Polygon Studios is a division of a prominent India-based blockchain creator (Polygon), which functions as a gateway for consumer brands looking to embrace Web3 space, as stated by CEO Ryan Wyatt. For example, such well-known brands as Prada, Adidas Originals, and Starbucks (with NFT-rewards loyalty program) have launched their own NFT collections on Polygon.
Polygon Studios serves as a hub for NFT, Gaming, and Metaverse projects built on the Polygon protocol. The fund partners with major NFT initiatives with renowned IP and Brands while providing a superior solution for blockchain energy efficiency and scalability.
Polygon Studios Overview
Polygon Studios - About
Polygon Studios serves as an incubator for emerging companies and well-established traditional brands helping them to go through the many dimensions of the transformation into the metaverse and Web3 world. It supports the business and creative community in their enthusiasm of building big things in the NFT, crypto gaming, and metaverse segments of the crypto industry.
Led by Ryan Wyatt, former head of gaming at YouTube, Polygon Studios boasts approximately 198 million distinct wallet addresses. This platform enables users to purchase, sell, and collect NFTs (non-fungible tokens) and has recently collaborated with Starbucks to introduce its NFT-based Odyssey loyalty program.
Among the remarkable Polygon Studios’ portfolio members, we can highlight the following startups: Sandbox, Yield Guild Games, Monsters Clan, Push Protocol, Rainbow Token, Ethernity Chain, and many others from the blockchain gaming sector.
Here is the current balance of interests in the portfolio.
Total number of investments: 40
- GameFi: 51.1%
- NFT: 22.2%
- Blockchain Service: 20%
- Social: 6.7%
