Author Archives:

Xternity migrates Solana multiplayer Web3 game for Polygon

Scalability enhancements are a part of Ethereum’s layer 2 software. In order to transfer and onboard a multiplayer Web3 game called Synergy Land to the Polygon network, which was formerly hosted on Solana, Polygon collaborated with Xternity, a Web3 gaming development platform. Solana was the one who came up with the idea for Synergy Land[Read more…]

Polygon Founder-Led Web3 Accelerator Beacon Hosts Inaugural Demo Day

Early-stage web3 accelerator Beacon held its first Demo Day of the year with 13 projects pitching live to over 300 top venture capitalists.  Beacon, positioning itself as the most founder-friendly accelerator started by Sandeep Nailwal (an accomplished web3 builder in his own right), hosted its inaugural Demo Day today. Graduates of Beacon’s first cohort presented[Read more…]

DeLabs and DeGods Make the Move to Polygon with a $3 Million Grant

•DeLabs, the startup behind top Solana NFT collections DeGods and y00ts, has revealed that it received a $3 million grant to move y00ts to the Ethereum sidechain Polygon. • According to a statement published on Discord by founder Frank, aka Rohun Vora, DeLabs will put the funds toward hiring efforts and launch a crypto incubator[Read more…]

Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects

Sensorium, the company behind the industry-leading Sensorium Galaxy metaverse, is pleased to announce that it is entering into a collaboration agreement with Polygon Studios. As part of this wide-ranging alliance, Polygon’s blockchain infrastructure will be crucial in underpinning and furthering Sensorium’s Web3 developments, supporting token and NFT-related features within the Sensorium Galaxy metaverse, SENSO dApp, and[Read more…]

Wintermute-Backed Decentralized Exchange Bebop Expands to Polygon

Following its launch on the Ethereum blockchain in June, Bebop, a decentralized exchange (DEX) incubated by crypto trading firm Wintermute, has now expanded support to Polygon. With Bebop’s expansion to Polygon, the DEX aims to benefit from Polygon’s lower network fees and faster transactions while also getting the same price quality of that as Ethereum.  Katia Banina, Head[Read more…]

Polygon MATIC Price Surges to $0.951, Driven by Major Institutional Network Adoptions

Polygon (Matic) has been one of the major gainers for the last 24 hours in the cryptocurrency trading sector, according to CoinMarketCap. Polygon has risen its value by 4.33% in the past 7 days. The price increased by 11.44% in the last 24 hours. At the time of writing, Polygon’s price was $0.951668 with a 24-hour[Read more…]

MAS Launches First DeFi Pilot Tests with Polygon and Aave

The concluded pilot program accounts for one of the apex banking regulators of testing the application of asset tokenization and DeFi across a broader range of use cases in the financial sector.  As revealed by the MAS, mainstream financial services players including DBS, JPMorgan Chase & Co, and SBI Digital Asset Holdings conducted foreign exchange[Read more…]

Brazil’s Nubank Set To Launch Digital Currency On Polygon Blockchain

According to the announcement, Nucoin will be used in the bank’s plans as part of its loyalty program to offer customers discounts and benefits. Nucoin will be built on the Polygon blockchain.‘’The idea is to use the technology and technical support of the Polygon network to develop and expand the digital currency,’’ said Nubank in the announcement. Sandeep[Read more…]

Blockchains Do Not Address Any Fresh Issues – Polygon’s Sandeep Nailwal

The Co-founder of Polygon Sandeep Nailwal has disproved one of the most harmful myths propagated by fervent blockchain skeptics and that is the fact that the Web3 revolution is not solely intended to address “new” problems. Sandeep recently shared his opinions on how blockchain systems should handle many monetary, societal, as well as other issues[Read more…]

Starbucks Rolls out NFT-based Membership Program by Adopting Polygon

The NFT project is branded as a unique variation of its current loyalty program where customers earn ‘Stars’ which they can redeem for free drinks at its outlets.  While Odyssey will let users earn rewards, Starbucks said it would be for a more revered and valuable gift than the regular gifts from the Star program.[Read more…]