HomeNewsPlanet IX Harnesses the Power of Polygon and Chainlink: A Game-Changer for...

Planet IX Harnesses the Power of Polygon and Chainlink: A Game-Changer for Web3

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  • Planet IX’s vision involves leveraging a wide array of services like DeFi, GameFi, on-chain farming, and NFT trading to foster Web3 adoption.
  • By utilizing Chainlink’s probability-based services and Polygon’s decentralized platform, Planet IX has witnessed significant user growth and value locked within its ecosystem.

When asked to identify what distinguishes Planet IX as a platform, Lukas Alexandersson, the firm’s Chief Product Officer, emphasized its expansive nature. With a diverse offering of services from DeFi and GameFi to on-chain farming and a robust NFT trading marketplace, Planet IX is truly a multi-faceted platform. Moreover, the company’s sights are set on expanding into mobile gaming and cross-chain interoperability.

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The benefits of building on Polygon are instrumental to Planet IX’s approach. Its decentralized nature grants the freedom to construct whatever and however the team desires without external interference. The Planet IX team, a dynamic blend of entrepreneurs, marketers, designers, and finance professionals, with a shared passion for gaming and crypto, has grown to 35 full-time employees headquartered in Stockholm, Sweden.

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Chainlink’s services are deeply woven into Planet IX’s framework. The platform’s economic model, based on the concept of probability, synchronizes harmoniously with Chainlink’s Web3 services – specifically Chainlink VRF and Chainlink Automation. This alignment is why Planet IX opted for Chainlink, a secure, reliable, and well-established service provider, to facilitate the launch of their farming game, Mission Control.

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Chainlink’s rich array of Web3 services and proven track record of high performance and reliability enables efficient and secure scaling for projects like Planet IX. Within the Polygon ecosystem, Chainlink helps unlock substantial potential.

Speaking to their achievements, Alexandersson revealed some impressive statistics about the Planet IX ecosystem. Over 40% of all IXT has been locked in liquidity and single-sided staking since launching their DeFi offering around 18 months ago. Additionally, the platform prides itself on over 100k unique active wallets every month and the successful onboarding of over 140k people from Web2 to Web3 during their Beta in Fall 2021.

Planet IX’s ambitious goal is to bring a billion people into Web3, and they aim to achieve this through their comprehensive platform, starting with gaming. By concentrating efforts on-the-ground in Asia, they are confident in their ability to grow their community sustainably during the nascent stages of Web3.

As for how Planet IX fits into the future of Web3, Alexandersson believes that gaming will be a pivotal gateway for mainstream adoption. The industry must create easy and fun platforms to initiate the journey into crypto, and Planet IX aims to lead the charge.

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Jane Smith
Jane Smith
As a Bitcoin Journalist, I am dedicated to reporting the latest developments in cryptocurrency, with a particular focus on Bitcoin. Through extensive research and interviews with industry experts, I provide accurate and up-to-date information on the ever-evolving world of cryptocurrencies. My goal is to help readers stay informed and make informed decisions regarding their investments in this rapidly changing field.
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