Neo Global Development (NGD) has selected Polychain Monsters, creator of a cross-blockchain game based on NFT collectibles, as the newest partner to join the growing ranks of the Neo N3 Early Adoption Program.
The Early Adoption Program is part of NGD’s $200 million investment to support growth and innovation in the Neo ecosystem. This program allocates $10 million to encourage development of and collaboration among promising projects on the all-in-one Neo N3 blockchain. Members accepted into this program receive grant funds, technical support, and other incubation opportunities structured to promote growth and success in the Neo ecosystem.
Polychain Monsters offers collectible, animated NFTs that users can find in digital booster packs purchased with $PMON tokens on Ethereum, Binance Smart Chain, and Polygon. Each booster pack includes three collectible NFTs known as Polymon monsters. The monsters in each pack have randomly selected sets of attributes that differ in rarity, resulting in some combinations of attributes that are especially scarce and desirable. The collection continues to expand via special edition drops through partnerships such as ChainLink, Elrond, and Polygon.
The collectible Polymon will play an integral part in multiple on-chain and off-chain games that are under development. Meantime, the Polymon already are traded on secondary marketplaces such as tofuNFT for, in some cases, upward of US $100,000.
In addition to being an NFT and gaming product, Polychain Monsters leverages familiar features from traditional decentralized finance (DeFi) projects: Players of the Polychain Monsters game can earn rewards by farming or by staking. Polychain Monsters has also pioneered a unique approach to NFT staking that allows collectors to earn weekly financial rewards through their Polymon collections based on the opening rates of the project’s booster packs.
Polychain Monsters and Neo N3
The Polychain Monsters tea...