Polygon
Table of Contents
Ranking
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Benefits
No gas fees.
Risks
Crypto is considered a high-risk investment.
!!We are not an advice-giving outfit. We share what we do and what we know. To investigate something truly, one needs to do their own research from diverse sources.
Experience
I minted my first collection of NFT’s on the Polygon network a new feature of OpenSea Minting and published them to the artist today, 1122022.
Discussion
Polygon (MATIC) token uses “Layer 2” Ethereum sidechains. A sidechain is a blockchain that runs alongside the main ETH blockchain and in Polygon’s case, the company moves to make transactions faster and cheaper.
The lowering of costs and enhanced transaction speeds are a serious need in the newly developing crypto-verse.
Charles Atkins, the VP of Polygon Studios, a Mark Cuban funded project has worked his way through companies like Nike and Redbull and has graduated to his highest seat managing what he says “is a lot more than a toolbox” for developers.
He and his company have an all-win tone of voice, backing, and potential and we are excited to see more about this company in the very near future.
Besides “facilitating a hotbed of digital culture,” the company is a game developer more-than-a-toolhouse and blockchain that enables game creation at multiple levels.
Polygon worked with the Macy’s Thanksgiving Day Parade to get a Memorial NFT to all the attendees.
Polygon is a multi-chain, multi-layer, quote-unquote complete system that resolves outstanding issues of throughput, poor user experience, and scaling on Etherium.
Set apart from similar functions such as Polkadot, Cosmos, and Avalanche; Polygon is taking the advantage of Ethereum’s security, openness, and ecosystem, removing old barriers and scaling making the existing Etherium super-wheel more attractive to developers.
The chain leans to game developers and we too are getting into more game stuff!
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Originally Published on: Dec 12, 2021 at 18:23