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As technology has advanced in recent years, non-fungible tokens have become increasingly popular. Unfortunately, many NFTs have barriers such as overly complex mining rules and quirky gaming mechanisms. Polychain Monsters takes a different approach to its use of NFT and blockchain technology. Let’s take a closer look at the unique and increasingly popular option of the Polychain Monsters platform.
Polychain Monsters is a specialized NFT collectibles platform offering gamified entertainment, easy trading and extensive diversity of its monster species and individual monsters. Its advanced features make it unlike any other NFT collectible platform available today.
Polychain Monsters’ cross-chain digital collectible platform takes a novel approach to both its utility and the design of its NFTs. The platform is centered on animated NFTs of individualized, colorful monsters and creatures. Polychain Monsters, each one a rare and authentic collectible, can be unpacked through digital booster packs.
Some individualized traits of these animated monsters include special effects, backgrounds, colors, and horns, which are available for purchase with PMON via Polygon, BNB Chain (previously known as Binance Smart Chain) and Ethereum. PMON is the platform’s native token.
When Polychain Monsters officially launched in March 2021, it was known as Polkamon. The platform was later rebranded to Polychain Monsters in June 2021, and is the brainchild of three talented software engineers. Co-founder Leif Eric Leiser now serves as the platform’s CEO. The Polychain Monsters team also includes Chief Marketing Officer Lennart Brandt and Chief Operating Officer Finn Hansen.
Polychain Monsters was originally designed with the goal of improving the NFT collectibles experience. The three co-founders focused on simplifying the operability of the platform, while adding layers of complexity to the NFTs to boost their rarity. A few of its features include Rainbow Fusion, Reverse Swaps, the Polychain Islands game and more. In addition, the co-founders specifically created Polychain Monsters to directly function with other popular blockchain projects.
Users can purchase Polychain Monsters’ digital booster packs using PMON tokens. Each booster pack includes three Polychain Monsters, called Polymon. There are multiple species of Polymon, each one available with a variety of traits. Users can unlock specialized traits through their interaction with the platform. Some traits are rarer and more valuable than others. Examples of traits include backgrounds, colors, species, horns and more.
The combination of various traits contributes to the NFTs’ scarcity and can increase their desirability. Polymon can easily be traded on the platform’s Polymon marketplace and secondary marketplaces. In addition to the rarity and collectability of Polymon, Polychain Monsters offers a 3D multiplayer play-to-earn (P2E) game called Polychain Islands.
It’s easy to get started with Polychain Monsters, even if you’re new to the crypto world. In fact, after swapping tokens to obtain PMON tokens, you can purchase a digital booster pack, which includes three Polymon, in a matter of minutes. Polymon traits are generated at random, and each monster is a one-of-a-kind NFT. Additional and rarer traits can be unlocked through gameplay and staking. From unique backgrounds and color combinations to animation effects, horns and more, there’s an extensive range of combinations available.
Polychain Monsters has been developed as a standout cross-chain digital collectible platform that has a range of innovative features. It strives to offer a user experience that’s suitable for all experience levels. The platform is based on a background story about Polymon living among humans. Opposing factions take different stances on the use of the Polymons’ Exosuits, which are a type of exoskeleton that enhances stamina and strength.
Let’s look at some of the unique features of Polychain Monsters.
Early in its development, Polychain Monsters used the Ethereum blockchain. Unfortunately, Ethereum’s rising gas fees forced some members of the community to leave. To combat this challenge, the Polychain Monsters team transitioned to a cross-chain setup. To accomplish this, the team completed an initial integration with BNB Chain. Later, it was integrated with Polygon and Polkadot as well. These integrations have greatly increased the number of booster packs that have opened, as well as the size of the platform's user base.
While other NFTs use two-dimensional pixel art, Polychain Monsters uses three-dimensional animated art to improve the user experience. There are several types of monsters available. Polymon have exoskeleton appendages, which make them stronger and improve their stamina. There are also the technophobic Luddites, who oppose exoskeleton augmentation. The conflict between these two factions impacts Polymons’ ability to live in harmony with humans.
Exomon are Polymon who don exoskeletons. They were released to use in the platform’s first major expansion. Exomon can be used in Polychain Islands, the P2E game for the Polychain Monsters platform. More than that, each unique Exomon has specialized utility in the game. Exomon also earn weekly rewards from the Collector Staking feature, since their Exosuits give them a higher point distribution.
In the future, the game will be enhanced through Booster Partnerships and Incubations. Unlike other platforms that have basic games, Polychain Islands was specifically designed by a respected German development firm to offer a higher level of gaming sophistication.
Resources within the Polychain Islands game are used for a variety of functions. These include leveling up a Polymon, building new assets and accessing Polymon Park, where users can catch new monsters. You can earn resources through harvesting and staking. Rewards are provided in the form of PMON tokens. The specific amount of the reward is based on the Collector Score, which can be raised by participating in Collector Challenges. In this way, users may progressively earn more rewards for their continued play.
Reverse Swap is a unique function on Polychain Monsters. Users can swap their Polymon for Opening Vouchers, which may be used as an alternative to PMON tokens to purchase digital booster packs. The vouchers are non-transferable, and can be stored in a multi-wallet until the user is ready to complete the swap. A vote through the platform’s governance determined the exchange rate for Polymon to Opening Vouchers. Based on this vote, users can swap 15 Polymon for an Opening Voucher.
Another exciting feature in Polychain Monsters is Rainbow Fusion, a deflationary mechanism that enables users to merge several basic Polymon for a rarer Rainbow Polymon. Specifically, up to six Polymon of the same type with different colors can be exchanged for a Rainbow Polymon. A total of 100 Rainbow Portal NFTs are available, and these can be staked for PMON tokens when the merge takes place.
