🟪 Web3 gaming on the AggLayer sees more development with Moonveil and Sonic partnership

Polygon Weekly Overview - September 27, 2024

Welcome back to the Polygon Weekly Overview. The best place for Polygon community members to get up to speed on the chain’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place. 

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By The Numbers

• Polygon daily active users: 576.1K (-9.83%)

• Polygon daily txns: 2.7M (-4.6%)

• Polygon Total Volume Locked (TVL): $929.08M (+4.0%) 

• NFT weekly sales volume: $5.9M (-6.0%)

• Top 3 NFT collections by sales volume: 

  • Trump Trading Card: $1.26M

  • Mining Pass: $1.11M

  • Courtyard: $820.9K

The percentages and metrics are based on a 7-day timeframe, unless noted otherwise.

AggLayer Spotlight

🟪What happened: Moonveil, a gaming-centric layer-2 network, announced a partnership with Sonic, a Solana-focused SVM chain, with the goal of improving interoperability for gaming within the AggLayer and across ecosystems.

🟪Why does it matter: Moonveil plans to leverage the Polygon Chain Development Kit (CDK) and zero-knowledge proofs as well as connect to the AggLayer to provide a more secure game development experience. Its goal is to offer seamless cross-chain liquidity, interoperable rewards, and a more unified gamer experience for users.

Moonveil also wants to help scale web3 games with increased liquidity options and implement a gamified rewards system, which can onboard more traders and gamers alike. 

If Moonveil’s partnership with Sonic provides increased accessibility for web3 games across the AggLayer ecosystem, more users will be exposed to the interoperable benefits from the protocol. This can create a more seamless gaming experience, a problem that web3 games have historically faced.

🟪The big picture: Moonveil and Sonic’s implementation of zero-knowledge proofs and interoperable gaming could open new avenues for developers looking to build within the AggLayer. 

While the AggLayer is still in its early stages, this partnership has the potential to drive the future of web3 gaming. Implementing this can also offer a more streamlined, interconnected experience for both gamers and developers. 

Technological advancements improve web3 game development and make them more efficient. This collaboration could be a reflection of that and attract more developers to the ecosystem, while accelerating growth and innovation in the broader web3 space.

Into the AggLayer

• Check out this post made by Polygon Labs’ Product Manager Dominik Schmid about Miden’s roadmap and its plans to connect to the AggLayer 

• BETHEL launched its zkpStorage product, alongside AggLayer integration

• Learn more about some AggLayer contributors from these video testimonials

Ecosystem Showcase

• Dive into what the Ahmedabad upgrade means for Polygon PoS and why it matters in this article

  • Tune into the latest Polygon Protocol Governance Call to learn more

• X user matchayuma created a post diving into the Ronin Network’s impact

• Fabric hosted an X space for the Polygon community to talk about VPU adoption

• USD inflow for Polymarket is $4.89M, a 514% increase compared to last week’s $796K inflow amount (shown below)

Source: DefiLlama

Featured headlines

You might have seen these Polygon-related headlines recently…

• INX Partners With Backed To Introduce New Tokenized Stock Assets (CryptoDaily)

  • Prefer audio? Listen back to INX’s space that dove into this

• Assetera launches secondary tokenized RWA market on Polygon (Cointelegraph)

Join in the fun

Want to dive into the Polygon ecosystem full-time? Find the latest job postings here. 

• Attend the Aggregation Summit hosted in Bangkok, Thailand from Nov. 10-11

• Learn more about the Polygon ecosystem and get to know community members by joining its Discord

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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.