New Web3 Gaming Console to Launch in 2024, Meets Plenty of Skepticism

Bishal Kumar Chanda
05.07.2022

Polium has announced launching a gaming console that will support multiple blockchains and non-fungible tokens (NFTs). The company is marketing itself as "building the products and infrastructure for Web3 gaming." 

Polium One - Upcoming Web3 Gaming Console

Announced on July 3, the "Polium One" console is set for an initial release in Q3 of 2024. Furthermore, it will reportedly support blockchains like Ethereum, Solana, Polygon, BNB Chain, ImmutableX, Harmony, EOS, and WAX. 

Right now, support for a 4K Ultra HD resolution at 120 frames per second is the only specification listed for the console. Polium says it would get help from the community to build the console's hardware and software, expecting to have a functional prototype in "a few months."

Meanwhile, Polium said that the console would feature its own multichain crypto wallet. In addition, the controller will have a wallet button for users to trade more efficiently. Moreover, a fingerprint scanner on the controller will enable security and verification of transactions. 

While the console's price is unknown, Polium plans to mint a "Polium Pass" NFT so holders can claim a console on the initial launch day. Also, players will receive an additional NFT, which the players can stake in the future for additional "PLAY" tokens. 

On the Q3 2024 initial launch, Polium plans to release 10,000 consoles to Polium Pass holders and partners. With plans to manufacture more units for the public in Q3 2025, Polium aims to sell over 1 million units.

Polium One Gets A Frosty Reception

Right now, the Polium One console only exists in the form of a few prototype renders and a whitepaper. Moreover, with no breakout title, the community doubts that the console would be of much use to people. 

The case of Web3 gaming is yet to be tested, and the mass-market audience would need something tangible to want a Polium One over a PS5, Xbox, or PC.

In addition, the company has already received criticism for its logo looking similar to another popular gaming console, Nintendo GameCube. Addressing the "criticism and mixed reviews," Polium said it didn't copy the logo and is already creating "a new logo that is original."

Meanwhile, Video Games Chronicle reported that Polium had only four employees working on the project, making people suspect even more. The Polium Discord server is full of trolls and users calling the project a scam.

It is still not clear which games will be available on the Polium One. But the company stated they are "in talks with different Web 3 Game Developers" and will make announcements soon.

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