The cooperation utilizes Polygon's expertise in blockchain solutions and VRJAM's deep knowledge of virtual world-building in the metaverse to develop a cutting-edge live event and esports arena in which gaming fans may interact with one another and have life-changing experiences. Planet Polygon was conceived as an immersive live events venue that would provide VRJAM and the creative team at Polygon with the opportunity to collaborate. Together, the two parties intend to define the next stage in the progression of virtual live events and the esports area through the combined efforts of the two of them.

Sam Speaight, the CEO of VRJAM, offered the following explanation when asked about the project:

"Polygon Planet will establish a new threshold of user experience for metaverse live events, and it will open up the world of Web3 gaming in a way that is completely unique in the mass effect universe vertical. It is a privilege for us to be able to partner with our good friends at Polygon Studios to provide this incredible solution to the rest of the globe.

Notably, the debut of Planet Polygon will occur simultaneously with the introduction of VRJAM Coin, the native cryptocurrency of VRJAM, which is scheduled to take place on November 30, 2022. Within Planet Polygon and other VRJAM destinations, users will be able to buy and sell goods and services with VRJAM Coin, which will open up new avenues for content creators and companies to monetize their live events and other types of content. According to the reports, the volume of retail trade on the VRJAM platform increases as a result of the sale of digital things, merch, tickets, and other items. This, in turn, allows the volume of trade in VRJAM Coin to increase in value proportionally.

The Lead for Metaverse Content at Polygon, Brain Trunzo, added:

"Polygon Planet is a massively ambitious virtual reality (VR) metaverse project that we hope will inspire innovators all around the world. Making it possible for users to interact with real-time, immersive material and experiences would open up new channels for content creators to communicate directly with their audiences, resulting in an outstanding user experience.

The cutting-edge Web3 and immersive technologies utilized by VRJAM, also known as the metaverse platform for creators, enable the company to provide customers with next-generation solutions for the creation of virtual events and immersive content. PC-based VRJAM is compatible with Meta Quest 2, and it provides life-like experiences that may be used for live events. Additionally, the platform offers platform owners, creators, and brands a conducive atmosphere for the development of interactive experiences, new digital products, and new forms of content (NFTs).