PMR tokens, or Polychain Monster Rainbow tokens, are the rewards for staking. The fusion requires the user to send up to six qualifying Polymon through the Rainbow Portal. The cost for a fusion is five PMON or 100 PMR.
Towards the end of October, a new type of Polymon was made available for a limited time to celebrate Halloween. Only 5,000 Ghost packs were released for $29.95 each. Each pack comes with just one Ghost Polymon, and if you’re lucky, you could get a Halloween Special. Once the limited supply of Ghost packs has been sold, Collector Stakers will receive a portion of 5,000 PMON based on their holdings. In addition, 600 free Ghost Pack vouchers will be given away to the Polymon community, of which 350 will be distributed to Halloween Special holders.
Through November 14, 2022, all Halloween Special holders can claim one raffle ticket. A total of 350 Ghost pack vouchers will be raffled between all Halloween Special holders who participate in the raffle. For one week, until November 21, 2022 at 2PM UTC, 180 of the 600 Ghost pack vouchers will be raffled between all users who opened Ghost packs, while 50 will be allocated to booster pack openings.
The remaining 20 packs will be given away as prizes in the Polychain Islands Ghost Tournament, held on November 21, 2022. Ghost pack vouchers must be claimed by November 25, 2022, 2PM UTC. Unclaimed Ghost pack vouchers will be forfeited.
Polychain Monsters is still in an early stage of development, but it’s already made great progress since its March 2021 launch. Within its first few months, Polychain Islands was announced and coin staking came online, and the mobile app launched soon after. The platform was then integrated with SushiSwap, BNB Chain and PancakeSwap in May 2021. More recent developments include the introduction of farming, Collector Staking, DAO governance, reverse swapping, Exomon, and Rainbow Fusion.
After the recent release of the deflationary Ghost Polymon, the Polychain Monsters platform will introduce Unidragon utility. This will be followed by another deflationary mechanism, expected to be called Evolutions, which will close out the first generation of Polychain Monsters. The Neo N3 launch will then take place.
The Polychain Monsters Polyverse runs on PMON tokens. With this hyper-deflationary gaming asset, users can access booster packs, farm within Polychain Islands and more. For every digital booster pack that’s opened, 40% of the PMON tokens are burned. This results in a constantly decreasing token supply. In addition, 25% is allocated for the Collector Staking Pool, and 15% is sent to the Farming Pool. The Staking Pool and the platform’s development fund each receive 10%. The maximum supply of PMON tokens is 10 million.
Users can also create their individual Genesis Islands through the use of PMLG tokens, or Polychain Monsters Land Genesis. A Genesis Island can be created at a cost of 1 million PMLG. These tokens are earned through Collector Staking rewards, Farming Pools and Land Tickets that may be available in some booster packs. There is a maximum of 1 billion PMLG.
The peak value of PMON reached $62.36 on April 2, 2021. This was related to an initial spike after the platform’s launch. The token reached a smaller peak on September 1, 2021 at $23.11 before dropping again. Currently, the value per token is approximately $1.11.
While PMON has experienced considerable highs and lows in its valuation, it also has sizable intraday fluctuations. As a result, it can be difficult to accurately project its future price of. Nonetheless, there are deflationary measures built into the platform that will result in a gradual upward trend. By the end of next year, DigitalCoinPrice predicts the value of PMON to be around $1.87. It may reach $3.01 in 2025 and $3.62 in 2027. By 2031, PMON’s value is expected to be $7.92.
Polychain Monsters is already a popular platform, and it continues to develop. As it does so, and different types of booster packs are released in the future, interest in Polychain Monsters realistically will continue. The platform’s game has been designed with multiple layers and it continues to evolve, taking users’ entertainment to the next level. At the same time, it offers the opportunity to trade and merge Polymon, compete in tournaments, interact with other players, and more. With this in mind, some users may become active with Polychain Monsters as a form of entertainment. Nonetheless, there’s also opportunity for potential profits through an investment in PMON tokens.
One deflationary mechanism is already in place for PMON, and a second mechanism known as Evolutions is expected to launch in the near future. These mechanisms result in a progressively smaller quantity of PMON in circulation, and the token's value may rise as a result. In addition, Polychain Monsters is actively in development with its second generation, expected to launch in the months to come.
Through continued development, it’s likely that user interest and participation in Polychain Monsters will grow, while the token supply declines. Expert projections indicate that the value of PMON tokens will more than double by 2025, and it may more than double again between 2027 and 2031. With these factors in mind, investing in PMON may be a good idea. However, as is true for all crypto assets, fluctuation and loss are possible as well. As always, do your own research and don’t invest more than you can afford to lose.
Polychain Monsters has come a long way since its March 2021 launch. Its development team still has more work to do, and the platform has excellent marketing campaigns underway through its Booster Incubation and Booster Partnership programs, anticipated release of more digital booster packs, in-game developments and more. With these and other factors active or in the works today, Polychain Monster’s strong appeal may grow among existing users and expand to new users.
As Polychain Monsters is a DAO, all future developments and changes to the platform must be approved through a democratic voting process. In order to vote, users must connect their wallet to Snapshot within the platform. Voting power is determined through factors such as the number of Polymon they own, the rarity of their Polymon, their Collector Score and the number of PMON tokens that they’re using for farming, or have stored in a wallet.
From its animated, three-dimensional NFTs to its well-developed blockchain technology game, giveaways, contests, tournaments and more, Polychain Monsters is a cross-chain digital collectible platform that moves the dial. It’s already proven itself to be superior to other NFT platforms in many ways, and it continues to develop and improve. With this in mind, Polychain Monsters is a great platform to consider getting involved with, and to watch going forward.
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