Author Archives: News

Polygon and Mercy Corps bring blockchain to underserved communities

The Polygon network and Mercy Corps Ventures partnership target underserved communities in blockchain awareness and education initiatives. Blockchain technology continues to make its way into mainstream view, as many companies adopt it as a part of their operations. With the push for adoption comes the simultaneous need for more education about the technology.  Advertisement Stay safe in Web3.[Read more…]

What is QuickSwap, and how does it work?

1. What is QuickSwap? QuickSwap is a layer-2 decentralized application built on the Polygon blockchain allowing users to swap ERC-20 tokens. Decentralized exchanges (DEXs) are blockchain-based applications that form the fundamental cornerstones of the growing suite of decentralized finance (DeFi) tools. The QuickSwap DEX uses an automated market maker (AMM) model for users to swap tokens. It was founded[Read more…]

Polygon launches decentralized ID product powered by ZK proofs

Polygon, a layer-2 scaling protocol for Ethereum, has launched a zero-knowledge decentralized identity solutionto the public nearly a year after announcing its development. The Polygon ID service uses zero-knowledge proofs (ZK proofs) that use cryptographic techniques to allow users to verify their identity online without having their sensitive information passed or potentially stored with a third party.[Read more…]

Former Polygon VP of growth shares the secrets behind major partnerships

Ethereum scaling solution Polygon has witnessed a lot of adoption through partnerships with major brands like Starbucks and Adidas, which has increased the network’s popularity among cryptocurrency users. In the latest episode of the Hashing It Out podcast, Arjun Kalsy, Polygon’s former vice president of growth, breaks down how the network has attracted partnerships with major brands and[Read more…]

Polygon enlists Xternity to migrate multiplayer Web3 game from Solana

To help transfer Synergy Land’s resources onto the EVM chain, Xternity proposed a process — via its network migration tool — that can be used to migrate games or projects across chains. Ethereum layer-2 scaling solution Polygon, joined hands with Xternity, a Web3 gaming development platform, to migrate and onboard a multiplayer Web3 game — Synergy Land — to the[Read more…]

Polygon primed for hard fork aimed at reducing gas fee spikes: New details revealed

Polygon told Cointelegraph that the hard fork will take effect at block 38,189,056, which will be initiated without the influence of centralized actors. Ethereum layer-2 scaling solution Polygon will undergo a hard fork on Jan. 17 in order to address gas spikes and chain reorganization issues that have affected user experience on the Polygon proof-of-stake[Read more…]

Polygon tests zero-knowledge rollups, mainnet integration inbound

Polygon takes zero-knowledge rollups to the final testnet to gauge the performance of its zkEVM ahead of eventual mainnet integration. Ethereum layer-2 scaling protocol Polygon  MATIC $0.9946 is carrying out performance testing of zero-knowledge rollup (zk-Rollups) technology ahead of full integration with its mainnet. The development of the technology, called Polygon zkEVM (Ethereum Virtual Machine), has[Read more…]

Mastercard partners with Polygon to launch Web3 musician accelerator program

The program will help five emerging artists set up and manage their brands in the Web3 space, and is also aimed at educating people in the music scene on what avenues Web3 tech can offer them. Global payments giant Mastercard is ramping up its exposure blockchain tech yet again, after announcing a Polygon-based accelerator program[Read more…]

NFT project accepted $3M to move its collection to Polygon

The team had previously announced the move, but had not revealed the cash deal. The team behind y00ts and DeGods were paid $3 million to move their collections off Solana and onto Polygon, according to a January 6 announcement from the company. The statement was made on Discord and copied to Twitter by Frank III,[Read more…]

Heroic Story secures $6 million to build Web3 tabletop RPG world

Web3 gaming protocol Heroic Story raised $6 million in a seed round led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology, the company announced on Nov. 17. The funds will be used to hire talent, market the live beta and develop on-chain technology for a massively multiplayer role-playing game (RPG) world, the[Read more…]