Soyuzmultfilm will start releasing games with NFTs on the Polygon blockchain

What’s new? The Soyuzmultfilm film studio announced plans to develop computer games based on the Polygon blockchain platform. The games will involve cartoon characters in the form of NFT tokens. The studio's commercial director Vladimir Chibisov announced this at the Eastern Economic Forum (EEF), TASS reports.

Information on the TASS website

What else did Chibisov say? According to him, the idea of the studio is to attract to Soyuzmultfilm not only children but also young people who often spend time playing computer games. Chibisov noted that all characters should be “positive and carry a cultural code.” He added:

“Young people are now very interested in gaming, so in cooperation with Polygon, we are planning to create game spaces on the basis of this platform (I am already getting a bit ahead of myself) to make Soyuzmultfilm characters possess certain characteristics that can be upgraded by using some game resources inside this platform.”

At the EEF, an agreement between Soyuzmultfilm, Polygon, and the entertainment company OD Business Technologies Group (ODBT) for the development and support of the studio's NFT projects was signed. The Polygon/Cere joint venture will invest about $4 million in them. The release of the first non-fungible token is scheduled for late 2022.

What is known about Polygon? It is a network of secure Layer 2 (L2) solutions and sidechains for scaling Ethereum and running decentralized applications (dApps), access to Web 3.0, DeFi and NFTs. As of August 10, more than 37 000 dApps had been created on the test and core network. As of September 8 at 11:25 UTC, the native MATIC token is trading at $0,83, having gained 3,3% overnight, according to Binance. The asset is ranked 15th by CoinGecko with a capitalization of $6,19 billion.

Earlier, Polygon co-founder Sandeep Nailwal launched Symbolic Capital, a $50 million venture capital fund to support crypto startups in emerging markets.

On the occasion of International Friendship Day, Coca-Cola launched a collection of NFTs on the Polygon blockchain. The tokens have a unique share-to-reveal feature, each drawing is revealed only after the user has shared it with a friend.

Polygon is also one of six companies that will participate in Disney's 2022 Accelerator Program.