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Polynize

Polynize is social networking platform that acquire talent for organizations through competitive gaming.

Backed by

MEXCMEXC
Borderless CapitalBorderless Capital
SevenX VenturesSevenX Ventures
Elves Long Term CapitalElves Long Term Capital
Cognitive Blockchain CapitalCognitive Blockchain Capital

Raised 1M SEED on December 19, 2021

About

Polynize digitizes an analogue creativity game into a blockchain-native platform that crowdsources innovation, quantifies contributions, mints IP as tradable NFTs, and runs a cross-platform engine and metaverse on Algorand.

Mission

Polynize converts a proven analogue creativity game into a digital, blockchain-native platform that crowdsources innovation and mints resulting IP as tradable NFTs. The team plans to build an ""innovate-to-earn"" product with four components: a cross‑platform game engine, a data layer that quantifies innovation, an NFT marketplace for IP assets, and a hybrid ""Polyverse"" metaverse experience. Polynize says it has been operating as a profitable off‑chain business and validated its analogue game mechanics prior to this raise. The company assembled designers, engineers, executives and advisors to execute a six‑month build and go‑to‑market plan. With support from Meld Ventures, Algorand Inc. and the Algorand Foundation, Polynize is porting the product onto the Algorand network. The platform is scheduled to launch at the end of Q2 2022 with an inaugural Polynize Innovation Tournament for the Algorand ecosystem.

Quick Facts

Founded

2018

Funding

SEED

Industry

EdTech, Education, Gaming

Team Size

1-10

Headquarters

Melbourne, Victoria, Australia