Mirandus Monday: Auctions for the Polyient Vaults within Upcoming MMORPG Mirandus Begin this Week
Like most other MMORPGs, characters in the game of Mirandus will have limitations on what they can carry. Even though a player might have a number of NFTs attached to their account, their character won’t be able to keep all of them equipped and in inventory — there will be a powerful need for in-game storage of items. This need will be serviced by the Polyient Vault.
“Using the Polyient Vaults will not be a hard requirement,” says Game Designer Michael McCarthy, “However, to store your excess riches and gear, you will want a Vault. Building owners will have storage, but since there are a limited number of buildings in Mirandus most players will need to use the vault. The Polyient Vault system may even allow players to even rent out their items to others.”
While the primary function of the Polyient Vaults will be to store representations of NFTs in-game so that players have easy access to them, we are also excited about the concept of other services such as in-game staking, item rental and loans, sending items in-game to other player characters, or even the financing of in-game purchases of deeds or elite items via the Polyient Vault system. We also love the idea that the Vault may be able to become a portal to charitable organizations around the world.
“Polyient Games has been developing a novel approach to smart contract-driven token vaults that are specifically designed for the NFT market,” said Polyient Games co-founder Craig Russo. “We are excited to extend these concepts into the Mirandus to build out a highly efficient bridge between the in-game economy and the larger Polyient Games Ecosystem token economy.”
The initial plan was to sell ten of these majestic-tier Polyient Vaults for the world of Mirandus via an auction via OpenSea and the Polyient Marketplace. However, the Gala Games and Polyient teams were approached by a significant group of players requesting that they have a way to purchase NFTs to hold collectively via a Decentralized Autonomous Organization (DAO).
After discussion with Studio Director Michael McCarthy and internal discussions, Gala Games and Polyient decided to limit the initial release of the Polyient Vaults via auction to only five Vaults, with the other five reserved for later to give those who are interested in shared ownership to establish the structures needed to purchase the NFTs.
Cybermanning and Groove, the appointed spokespeople of the “Vault Holders” said this of the efforts taken by Gala Games and Polyient to find a solution to serve their needs:
It’s so exciting, as players, to be valued and have our innovations welcomed into the design process of an organization that is reinventing the gaming industry. A group of us worked together to formulate a plan for shared ownership of a non-fungible token, but there were aspects which we couldn’t resolve without support and commitment from Gala Games and Polyient. Both organizations went out of their way to prioritize our concerns, provide clear feedback, and integrate new mechanisms into their design plan to help make shared ownership functional and achievable.
The auction of the remaining five Polyient Vaults will take place in the future to organizations and DAOs that would like to take part in the growing and evolving world of Mirandus.
Learn more here: https://youtu.be/L110RHBy6O0
About Gala Games
Gala Games, from one of the founders of Zynga and some of the creative minds behind FarmVille and Words With Friends, brings the next revolution in gaming. Working to decentralize the $148B industry, Gala Games is re-imagining gaming to benefit creators and players, alike.
About Polyient Games
Polyient Games, a subsidiary of investment group Polyient, is a unique investment ecosystem focused on the NFT and decentralized finance (DeFi) markets. Polyient’s portfolio includes both equity and tokens from leading NFT and DeFi startups.