PlotX is a sustainable X-2-earn GameFi ecosystem that seeks to strategically redefine P2E gaming and rewards for users. The project is on a mission to offer P2E inclusion to a wide range of gaming enthusiasts and players. Through its unique approach and model, the project proposes reducing barrier entries with gasless transactions for individuals to harness maximum monetization on the platform for profitability.
The project intends to spearhead a tremendous range of earning opportunities in the P2E sector for users to explore. PlotX is broadening its horizons past the prediction markets into a gamified ecosystem that allows gamers from all over the world to maximize their earning potential. By expanding its predict2win platform, the X-2-Earn GamFi protocol will enable new and exciting ways to generate P2E rewards for users through iconic NFTs and innovative play-to-earn mechanisms. Users can explore potential beyond just winning rewards from making the correct crypto predictions.
PlotX enables players and token holders to generate returns by staking their PLOT tokens. They can earn passively without making any predictions by staking their $PLOT on the platform. This is one way PlotX is creating a sustainable P2E ecosystem that will unlock exciting gaming experiences.
A scalable Web 3.0 economy
Leveraging the highly scalable Polygon network, PlotX is rapidly growing into a scalable Web 3.0 economy. By mid-January 2022, the emerging blockchain-powered project had drawn over 80k players, growing at a rate of 144% month-on-month. It looks like the rapid expansion of PlotX would onboard more Web 3.0 users to the prediction markets.
The platform features a solution for automated market making, crypto-asset price predictions, rewards settlement, automated prediction calculation, liquidity mining for any price feed, and enabling clients to earn rewards in high-yield prediction markets. PlotX also integrates novel features for the average Web 2.0 user that seeks to be part of the growing crypto industry. PlotX makes DeFi and GameFi easier for users to comprehend. Users in developing countries can easily utilize and access crypto with PlotX, as they can transact without gas fees and make predictions for less than $1.
This provides a gateway for individuals to get involved in Web 3.0 and explore a lucrative economy where they can make returns of up to 400% on every input. PlotX, through its remarkable approach to gaming, predictions, and P2E monetization, is well-positioned to usher more users into the Web 3.0 economy, thereby fostering widespread use and mainstream adoption of blockchain-based games.
Striving towards a Global Reach
With participation from leading investors in the blockchain space, PlotX has secured $5 million in their Pre-Series Round A from Hashed, Polygon Studios, Animoca Brands, Alpha Wave Global (formerly Falcon Edge) and power angels including Sandeep Nailwal (Co-Founder Polygon), Alan Howard (Co-Founder Brevan Howard Asset Management). This also included a $2 million grant from Polygon Studios. Earlier, the project raised $2.7 million in its seed funding rounds from reputed players including NGC Ventures, Brilliance Ventures, Origin Capital, and 3Commas in late 2020.
With $5 million raised, the project is ready to further scale its global reach.
