Spotlight: Polychain Monsters (PMON)
For this edition of Polylastic’s Spotlight series, we will be covering the popular blockchain-based trading game. A decentralized gaming platform, Polychain Monsters combines the mechanics of 90s Pokemon trading cards with technology and NFT integration. Its token, PMON, powers the Polychain Monsters ecosystem. Let’s get right into a detailed breakdown of this amazing project, including its history and how it functions.
Polychain Monster Origins
Polychain Monsters is a relatively new platform in the world of non-fungible tokens (NFTs). It was officially launched in March 2021 under the name Polkamon. The platform was later rebranded to Polychain Monsters in June 2021. The platform is the brainchild of three software engineers, Leif Eric Leiser, Lennart Brandt, and Finn Hansen, who are the CEO, CMO, and COO respectively.
The main goal of the founders was to improve the NFT collectibles experience by simplifying the operability of the platform and adding layers of complexity to the NFTs to boost their rarity. To achieve this, the team created a range of innovative features, such as Rainbow Fusion, Reverse Swaps, and the Polychain Islands game. Additionally, they designed the platform to directly function with other popular blockchain projects.
In a short span of time, Polychain Monsters has become a popular platform in the NFT space, thanks to its unique approach to NFTs and its use of a native token called PMON. Users can purchase and collect digital booster packs that contain animated NFTs of individualized monsters and creatures, called Polymon, which can be traded on the platform’s marketplace and other secondary marketplaces, and also used in a 3D multiplayer play-to-earn game called Polychain Islands.
What Are Polychain Monsters?
Polychain Monsters is a digital collectibles platform where users can buy, sell, and trade unique, animated monsters called “Polymon.” These monsters are represented as non-fungible tokens (NFTs) on the blockchain, which means they are one-of-a-kind and cannot be replicated or replaced. Users can purchase these Polymon through digital booster packs, which can be traded on the platform’s marketplace or other marketplaces. The platform also offers a 3D multiplayer game where users can earn rewards and unlock special traits for their Polymon.
How Do Polychain Monsters Work?
Polychain Monsters is a non-fungible token (NFT) platform that allows users to purchase and collect digital booster packs containing animated NFTs of individualized monsters and creatures, called Polymon. The platform utilizes PMON, its native token, for the purchase of booster packs and unlocking of specialized traits on the NFTs.
Here is a brief overview of how Polychain Monsters works:
- Users can acquire PMON tokens, which are the platform’s native tokens, through various means such as buying them on cryptocurrency exchanges or earning them through gameplay on the platform.
- Once they have PMON tokens, users can purchase digital booster packs that contain three Polymon. Each Polymon is a unique NFT with various traits that are generated at random.
- Users can then trade their Polymon on the platform’s marketplace and other secondary marketplaces, where the rarity and desirability of Polymon can influence their value.
- Users can also unlock additional and rarer traits through gameplay and staking. These traits include backgrounds, colors, species, horns, and more.
- Additionally, users can engage with the platform’s 3D multiplayer play-to-earn (P2E) game called Polychain Islands. Players can earn rewards through in-game activities and can use these rewards to unlock new Polymon or upgrade existing ones.
- There is also a feature called Rainbow Fusion, where users can combine multiple Polymon to create a new one with a higher rarity, this increases the desirability of the NFTs.
- The Reverse Swap feature allows users to trade their unwanted NFTs on the platform for band new booster packs.
Overall, Polychain Monsters aims to provide a unique and gamified approach to NFTs, with a focus on making the operability of the platform simple while adding complexity to the NFTs to increase their rarity. It also aims to be cross-chain, meaning it will directly function with other popular blockchain projects.
The Future of Polychain Monsters
It can be expected that platform will continue to evolve and expand in the coming years, as it is a unique approach to the use of NFTs and blockchain technology. The team seems keen on developing innovative solutions and attracting more users to the platform. Additionally, the overall adoption and interest in NFTs and blockchain technology will likely have an impact on the future of Polychain Monsters.
In Closing
We hope you enjoyed this edition of Polylastic’s Spotlight series as we covered Polychain Monsters! The Polylastic team hopes you have gained valuable insight into this unique project. This concludes the latest edition of ‘Spotlight.’ We look forward to bringing you a more in-depth analysis of other Polygon-built projects. Thank you for reading and stay tuned!
