Polemos launches new blockchain game platform "The Armoury"

Global blockchain game platform provider Polemos, has announced the launch of "The Armory," the world's first independent blockchain game platform for collateral-free and deposit-free digital asset rental. This platform enables low-cost digital asset renting, giving borrowers access to the actual asset during the rental period, unlike other platforms that require deposits or provide only copies of items. The Armory will be integrated into Polemos' Forge and is chain-agnostic, allowing it to operate across various blockchains in the future.

"The Armory" platform will also extend its support to other chains and games such as IMX/Immutable, Solana, Avalanche, and Ton. It is powered by custom-developed technology from Guardian Labs, which will be available as a white-labeled service to game developers. Sitting outside the game's environment on the blockchain, The Armory provides opportunities for interaction and participation for players without requiring integration by the games themselves.

The platform itself is audited by Halborn, a blockchain security firm. Asset owners can leverage and earn money from dormant items, while players have the chance to try items without the commitment of owning or earning them outright, while still keeping all rewards earned through the borrowed item.

The platform offers access to actual game NFTs, compatibility with all Polygon PoS games, a Polemos-protected wallet for in-game use, collateral-free lending, and low-cost borrowing. The launch of the lending system complements Polemos' existing platform offerings, which include the comprehensive blockchain news and features service called "Pharos" and the integrated education and skills development offering called the "University."

Earlier last year, Polemos closed a $14 million seed round at a $100 million fully-diluted valuation, and has appointed Richard McLaren as co-CEO, Carl Wilgenbus as CFO, and Hal Crawford as Head of Content. With the launch of the world's first independent blockchain game platform, Polemos aims to further decentralize gaming and provide convenient solutions for borrowers and lenders in the gaming industry.

“There are over 3.8 billion people who play games of one form or the other, whether it’s a mobile game, PC game, or console. I strongly believe that the unique benefits of blockchain games - where players have some ownership of what they’re earning - will translate into other games.

Whether it’s on the blockchain or enabled within their own walled garden, it’s only a matter of time before we see mainstream acceptance of player ownership of the assets they earn. This, I believe, will propel GameFi into the mainstream within the next five years."

Richard McLaren, COO and co-CEO of Polemos