FIFA+ Collect and Modex's collaboration for the FIFA Club World Cup Saudi Arabia 2023™ introduces an exclusive digital collectible collection on the Polygon network, reshaping the landscape for football enthusiasts.
Polygon - MATIC / USD Chart
About Polygon (MATIC)
Polygon, previously known as MATIC, is an Ethereum network scaling solution project initiated in 2017. Polygon has its own proof-of-stake public blockchain (Polygon PoS) and smart contract platform launched in 2020.
The project's name is changed to from MATIC to Polygon in February 2021, while the network's native currentic MATIC remained the same, and its scope is extended to the metaverse. Polygon purchased the firm Predicate Labs in December 2021, which created the blockchain Mir in order to gain access to a technology known as "zero-knowledge (ZK) rollups," which offloads data from Ethereum to cut fees and speed up the transaction process.
Polygon raised $450 million in February 2022 by selling MATIC tokens to investors led by Sequoia Capital India.
Stripe picked Polygon for cryptocurrency payments in April 2022 because of its "low fees, speed, integration with Ethereum, and interoperability with numerous wallets." Twitter was the first to benefit from the Polygon-powered service.
Polygon (MATIC) Price History
News
Mohith AgadiIndian E-commerce Giant Flipkart is Adapting a Polygon CDK-deployed Layer 2
Flipkart is leveling up its web3 loyalty program, FireDrops, by adopting a Polygon CDK-deployed Layer 2 blockchain for scalability. This announcement was made by Flipkart and Polygon teams at Polygon Connect conference...
Editorial StaffArbitrum Foundation Announces DAO Governance and $ARB Token
Arbitrum One and Arbitrum Nova networks achieve second stage of decentralization with launch of DAO governance and $ARB token.
EditorCoinbase Launches Base, an Ethereum Layer 2 Network for Building Decentralized Apps
Coinbase has launched a testnet for its Ethereum L2 network called Base. Coinbase has also clarified that it does not plan to issue a new network token.
Zainab AsifNexo Announces the Launch of Self-Custodial Smart Web3 Wallet
Nexo, a regulated CeFi platform and exchange, has announced the launching of Nexo Wallet in an official email sent to its users. Nexo claims that it is a new kind of non-custodial solution that will allow users to build...
Google Cloud will now let you host a Ethereum network node
Google has picked Ethereum as the first smart-contracts platform for the launch of the Blockchain Node Service.
