GameFi Platform Polemos Launches White Paper

Announcements, Blockchain, News | December 28, 2021 By:

Polemos has released a white paper that lays out a strategy to build the world’s first GameFi platform to enable any individual or group to connect and monetize idle NFT gaming assets from integrated blockchain games.

In a press release, Polemos said that their GameFi platform will be a world-first decentralized combination of a marketplace, guild, and college governed by a Polemos token that is being released for a public sale in Q1 2022. Initially, the token provide utility through three mechanisms – governance, revenue distribution and staking yield – that work harmoniously to improve the financial inclusion and education of communities.

The Polemos guild will recruit, fund, train, and support participants to build their own wealth and education through gaming, with an initial focus on the play-to-earn game, Illuvium.

The Polemos college will allow its members to participate in high-quality courses around supported games, blockchain, cryptocurrencies, and more. This could provide life-changing knowledge and even ways out of poverty through the earning opportunities found in play-to-earn games.

Individuals, investors, or even entire guilds will also be able to generate additional revenue as “Asset Providers” (APs) by staking idle assets for games that are fully integrated into the Polemos ecosystem – a key differentiating factor.

Competitive play is at the forefront of Polemos. The Polemos DAO plans on supporting the adoption of esports in the blockchain gaming space by hosting regular championships, leagues, and other competitions via its own Esports Hub.

Utilising the funds of the Partner Games Vault – which initially holds 10 per cent of the total maximum supply of Polemos tokens and allows game developers to pay out additional yield inside their games – Polemos will be able to strike early deals that include the right as official esports organiser.

Sascha Zehe, co-founder of Polemos, said: “We strongly believe GameFi is going to revolutionize the entire gaming industry over the next few years. The ownership of NFTs and the earning potential of play-to-earn will inevitably lead to the mass adoption of blockchain games. We not only plan to support this change through marketing and education, but aim to build Polemos into one of the leading projects by capitalizing on the early-adopter opportunities.”