Polyient Games — NFT DEX on Avalanche platform

Jason Win
Avalanche Hub
Published in
3 min readSep 23, 2020

Friends, I congratulate you on the long awaited launch of the Avalanche mainnet! There is a lot of news ahead, many new applications and products on the Avalanche platform.

By the way, yesterday I tried to forward several transactions, it was very fast and easy. In addition, the delegation function is also implemented as simply as possible. Everything can be done from a wallet that is available in the browser. You don’t even need to download anything! Try it, it’s very convenient!

Well, now to the point. Back in July, we learned about the partnership between Polyient Games and Avalanche, let me tell you in simple terms what Polyient Games will do.

Polyient Games — the industry’s first investment firm focused on non-fungible tokens (NFTs) and blockchain gaming. In fact, this is a huge company that is actively developing the NFT token market and strives to create a convenient product for its users.

I had one case. There is such a game, Ethermon, it is implemented on Ethereum and to start the game, you can request a starter set of NFT heroes. However, the request costs money, as does any breath on air. And if earlier the transaction cost no more than a dollar, then a month ago it was about $ 30.

I think you understand that on the Avalanche platform, Polyient Games will not have such problems.

The company has come up with a very interesting tokenomics, which I think is very balanced. Let’s figure it out.

There will be two types of tokens in the system:

  1. PGFK
  2. XPGP.

1.PGFKs are an ultra-rare ERC-721 NFTs enabling holders to gain membership to exclusive sections of the Polyient Games Ecosystem, in addition to unique rewards that evolve over time. The total maximum supply will be 20,000 PGFK. The first PGFK sale was completed recently, on which 12,500 PGFK were sold.

Sale Price — 1 PGFK = 400 Dai

The remaining 7500 will be distributed as follows:

— Partners & Giveaways: 7.26%
— XPGP Liquidity: 66.67%
— Team: 26.07%

So what is PGFK unique in?

I will briefly talk about this, you can read in more detail here:

Early-access to partner games, PGFK Holders-only Lobby, PGFK Member Rank, Early-Access to the Polyient Games Marketplace, Polyient Games Marketplace Fee Reductions.

2.XPGPs are the fractional unit that represents 1:1000 of a full PGFK. Thus, you should understand that the total supply of XPGPs cannot exceed 20,000,000.

There will be a special bridge that will allow transforming PGFK to XPGPs and back. XPGPs will provide all of the utility token functions within the Polyient Games Ecosystem and Marketplace. XPGPs will be used for the following:

  • Main transactional unit for all purchases made within the Polyient Games Ecosystem platform
  • Main payment option for NFT pre-sales and auctions conducted within the Polyient Games Marketplace
  • Main trading pair for all fungible tokens listed on the Polyient Games Marketplace (Ecosystem member in-game currencies, Polyient-backed token projects, and more)

In great detail about the benefits of XPGPs is written in this article, please read.

Most interesting, however, is that the benefits of storing PGFK do not extend to XPGP holders. This statement is true and vice versa. Those benefits that XPGP holders will have will not be available to PGFK holders. Thus, it is a great system for maintaining the balance and value of both tokens.

By @Raptor2799

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