GameOn continues to deepen its relationship with the lucrative Indian market that is nascent and primed for NFT and blockchain adoption, including a recent expanded partnership with entertainment super app MX Player, and a $6 million investment from its parent company, Times Internet.
The Polygon blockchain boasts investors that include Mark Cuban. Blockchain-based game companies such as Forte have surpassed $1 billion valuations. MATIC, the native cryptocurrency of Polygon, recently outperformed Bitcoin and Ethereum. Investments include DraftKings, DeFine and now GameOn. Polygon, a pioneering blockchain that has onboarded millions to the Web3 ecosystem, recently announced Polygon Studios and plans to commit USD$100 million to projects leading the transition to Web3. GameOn's product team is spearheaded by Santi Jaramillo, former Head of Sports at Dapper Labs and creator of NBA Top Shot. The deal will see Polygon Studios provide non-dilutive funding for 50% of GameOn's ongoing product development costs. (CSE: GET) (OTCQB: GMETF), a leading game technology provider to media, sports and entertainment companies, is pleased today to announce a strategic partnership with Polygon ( $MATIC) & Polygon Studios to build NFT-Based games on their Ethereum-based scaling platform. 2, 2021 /PRNewswire/ - GameOn Entertainment Technologies Inc. The non-dilutive investment will see Polygon Studios provide funding for 50% of GameOn's ongoing product development costs in the burgeoning NFT space