The world’s first NFT games console is already a laughing stock online

ByRalph D. King

Jul 17, 2022 #2021 Acura Rdx Technology Package, #2021 Acura Tlx Technology Package, #2022 Acura Mdx Technology Package, #Align Technology Stock, #Applied Racing Technology, #Artificial Intelligence Technology Solutions Inc, #Assisted Reproductive Technology, #Battery Technology Stocks, #Benjamin Franklin Institute Of Technology, #Chief Technology Officer, #Color Star Technology, #Craft Design Technology, #Definition Of Technology, #Definitive Technology Speakers, #Element Materials Technology, #Health Information Technology Salary, #Ice Mortgage Technology, #Information Technology Definition, #Information Technology Degree, #Information Technology Salary, #Interactive Response Technology, #International Game Technology, #La Crosse Technology Weather Station, #Lacrosse Technology Atomic Clock, #Luokung Technology Stock, #Marvell Technology Stock Price, #Maytag Commercial Technology Washer, #Microchip Technology Stock, #Micron Technology Stock Price, #Mrna Technology History, #Mrna Vaccine Technology, #Nyc College Of Technology, #Penn College Of Technology, #Recombinant Dna Technology, #Rlx Technology Stock, #Robert Half Technology, #Science And Technology, #Sharif University Of Technology, #Smart Home Technology, #Stevens Institute Of Technology Ranking, #Symphony Technology Group, #Technology In The Classroom, #Technology Readiness Level, #Technology Stores Near Me, #Thaddeus Stevens College Of Technology, #University Of Advancing Technology, #Vanguard Information Technology Etf, #Vanguard Technology Etf, #What Is 5g Technology, #Women In Technology

A Polium One games console controller.

Polium One – Sony and Microsoft must be worried now (pic: Polium)

In the worst idea since putting all your life savings into crypto, a company has just announced a new console dedicated to ‘Web 3 gaming’.

We hope you’ve got a strong stomach for buzzwords because this story has them all, as a brand new hardware launch has just been announced: the Polium One – a ‘multi-chain console for Web 3 gaming’.

The nonsense of cryptocurrency and NFT seems to be coming to an even swifter end than many predicted, but despite the value of crypto already collapsing Web 3 company Polium is pushing ahead with what may be the most low key hardware reveal ever.

All it consists of is the tweet below and Polium replying to a lot of highly sceptical comments from gamers, including a number who point out that the console’s logo looks suspiciously similar to the old GameCube one.

Polium has already vowed to create a new logo and have claimed that although they haven’t got any games to announce they are ‘in talks with different Web 3 game developers’.

‘We know that a console can’t be successful without games,’ they sagely say, while explaining why they haven’t got any games.

They also don’t really seem to have console, as the picture below is a render and they admit it’ll be ‘a few months’ (aka November) before they have a prototype.

Apparently only four people are working on it and yet they’re confident it will be able to push 8K HDR at 120fps, with ray-tracing – which would make it more powerful than the PlayStation 5 and Xbox Series X/S. So yeah, chinny reckon.

The final device is planned to go on sale in the third quarter of 2024, but you can only pre-order it if you buy a Polium Pass – which is actually an Ethereum NFT.

What Polium seems most interested in promoting is support for multiple different cryptocurrencies – including Solana, Ethereum, ImmutableX, BNB, Harmony, WAX, Polygon, and EOS – that can all be used from a single virtual wallet.

You can get a taste of the general response to the announcement just from the Twitter replies, but the official Discord is also already a mess, with Polium already complaining about bot attacks and ‘FUD’ (fear, uncertainty and, doubt), while threating to ban people.

Many are pointing out that ‘Web 3 gaming’ doesn’t exist and Web 3 itself – an attempt to create a more decentralised version of the World Wide Web – is, much like the Metaverse, a largely meaningless buzzword.

We particularly enjoyed this exchange on Twitter though, where someone asks why you would need crypto in video games to which there is, tellingly, no answer.

Email [email protected], leave a comment below, and follow us on Twitter.


MORE : Ubisoft admits to leaked Project Q multiplayer game – promises no NFTs… for now


MORE : Next Ghost Recon on track for 2023 – may still feature NFTs


MORE : FIFA licence is holding the game back says EA boss – hints at NFTs

Follow Metro Gaming on Twitter and email us at [email protected]

For more stories like this, check our Gaming page.