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Cryptocurrency

Polygon’s Co-Founder Said Web3 Gaming Can Drive Mass Crypto Adoption


Key Highlights: 

  • Sandeep Nailwal, a co-founder of Polygon, emphasized the tremendous potential for cryptos in the game industry.
  • Since the release of scalable web3 gaming infrastructures, Polygon has expanded significantly.

Web3 gaming will soon become one of the main factors driving widespread crypto adoption, according to Sandeep Nailwal, co-founder of the Ethereum scaling platform Polygon.

During an Ask Me Anything (AMA) on May 25 in the r/India Reddit community, Nailwal was questioned about other legitimate at-scale “real life” use cases for blockchain besides trading and payments.

Nailwal responded, “I think gaming is the largest scale opportunity for crypto,” and continued, “It will be fascinating to see if any of the top games that are coming out on Web3 over the next six to eighteen months can decipher the crypto code. For Web3 games alone, last year saw funding of around $2 billion.”

The executive added that one of the biggest projects at the moment is Polygon. He asserted that Polygon might possibly surpass all others in terms of developer traction across all categories. The past two years have seen a substantial increase in interest in Polygon. According to Nailwal, the network is developing cutting-edge zk (zero-knowledge) solutions that enable scalability at a high level.

The expectation for the blockchain future is further increased by Sandeep Nailwal’s insights into the potential for Web3 gaming to revolutionize the crypto space. The gaming industry may soon experience a significant upheaval driven by the adoption of cryptos as Polygon and Immutable X prepare to launch their gaming-focused blockchain.

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