Tagged: polygon

NFT Social Network Showtime to Work With Polygon Studios

Polygon, an Ethereum-based full-stack scaling solution, today announced a partnership with Showtime, an NFT-based social media platform. Showtime loins a list of Polygon partners made up of blockchain-based Web 3.0 games and NFT projects such as Decentraland, Opensea, Sandbox, Somnium Space, Animoca, and Decentral Games…. Read More

Polygon, Filecoin Bridge to Aid Web 3.0 Growth

Polygon, an Ethereum scaling full-stack solution, recently announced a cross-chain bridge to decentralized storage network Filecoin to accelerate Web 3 interoperability between both ecosystems. The bridge will connect Filecoin and Polygon data stores and allow ecosystem projects pro gratis usage of the bridge and storage… Read More

Polygon to Create DeFi, Web3 DAO

Polygon, an Ethereum scaling full-stack solution bringing mass adoption to the Ethereum platform, today announced plans to create a decentralized autonomous organization (DAO) for DeFi and Web3. Polygon proposes the DAO to bootstrap DeFi growth and help onboard the next 100 million users to its… Read More

Wallfair, Polygon Launch MVP 1.1 Platform

Wallfair and Polygon have launched their MVP 1.1 platform, offering streamers another way to maximize value through content creation.  Phase one saw Wallfair host a live event by giving first round testers the ability to highlight issues and potential feature aspects of the platform. Information… Read More

Ethereum Layer 2 “Powerhouse” Established After Polygon and Hermez Public Network Merge

The teams at Polygon and Hermez Network have reportedly agreed on a “public network merge.” This development has come just a few weeks after discussions and has been possible because of the “great level” of harmony between both teams, which “share the common goal of… Read More

Chris Gonsalves: Community Gaming CEO Reveals How They Worked on Adding Layer 2 Integrations Due to High Gas Fees on Ethereum MainNet

We recently caught up with Chris Gonsalves, CEO at Community Gaming, a platform that combines social gaming, match automation, and blockchain payment technology to make organizing and competing in esports tournaments simple. Chris talked about how Community Gaming allows players to earn crypto and USD… Read More

Jacobo Toll-Messia: Ethereum Scaling Solution Nahmii Founder Reveals They’re Focused on Real-World, Commercial Use-Cases for Blockchain

We recently caught up with Jacobo Toll-Messia, the Founder and CEO at Nahmii AS, which is focused on providing layer-2 scalability solutions for Ethereum (ETH), the world’s largest smart contract platform. Jacobo talked about the different approaches taken to effectively scale enterprise-grade blockchain or distributed… Read More

Wyre, Polygon to Offer USDC Token

Developers can now provide Polygon’s USDC token via the Polygon ecosystem thanks to the use of Wyre’s Checkout API. This integration provides one of the only fiat to USDC on-ramps for customers around the world and in 43 US states, with the conversion process taking less… Read More

Bitcoin Whales Buying the Dip

Bitcoin’s recent travails are a reminder to retail investors to watch the whales, GlobalBlock sales trader Alexandra Clark said in a recent research note. After dipping to $29,393, signs show Bitcoin is on the upswing, Clark said. A group of Bitcoin whales purchased a total… Read More

BitMart, Polygon Deal to Improve Functionality, UX

Digital asset trading platform BitMart is integrating with the Polygon network and supporting its ecosystem. While in the past BitMart only supported MATIC ERC-20 token payments, this new integration allows all BitMart users to transfer funds directly to the Polygon PoS network more efficiently. Polygon is… Read More

NFT Auction Marketplace OpenSea is Valued at $1.5 Billion After Fresh Funding

NFT auction marketplace OpenSea is now a Unicorn. The platform that witnessed massive traction earlier this year raised $100 million in a Series B round led by Andreessen Horowitz at $1.5 billion, as per a TechCrunch report. The startup, which raised $23 million in Series… Read More

Venture Unit of Thailand’s SCB Announces New DeFi Investment through Aggregator, Portfolio Dashboard, Ape Board

SCB 10X, the venture division of Thailand’s Siam Commercial Bank or SCB (BKK: SCB), has confirmed its most-recent investment into the decentralized finance (DeFi) space through asset aggregator and portfolio dashboard provider, Ape Board. The firm, which currently has over 350,000 users, acquired within 4… Read More

Ethereum Scaling Solution Polygon Partners Community Gaming to Support Instant Payments in E-Sports

Polygon has partnered with Community Gaming in order to enable scalable E-sports tournaments. Built for grassroots tournament organizers, Community Gaming’s platform has been designed to  make it easier to develop custom e-sports tournaments within minutes with preconfigured payments. As noted in a release shared with… Read More

Why ETH Could be Undervalued

Ethereum (ETH) could be a good buy at current prices for several reasons, PrimeXBT market analyst Kim Chua believes. With decentralized finance (DeFi) only to grow in popularity, it provides good support for ETH, given that 90 per cent of demand is from DeFi, Chua… Read More

Ankitt Gaur: Founder and CEO at EasyFi Reveals Current Issues in Lending and Borrowing, Comments on DeFi Space

EasyFi is a universal layer-2 lending platform focused on improving the landscape of lending and borrowing digital assets. It is an open network infrastructure that facilitates peer-to-peer and cross-chain asset settlements. In a first-of-its-kind in the DeFi space, users’ creditworthiness is being appraised by EasyFi… Read More

Stablecoins Surpass $111B in Aggregate Value, Now Making up 7.7% of Total Digital Assets Market: Report

Spencer Noon, an investor in Variant, a first-check cryptocurrency venture capital fund, has released their latest Network report, which covers stablecoins and Instadapp. Spencer Noon notes in their weekly update that The Graph recently launched 43 RFPs for different ecosystem initiatives. You may submit an… Read More

Balancer Joins Polygon Summer of Decentralized Finance with $10M in Joint Crypto Token Initiatives

Balancer has joined Polygon’s summer of DeFi with $10 million in joint token incentives. Balancer Protocol has introduced support on the Layer 2 solution Polygon in order to lower gas costs. Polygon (MATIC) has experienced steady user adoption in 2021 with major decentralized finance (DeFi)… Read More

Digital Asset Exchange OKEx Completes Integration of Polygon, an Ethereum Scaling Solution

OKEx, a leading digital currency spot and derivatives exchange, recently announced that it has completed the integration of Polygon, a full-stack scaling solution allowing more Ethereum (ETH)-compatible apps to be developed and connected. OKEx is reportedly one of the first crypto exchanges to integrate this… Read More

Founder of NFT Project DIGITALAX Explains how Web 3.0 Is Enabling Digital Fashion and a Metaverse with Mod Culture

We recently caught up with Emma-Jane MacKinnon-Lee, Founder of DIGITALAX, an NFT-based digital fashion project. Last month, DIGITALAX teamed up with Polygon, formerly Matic Network, to issue “a hybrid digital and physical fashion line.” The collaboration is focused around the idea of non-fungible tokens (NFTs)… Read More

Decentralized Prediction Markets Platform Augur Launches Improved New Version with Chainlink Integration

The team at Augur (REP), the developers of a decentralized prediction markets platform, have announced the launch of Augur Turbo— which is the world’s only “fast-resolving, easy-to-use, decentralized betting platform” that reportedly comes with daily markets for sports, crypto, politics, and current events. The Augur… Read More

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