Building the Sports (Mining) Experience. How Polygon is helping dotmoovs to make Play2Earn a reality
Gamifying Sports with an exciting approach
Some time ago we were announcing how Polygon was helping dotmoovs to scale. In fact, we’ve explained very thoroughly how Polygon combines the best of Ethereum scaling ensuring low fees and fast transactions. We wrote back then that by exploring Polygon’s platform, dotmoovs would benefit from the scalability power that gives our rewards in NFTs a more seamless transactional experience. With no more networking clogging and lag we believe this could attract a much wider audience of sports and NFT enthusiasts — a real-time NFT gamification.
From day 1, we’ve been talking about rewarding users, promoting personal development and removing the complications of challenges in sports. And, for the ones paying the most attention, we might have mentioned two or three times an interesting combination of words: “Sports Mining”.
Polygon’s potential is enormous, and while a lot can be done together with them, we’re starting with our own Sports Mining.
The beginning of Sports Mining
Sports Mining brings an out-of-the-box concept to the table: what if we would allow our users to earn while playing but also when they’re not? Intrigued? Good.
We’re talking about combining Play2Earn, where players earn when playing, with Staking, a way of earning while the tokens are parked (like a bank deposit when you earn some interest rate when you’re not moving your money around). Simple, right? You can stop reading now…
Well… Not so fast, young athlete. We have a couple more things up our sleeves — in fact, we will be able to go a little further:
You’ll be able to earn while playing. You’ll be able to earn when you park your $MOOVs in the app… And you will be able to earn $MOOV for every transaction on the marketplace.
Collect $MOOV and NFTs by playing our challenges
Our players will be able to collect $MOOVs and NFTs by playing in our challenges and thus gamify their training — that’s our goal: incentivizing personal development and rewarding effort and results.
With the help of Polygon’s technology, we’ll be able to build our NFT Marketplace where users will be able to buy, sell or trade NFTs. In a nutshell, NFTs can be stored, displayed, traded, and in some cases minted (created). Think Amazon or eBay for digital collectibles.
Why is Polygon important? Because we want to make our platform fast processing microtransactions and with fees as low as possible. And that’s Polygon’s key advantages.
The future of sports is now. And the future is Play2Earn.
At dotmoovs, if a player wants to waive their hand in an NFT or they need it in order to enter a specific tournament, they’ll have to work their butts off. Do they want to be on the leaderboard and ranked in the Top 10 to get extra rewarded or multiply their gains? You guessed it: there’s no other way than hard work — but you already knew this.
When players are in a Play2Earn environment, they expect 3 things:
- The most talented and/or engaged ones will get rewarded;
- Rewards and assets will be tradable;
- The in-game economy will be transparent while being encouraged to participate in the creation of new experiences on top of the core experience.
dotmoovs will leverage the NFT minting and burning features, pack creation, collectible gamification leaderboards, allowing users to be able to bid, trade, and sell their NFTs using a marketplace with very efficient mechanics. Also by storing NFT data using IPFS they can ensure permanence and immutability.
dotmoovs is the first crypto mobile worldwide competitive environment. There, users can compete with others around the world just by bringing their skills, ambition, and smartphone. We will do the rest with our AI-based video referee to assess their performance. We believe that the work people put into their regular sports practice should be rewarded. So, practice, challenge others around the world and get $MOOVs and NFTs when you win!
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, ~350M txns, and ~13.5M+ unique users.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.