Planet IX Merger With ArcadeNFT Unleashes Potential For Competitive Gaming And On-Chain Esports

Twitter icon  •  Published 1 year ago  •  Nikolas Sargeant

Leading NFT-based GameFi strategy platform Planet IX  has recently partnered with leading 3D art & Gaming studio ArcadeNFTs

Leading NFT-based GameFi strategy platform Planet IX  has recently partnered with leading 3D art & Gaming studio ArcadeNFTs. The strategy merger will allow Planet IX developers to take advantage of a much sought-after smart contract — the ‘Arena Contract’ — created by ArcadeNFTs.

Polygon-based Planet IX takes players on a journey into a unique metaverse, where the ecosystem features multiple corporations, vendors, and utilities, working towards a collective mission of sustainability in an attempt to rebuild an entire world. A big part of the game’s success has been its drive for progress and evolution. 

Planet IX’s vision is reflected in this deal, with the company’s CMO and co-founder Felix Bengtsson stating that “this partnership is a gateway for further opportunities that will allow Planet IX to be seen as leaders in the NFT and GameFi industry – merging a strategy-based game with on-chain Esports opportunities.”

What The Merger Will Mean For Planet IX

The Arena Contract is developed explicitly for P2E and PVP gaming on-chain, allowing the contract to control various aspects of games all in one place; this includes ranking, prizes, in-game contests, and payments. On-chain gaming taps into the core of decentralization, giving gamers authority in their world, meaning assets, files, and tournament results will be present forever on the blockchain.

The merger will also see the introduction of Arcade’s iconic NFT Genesis Pinball, which is a limited edition, one of 501, NFT launched back in August of 2021. The first of its kind, Genesis Pinball is a real on-chain game inside an NFT. Holders of the Pinball NFT have received free airdrops of every game that ArcadeNFT has released, including platforms like ToadRunnerz NFT and Metadragonz NFT, meaning it’s offered continued value since its release.

Part of the deal with Planet IX means that Pinball holders receive a massive amount of products and assets for free from Planet IX. This will extend to Planet IX’s in-game corporations, which focus on various aspects of the game, all of which have their design, characters, lore, and functions. These are listed here: 

  • Gravity Grade - Delivery Service
  • NetEmpire - Marketplace 
  • Lucky Cat - Raffles and Contests 
  • Y_ - Tech and Hardware Vendor 
  • Global Waste Systems - Waste Management 
  • Eternalab - Lab Filtration and Purification 
  • Newlands LLC - Construction Company 
  • Haveblue - Cosmetics Vendor 

The merge will see ArcadeNFT with its own Planet IX corporation called ‘Arcade.’ The focus of this corporation will be on esports and gaming, gifting members drops, NFTs, tokens, and MetaShares. 

Planet IX’s Massive On-Chain And Esports Potential 

The use of ArcadeNFTs smart contract will allow thousands of players to game simultaneously, a massively multiplayer online game (MMO) except it’s on-chain. Massive on-chain gaming, if you will. The potential is huge. 

The Arena contract will facilitate players-vs-player (PVP) gaming in the metaverse on a big scale. This opens the door for esports, enabling safe gaming through smart contracts with on-chain brackets and autonomous prize pools. On-chain gaming means gamers can earn money while playing their favorite platforms; imagine World of Warcraft or Counterstrike, but with payouts for your everyday player.

Web3 gaming would see players connect their wallets to their gaming accounts and any funds earned would be paid to them directly. Web2 gaming relies on corporations and third-party interference. The potential of on-chain gaming cannot be ignored, and Planet IX is well-positioned to be one of the early pioneers. Once the smart contract has been implemented, competitive gaming will be enabled, and let Planet IX enter the esports market. 

Author

Nikolas Sargeant

Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.