Moonveil Secures $2M from Polygon Labs; Public Node Sale Date Announced

Strong Ties with the Polygon Ecosystem

Moonveil is built using the Polygon CDK (Chain Development Kit), establishing close ties with the broader Polygon ecosystem. In a move to strengthen this connection, Moonveil has pledged to reinvest half of its investment from Polygon Labs to support the growth of gaming projects utilizing AggLayer, which offers a cross-chain connection for all Polygon projects.

Node Sale Launching October 22

The Moonveil community has eagerly awaited the confirmation of its node sale, during which 50,000 nodes will be available. The sale is set to launch on October 22, beginning with a whitelist sale and fully opening to the public on October 24. Anticipated high demand for the nodes is attributed to their essential role in the expanding Moonveil ecosystem and the attractive rewards offered to node operators.

Role of Moonveil Nodes

Moonveil nodes are crucial for overseeing network activity on the gaming-focused Layer 2 (L2) solution. Their responsibilities include:

• Decentralizing Data Availability
• Proof Verification
• Transaction Sequencing

In exchange for keeping their nodes online and functioning correctly, owners will earn a steady stream of token rewards. Notably, 70% of these rewards will vest over three years, with 25% available upon completion of the Moonveil TGE.

Enhancing Web3 Gaming Experience

One of the major challenges in developing Web3 games is maintaining a smooth playing experience without interruptions from blockchain issues like congestion and high transaction fees. Moonveil’s L2 aims to address these challenges while offering developers access to a ready-made community of players eager to explore new GameFi releases.

So far, Moonveil has developed several mini-games along with fully-fledged titles like Bushwack and AstrAsk, a tower defense strategy game currently in testnet. These titles will soon be joined by a range of third-party games, enhancing the Web3 gaming experience and showcasing the scalability of Moonveil’s L2.

CEO Insights on the Polygon Investment

Commenting on the investment from Polygon Labs, Moonveil CEO MJ stated, “With this fantastic support from Polygon Labs, we can turbocharge our mission to create a gaming world in which players and developers can thrive. I believe the growth of our builder grants program will help catalyze innovation and attract top developers to Moonveil.”

Opportunities for GameFi Developers

GameFi developers now have several L2 networks available for deploying their blockchain-based games. The attractive incentives for building on Moonveil, combined with the deep liquidity and cross-chain capabilities offered by AggLayer, could be key factors in convincing developers that the future of Web3 gaming lies within the Polygon blockchain infrastructure.