Polygon (MATICUSD): Polygon Blockchain, $MATIC, Spotlights A...

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Wednesday, 11/09/2022 8:21:10 AM

Wednesday, November 09, 2022 8:21:10 AM

Polygon Blockchain, $MATIC, Spotlights As The Web3 King – Bernstein
https://tokenhell.com/?p=35147 via @tokenhell

A recent report by Bernstein on Friday recounted that the Polygon blockchain has emerged as a leading source for transitioning Web2 consumers into Web3, the new phase of the crypto world. It is no coincidence that the platform has been adopted by most leading companies in the likes of DraftKings (DKNG), Reddit, Starbucks (SBUX), NuBank, Robinhood Markets (HOOD), and the predominant Meta Platform, Instagram.

It is worthy of note that after Meta announced it would introduce a toolkit that’ll enable Instagram users to mint and sell only Polygon-powered non-fungible tokens (NFTs), there’s been a notable 30% surge in the blockchain’s native token MATIC.

Bernstein, in its comment, recounted that the Polygon blockchain had made some unique additions to its firm, which is hiring talents from large global technology firms such as Amazon, Airbnb, and YouTube. It further stated that it has its “business development strategies” to lend helping hands to consumer-heavy brands....