In order to build a true community including streamers, players, teams, tournament
operators and advertisers in the world of esports, POLYGAME has designed an
ecosystem around fan tokens, an NFT marketplace, and its own $PGEM token. This
allows all users within the ecosystem to play, compete, possess and earn within one
platform a truly decentralized manner. The power is with the people.
POLYGAME is able to achieve this through the empowerment of Web3, which creates
a transparent and accessible esports ecosystem that prioritizes the protection of IP,
generating opportunity and revenue in the process. With an active user base of
almost a million people, POLYGAME has demonstrated the track record required to
truly elevate esports into an era of blockchain.
Esports streaming is still young, bringing with it challenges but also incredible opportunity.
Lack of Monetization & Revenue streams for Streamers A Fragmented Community & Lack of centralization Gen-Z is hard to reach for Advertisers
POLYGAME's solution will center around our Fan Tokens, the $PGEM token, and our NFT Marketplace, which will be powered initially by the Polygon Blockchain to ensure a layer of transparency, trust and decentralization.
It is our belief that Fan Tokens are aspiration because they unlock accessibility and exclusivity to the team and streamers, allowing for deeper levels of engagement. Streamers & Players can create their own ID process directly on the platform to allow fans and watchers to buy into their journey.
Our marketplace will allow both players, streamers, in addition to anyone else to buy, sell and trade iconic moments, personal player cards, team memorabilia, and livestream grabs of key moments. Transaction fees will be conducted in $PGEM, and other marketplaces including Rarible & OpenSea will be integrated as well.
The $PGEM Token
Our native utility token will be used to not just power the ecosystem, but also as an intermediary asset of transfer between users, players, streamers and anyone else within the POLYGAME world. All transactions, including launching Fan Tokens, accessing the marketplace, and more! In addition, there will be a burn mechanism designed to ensure the scarcity of the $GEM token is always high in demand.
The utility of our token will center around a couple of key areas:
• Incentivizing Engagement: Whether through our staking program, or the first-ever designed "watch-to-earn" system, our fans will have the opportunity to earn $GEM by simply engaging more with streamers and the platform. On the other-hand, streamers will also have an opportunity to join the fun with our "stream-to-earn" mechanism.
• Fan Token Offerings: Streamers will use $PGEM as both the accelerating mechanism as well as the initial asset to supply liquidity when doing a Fan Token offering to broaden the depth of engagement for fans.
• Ecosystem Growth: Engagement isn't the only area of focus for incentivization, as $PGEM will also be used to help the ecosystem grow. This includes builders who want to contribute to the decentralized nature, as well as tournament operators and advertisers.