Original author: NFTboi, crypto KOL
Original translation: Lila, BlockBeats
Editor's note: In the development of the NFT ecosystem, Ethereum has an absolute advantage and receives the most attention. In comparison, the NFT market on Polygon seems relatively unknown. Reference reading: "NFT trading volume exceeds $1.2 billion, will Polygon replicate the NFT boom on Solana?" Crypto KOL_ NFTboi posted on X predicting that Polygon's NFT ecosystem is about to heat up, as it has a series of interesting "catalysts," and the effects of these catalysts are further enhanced by Dew, the top NFT aggregator and incubator on Polygon and ZkEvms. BlockBeats compiled the following based on the tweet:
I predict that @0xPolygon's NFT ecosystem is about to heat up.
Why?
On the one hand, it is due to the incentives from @Dew_HQ, and on the other hand, from a series of upcoming powerful projects.
For me, the overall bullishness and performance of the Web3 ecosystem seem to be a combination of strong incentives, blue-chip projects, upcoming airdrops, and exciting mint activities. Currently, Polygon meets all of the above conditions.
Before you start exploring Polygon, you need a @Dew_HQ account. Please note that I hold assets in MBC and Pluto, and hope to collaborate with my team for all the mentioned projects. So, this article should not be considered financial advice. Please DYOR.
1/ Dew
1) Dew is the top NFT aggregator and incubator on Polygon and ZkEvms. They have raised $10 million from well-known institutions such as @0xPolygon and Circle. The team consists of Web3 veterans from giants such as Binance, Tencent, and FTX.
2) Dew's incentives
Dew currently introduces a points leaderboard to incentivize users, with high points leading to more rewards
· Issuing whitelist for upcoming mint events
· Allocating whitelist for their own Genesis Pass
· Do points correspond to tokens?
3) Dew's original Genesis Pass will mainly be allocated to top-ranked participants
These use cases seem quite interesting to me:
· Free IP NFTs
· Whitelists
· NFT airdrops
· Token airdrops planned by Dew and Dew Studios (hinting that it may not just be their own tokens)
4) Considering the combined catalytic effect of Dew points mining + Genesis Pass, it is advisable to pay more attention to blue-chip projects in the Polygon ecosystem (helps to earn additional rewards through related transactions, such as projects on @dokyoworld and @hyperspacexyz)
2/Pluto Misfits
Pluto Misfits is the flagship NFT project on Polygon, invested by the co-founders of Polygon and Polygon.
I think it is quite obvious that this will be a top blue-chip project on Polygon, and will become the center of trading volume and incentives.
Since its minting, Pluto has performed well.
Reached a peak of about 0.5E
Collaborated with many top content creators in the field
Token airdrop coming soon?
If you are afraid of missing out but too lazy to operate, choosing Pluto might be a good decision.
You can see my previous post.
3/Games
It can be said that one of the best use cases for Polygon is to focus on games.
@RealJonahBlake is promoting PFP and Polygon community collaboration for @RealAgencyHQ (I think it will only be on Magic Eden) for more details, please see - https://twitter.com/realjonahblake/status/1743066225498898572?s=46&t=YFSWtZ-jjvCjxqdUAgjy5g
@PlayWildcard has been continuously developing and building since its minting
There have also been some highly anticipated game launches on Polygon recently, such as @AstrArk_World, etc. But I expect there will be more highly anticipated game launches through Polygon and Dew Launchpad.
1) SA World
SA World is a complete gaming experience (infrastructure layer) that powers $SAE, @SummonersArena, and over 50 other games/products. It allows users to experience different games, manage assets through the SA assistant, form guilds, and transfer NFTs between games.
SA World will be freely minted on Polygon in 2024, and participants will receive the following benefits:
$SAE token airdrop
Limited props and merchandise
Privileges provided by partners
Website:
2) Summoners Arena
"Summoners Arena" is a free-to-play idle RPG game with stylish game mechanics and characters, which has been fully developed. It has received support from institutions such as Coinbase Ventures, Pantera Capital, The Spartan Group, Merit Circle, and GuildFi Global.
Trailer: https://youtu.be/knMQzU1aUmg
4/ Polytrade Finance
In addition to games, there is also a promising RWA project. The Polytrade trading market is a global leader, focusing on tokenized real-world assets ("RWAs").
Users can use Polytrade as a single entry point to global tokenization opportunities.
1) Polytrade Team
The project is incubated by Magic Batch. The team brings together over 25 years of financial and technical expertise from companies such as Societe Generale, Securrency, J.P. Morgan, PayU, and AXA.
Founder's LinkedIn - https://linkedin.com/in/piyush-polytrade/
2) Polytrade Investors
Polytrade has raised $3.8 million in equity financing from institutions such as Alpha Wave, Matrix Partners, Polygon Labs, Coinswitch Ventures, and Singularity Ventures. Notable angel investors include Polygon founder Sandeep AggLayer and QuickSwap core contributor Sameep Singhania.
3) Tokens
Polytrade's token market value is approximately $100 million.
· $TRADE is the power source of the Polytrade RWA ecosystem, with functions such as insurance pools, trading fees, and burning mechanisms.
· $TRADE is listed on exchanges such as Kucoin, Gate, Mexc, and can also be traded on Uniswap and Quickswap.
4) Polytrade NFT
Incubated by Magic Batch
1000 NFTs are all free to mint
Staking mechanism
Platform utility
It has not been confirmed yet, but I speculate there may be some kind of airdrop?
5/ Summary
Polygon has enough interesting catalysts in the coming weeks and months to attract more attention (users & traders), and Dew is the driving force and core of this catalytic effect. This will be followed by additional attention and trading of blue-chip projects in the ecosystem, and Pluto will also have the opportunity to perform well.
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