Polygon (MATICUSD)

[Callme RICK]

..Polygon(MATIC) – Multifunctional And Varied
Polygon was formerly known as the MATIC network, and the layer-2 scaling solution was developed in 2019 to overcome many Ethereum blockchain issues, including transaction speed, throughput, and gas costs. It has grown into a multifunctional ecosystem that aims to help grow EVM-compatible blockchains. MATIC launched on the Binance Launchpad in 2017 during the Initial Exchange Offerings(IEO) boom.

Polygon is much like Ethereum, and you can run anything you’d on the network without the high gas and low throughput that comes with Ethereum. From being a straightforward scaling solution, Polygon has evolved into a vast and complex ecosystem with a variety of applications for both users and developers, including the ability to launch Ethereum-compatible blockchains, use Ethereum-based decentralized applications (DApps), create non-fungible tokens (NFTs), act as node validators and delegators, stake MATIC, and much more.

Successful applications include yield-generating protocols like Aave or Curve Finance, decentralized exchanges like SushiSwap, and the most well-known decentralized NFT (Non-Fungible Token) market, OpenSea, all operating on Polygon. It has recently become the go-to network for web2 companies like Reddit, Meta, JP Morgan, etc., who are looking towards creating blockchain solutions.

These companies have the strength to drive mass adoption of cryptocurrencies and blockchain, which could be a great development for the blockchain landscape.

https://www.mid-day.com/brand-media/article/dogeliens-and-polygon-are-setting-up-nicely-to-be-relatable-to-crypto-users-23255457