Connect with us

Projects

Using Web2 talent, Polygon Studios hires employees from Amazon, EA, and others

Published

on

#polygon #matic #nft #nfts

As of July 2021, Polygon Studios had attracted the attention of some of the world’s most prominent financial institutions. Recently, the company announced new staff members who previously worked for some of the most well-known Web2 and legacy internet companies.

Blockchain technology is widely seen as the future of the internet and Polygon Studios aims to be a bridge between Web 2 and Web 3. Using Polygon, the Ethereum scalability solution, this developer’s arm helps companies build decentralized apps toward this goal.

Five new hires have been announced by Polygon Studios in a press release shared with Bitcoinist, according to the company’s website. The developer’s arm is led by Ryan Wyatt, who was previously in charge of YouTube Gaming.

In a statement released by Polygon Studios, Michael Blank and Young Ko will join the company. Both Blank and Ko will assume the role of COO and CFO, respectively, in the new organization (CFO).

After working for Electronic Arts for over two decades, Blank knows a thing or two about the gaming industry (EA). Blank held a number of senior positions within the organization, including Senior Vice President of Player Network. Over the course of his tenure at EA, Blank also served as Executive Producer.

Player Network is part of EA’s growth strategy and aims to expand cross-platform. Gamers could then play any game with their friends regardless of platform and save files could be transferred across platforms.

While Young worked for over 16 years as a financial advisor to various businesses and industries, the opposite was true. When it comes to the arts, Young was involved in everything from the music industry to fashion to real estate. Since 2000, Young has served as Penske Media’s Vice President of Finance, overseeing publications like Billboard, Variety, and Rolling Stone.

Urvit Goel and Charnjit Bansi join Blank and Young. Goel has worked with Amazon for nearly a decade. In addition, Goel has established long-term strategic partnerships with major game publishers.

To Lead The Web3 Talent Race, Does Polygon Studios Strike Out Alone?

According to a press release, Goel has worked on a number of Amazon gaming projects and was instrumental in the launch of Amazon’s Cloud Gaming division. Call of Duty and Sledgehammer are two of the most popular and most active gaming franchises in the world. Bansi has worked on these and other AAA initiatives.

Finally, Polygon Studios has hired Ben Watley, a former NASA software engineer who previously worked at Riot Games. In addition, Watley, a former employee of Electronic Arts, will serve as Senior Director of Strategy for the company’s division. According to Polygon Studios’ CEO, these recent hires and their goal of becoming a hub for Web2 and Web3 products:

“We’re thrilled to be attracting such high-calibre talent as we build out the dream team of Web3. The combined expertise and perspectives from both the traditional and blockchain industries will be invaluable in growing the developer ecosystem and bridging the gap between Web2 and Web3.”

Projects

To accelerate ecosystem growth, Fireblocks introduces Web3 Engine with developer tools

This set of tools is intended for developers working on DeFi, GameFi, and NFT products and services.

Published

on

Fireblocks, a digital assets custody platform, announced the debut of their new Web3 Engine to assist encourage the development of the Web3 ecosystem as the world moves closer to a decentralized future.

The dedicated Web3 engine contains a set of tools for developers to create goods and services in decentralized finance (DeFi), GameFi, and nonfungible currencies, the business revealed on Tuesday (NFT). For alternative asset managers and capital market participants, Fireblocks has opened up a world of decentralized programs (DApps), exchanges, NFT markets, and more.

“Web3 is the future,” Fireblocks CEO Michael Shaulov said, adding that “the Internet has already entered a new era.” According to Shaulov, in order for the Web3 ecosystem to continue to grow, the community must address a major issue: security.

Fireblocks’ new Web3 Engine, according to the announcement, makes it simple for developers to build DApps on top of Fireblocks’ tech stack or securely access the entire spectrum of current web3 apps. Web3 companies such as Animoca, Stardust, MoonPay, Xternity Games, Griffin Gaming, Wirex, Celsius, and Utopian Labs use Fireblocks to secure themselves from human mistake and hackers.

Web3 has sparked a lot of interest in the sector, as evidenced by the rise in market capitalization of Web3 coins in recent years. It’s an ecosystem that everyone can access from anywhere at any time, with no restrictions or middlemen. Many large corporations have made considerable investments in Web3’s potential.

