We’re excited to launch and grow Arc8 on Polygon.”
Yat Siu, co-founder and chairman of Animoca Brands, commented: “We look forward to working with Polygon as Animoca Brands extends its portfolio of products. GAMEE’s integration with Polygon will help us in our mission to deliver digital property rights to people around the world, as we work to achieve true play-to-earn economies and a more equitable digital framework for the new era of blockchain-based entertainment.”
Sandeep Nailwal, co-founder of Polygon, added: “Arc8 and GMEE tokens are welcome additions to Polygon. Polygon has clearly established itself as the platform of choice for world’s most innovative game developers. We’re already working with more than 60% of today’s blockchain-based Web3 games and we’re excited to support Animoca Brands’ team in the exciting launch of GAMEE’s Arc8.”
Polygon is one of the first well-structured, easy-to-use platforms for Ethereum scaling and infrastructure development. By combining multiple L2 scaling approaches, including sidechains (Standalone or Shared Security) and other approaches to scaling, like zk Rollups and Optimistic Rollups, Polygon solves widespread problems such as high transaction fees and long transaction times.
Currently, Polygon houses substantially more gaming and NFT Dapps than other chains outside of Ethereum, with more than 500 Dapps already in the Polygon ecosystem. Polygon also boasts over 60 million unique users and has facilitated more than 600 million transactions, both of which are growing at a rapid pace.
More information on GMEE is available in the GAMEE lightpaper.