Polemos, Battlebound, Rarify | Hidden Gems – Gaming and Metaverse
Review Date: April 7th, 2022 |
We scored over 50 projects and metaverse coins this week, and these are the 3 we think you should know about:
- Polemos
- Battlebound
- Rarify
Please keep in mind that some of these projects have not yet been subjected to our code review process, but we want to call them out here for preliminarily catching our eye based on our fundamental analysis process.
Polemos (78%)
Website – Documentation
Polemos’ overarching vision is to become one of the world’s leading Game-Fi decentralized autonomous organizations (DAO), onboarding as many people as possible into the Metaverse, and bringing tens of millions of global digital Asset Providers and Gamers together.
The Polemos guild will recruit, fund, train, and support participants to make money and learn through gaming, with an initial focus on the play-to-earn game, Illuvium.
Why we like it
Guilds like Polemos will help players enter the metaverse by assisting with capital and onboarding requirements. Meeting the needs of play-to-earn gamers is critical for sparking a mass mainstream adoption of crypto gaming. The GameFi platform is a world-first decentralized combination of a marketplace, guild, and college governed by a Polemos token that will be released for public sale in Q2 2022. Polemos will launch with three networks of players: a large international workforce of online gamers, a Discord community network, and a network of elite gamers.
Investors
$2 million round of pre-seed funding with investors like Delphi Digital, QCP Soteria, Framework Ventures, and Defi Capital. DeFi founders from Sushi, Aave, 1inch Exchange, Universe.XYZ, Altered State Machine, Coti, Tokemak, and Fei also participated.
Team
Currently a 10+ person team, notable experience comes from Merrill Lynch, Mckinsey, Gamigo Games. Polemos is also partnered with AsianLogic, a significant investor and operator in the online and land-based gaming industry.
Token Utility
- Governance
- Revenue distribution with 100% of all revenue allocated to the Polemos DAO (Decentralized Autonomous Organization) being distributed back, and a majority reaching the individual stakeholders.
- Staking Yield, whereby 30% of the total maximum supply of Polemos tokens will be paid out to stakeholders as additional yield over three years.
Where can you buy the token
TBA, official token sale will happen in Q2 2022
Battlebound (77%)
Website – Documentation
Joining the P2E market with plans on launching multiple playable titles this year, Battlebound is on a mission to create top-tier AAA game experiences that give traditional players the ability to opt-in the world of onchain gaming. Currently developing two titles, Evaverse, and Project A.
Why we like it
Attempting to reach the largest audience possible from traditional gamers, Battlebounds’ first p2e game, Evaverse, is already live and downloadable via Steam. Evidently the team is dedicated to building games for players, aiming to revolutionize how developers and players share in the rewards of the games they play a vital role in building.
Investors
$5 million seed round led by A16z, Play Ventures, and Dapper labs. In addition to these investors Battlebound has an impressive list of angel investors, including Ryan Watt (Polygon Studios) and Gabby Dizon (CEO of YGG).
Team
Battlebounds’ founding team comes from League of Legends, Riot Games, Blizzard entertainment and Ubisoft. Currently the company has 5 + individuals who are actively developing project A and Evaverse.
Token Utility
TBA
Where can you buy the token
TBA
Rarify (76%)
Website – Documentation
Rarify is on a mission to accelerate the development of digital assets by simplifying access to NFT technology. They are accomplishing this by creating the first rest API platform solution which helps existing projects get into NFTs without stitching together disparate systems spending months integrating blockchain technology.
Why we like it
Rarify is hitting the market with three vital NFT products, DATA api, Commerce API and NFT embeds. Their first product, data api allows developers to search, display and track NFTs on the Ethereum and Polygon blockchain. Currently, Rarify’s API provides the leading data accuracy on the market and enables the creation and scaling of multi-chain NFT products.
Investors
$10 million investment round led by Pantera Capital, Pareto, Slow Ventures and Greycroft ventures at a valuation of $100 million.
The Team
10 person team, majority of the employees from Rarify have previous experience at Shutterstock, and Mastercard.
Token Utility
TBA
Where can you buy the token
TBA