Google Cloud has formed an internal team focused to developing services for blockchain developers and Web3-based application operators. With Metaverse involvement and NFT enthusiasm, industry titans like Meta and Amazon have entered the market. Square Enix, the gaming behemoth, recently announced that it would spend heavily in Web3 gaming.

Continue Reading

Projects

Is Fender quietly getting ready to enter the NFT market?

In order to preserve or launch its brand in web3, Fender has filed various NFT-related patents and trademark applications in the United States.

Published

on

Fender, a well-known guitar manufacturer, has filed three patents related to NFT with the US Patent and Trademark Office.

When it comes to developing, selling, or buying NFTs with the Fender brand name, the patents would suggest a purpose to make or protect its brand.

Fender filed a series of trademark applications linked to its headstock design in possible NFTs, according to GuitarWorld, including NFT collectibles, virtual products, pictures, artwork, video, and audio recordings featuring music and musical instruments.

Mike Kondoudis, a trademark attorney, noticed the application to the US Patent and Trademark Office, which was filed on April 28.

Source: Twitter

Fender isn’t the first guitar company to think about using NFTs. Billboard reported in January that Gibson, the legendary guitar brand and Fender rival, was preparing to join the NFT industry with six trademark applications connected to NFTs and digital goods.

Big brands, from Adidas to Gucci, have been fast to experiment with NFTs and the Metaverse as two new distribution channels. They’re still figuring out where they belong in the virtual worlds.

NFTs are being used by musicians to reinvent fan involvement

NFTs and the Metaverse are being used by many established bands and brands to redefine how they communicate with fans. Additionally, musicians that rely significantly on in-person concerts as a fundamental income source will find the revenue streams and royalties available by the sale of NFTs appealing.

Music producers and platforms such as Audius, DAOrecords, and TokenTraxx are collaborating with musicians to demonstrate the possibilities of Web3 technology and allow fans to be creative using NFTs.

As famous guitarists get involved in the NFT realm, guitar brands are naturally interested. Keith Richards sold one of his beloved guitars with an exclusive 1-of-1 Tezos blockchain NFT produced for $57,600 in January of this year. The guitar, as well as a digital replica in the shape of an NFT and a video of Richards signing the guitar, were all up for auction.

Since the beginning of the year, the number of NFT trademark applications has increased dramatically, with 3,306 applications filed between January and April.

Source: Twiter

Despite the applications, Fender has yet to reveal its plans for NFT.

Continue Reading

NFT

According to Music Ally, Spotify has begun testing NFTs on its platform

If a trial deployment goes well, artists may soon be allowed to market their non-fungible tokens (NFTs) on Spotify, according to Music Ally.

Published

on

Spotify, the most recent tech business to join the NFT bandwagon, entered the web3 world earlier this month with the introduction of “Spotify Island” on Roblox on May 3. Spotify will now test NFTs on the platform to specifically selected US consumers, starting with a single trial selection of artists, including Steve Aoki and The Wombats.

Users will have to purchase NFTs through an external marketplace, thus they won’t be able to sell them directly. As part of the trial, Spotify has stated that it will not take a portion of the sales.

Simultaneously, customers have stated that Spotify is sending out surveys and even paying some people to talk to team members about their feelings regarding NFTs and web3. Questions concerning sentiment, cryptocurrency purchases, and why people acquired NFTs have been circulated on Twitter. Some poster responded with mockery to the queries.

Since March, when Spotify placed two job offers for working on early-stage web3 projects, rumors have circulated that the firm was interested in entering the web3. The announcement comes only days after Meta revealed that it would begin testing digital collectibles and NFTs on Instagram as well.

By the time of publication, Spotify had not responded to a request for comment from The Block.

Continue Reading

Trending

bitcoin
Bitcoin (BTC) $ 30,157.00 2.41%
ethereum
Ethereum (ETH) $ 2,058.76 3.34%
tether
Tether (USDT) $ 1.00 0.25%
chiliz
Chiliz (CHZ) $ 0.116455 2.02%
enjincoin
Enjin Coin (ENJ) $ 0.719523 1.89%
decentraland
Decentraland (MANA) $ 1.19 1.10%
flow
Flow (FLOW) $ 3.03 7.13%
the-sandbox
The Sandbox (SAND) $ 1.34 1.91%
wax
WAX (WAXP) $ 0.127500 2.52%
ecomi
ECOMI (OMI) $ 0.001595 3.10%
terra-virtua-kolect
Terra Virtua Kolect (TVK) $ 0.039488 2.18%