The polycon Issue

CRYPTO

DIGITAL EDITION

CEO | Nathan Hill

nathan@cryptomag.finance

Editor | Colin Woolley

editor@cryptomag.finance

Deputy Editor | Robert Stone

Business Development|

Jose Ortiz

jo@CryptoMag.Finance

Editorial Assistant |

George Smith

Art Director | Dilin Divan

Contributors

Nicole Grinstead

John Potter

Seth “MineYourBiz” Estrada

Dan Valez

JMan

Ivan Djordjevic

Advertising Enquiries

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Crypto Magazine is the brainchild of the guys at CMC, and I am Rob Stone, Editor, and I hope to bring you an informative read on everything crypto .

This is our Pollycon 2023 Digital edition of Crypto Magazine. I have been mining the search engines for the best current stories in the news, current happenings from Polygon, and the ideas the world is excited about in the cryptosphere. When crypto market cycles end and begin anew as they are now we typically always see them compared to other big financial bubbles, such as the “dotcom” bubble of the late 90’s. This time around has been especially acute because of just how fast the bubble deflated and how big it got in the first place ($3 trillion total). Though just like how the dotcom bubble didn’t kill the internet, the 2022 crash has not killed crypto and innovation in the space continues unabated. The Polygon chain and its partners are on the cutting edge of the future of the internet. I hope you enjoy what we have brought is this special edition of Crypto Magazine.

As usual, a lot of stuff has happened since our last issue, because the music never stops in the crypto sphere and the time keeps rolling on. I hope you all enjoy what we have brought together for you. Please let us know your thoughts, and if you would like to see something featured, please do get in touch.

Robert Stone

Deputy Editor editor@cryptomag.finance

@cryptomagz cmccryptomag

Unit 6, The Enterprise Centre, Kevin Lane, Crawley

England, RH10 9PE

Polygon Enhances Privacy for Decentralized Autonomous Organizations (DAOs)

Polygon makes decentralized autonomous organizations more secure and private through its unique features and technologies.

Robert Stone

Decentralized autonomous organizations (DAOs) are changing the way businesses and organizations operate by providing a decentralized, autonomous, and trustless framework for decisionmaking and governance. However, with the increasing adoption of DAOs, concerns about privacy and security have also grown. The decentralized nature of DAOs makes them vulnerable to attacks and hacking, which can compromise sensitive information and cause financial losses.

Polygon, a Layer-2 scaling solution for Ethereum, is addressing these concerns by providing unique features and technologies that enhance the

privacy and security of DAOs. In this article, we explore how Polygon is making DAOs more secure and private and why it is becoming a game-changer for businesses and organizations in various industries.

Polygon’s Unique Features and Technologies

Polygon offers several unique features and technologies that make it a powerful tool for enhancing the privacy and security of DAOs. These include:

ƒ zk-rollups: zk-rollups are a layer-2 scaling solution that can bundle multiple transactions into a single transaction, reducing the load on the Ethereum

blockchain. They also use zero-knowledge proofs to ensure the validity of transactions, enhancing privacy and security.

ƒ Sidechains: Polygon uses sidechains to create a network of connected blockchains that can interact with each other seamlessly. This allows DAOs to operate more efficiently and securely without compromising privacy.

ƒ Plasma: Plasma is a technology that allows Polygon to create a separate blockchain that can handle high volumes of transactions. This provides

an additional layer of security and privacy for DAOs by keeping sensitive information off the main Ethereum blockchain.

ƒ PoS Consensus: Polygon uses a proof-of-stake (PoS) consensus mechanism, which is more energyefficient and secure than the proof-of-work (PoW) mechanism used by Ethereum. This also allows Polygon to offer faster transaction times and lower transaction fees.

Benefits of Polygon for DAOs

By using Polygon, DAOs can enjoy several benefits that enhance their privacy and security. These include:

ƒ Improved scalability: Polygon’s layer-2 scaling solutions enable DAOs to handle high volumes of transactions without compromising on speed, security, or privacy.

ƒ Reduced costs: Polygon’s PoS consensus mechanism and sidechains allow for faster transaction times and lower transaction fees, reducing the cost of operating a DAO.

ƒ Enhanced privacy and security: Polygon’s use of zk-rollups, sidechains, and Plasma provides an additional layer of security

DAO

and privacy for DAOs, making them less vulnerable to attacks and hacking.

ƒ Interoperability: Polygon’s sidechains and Plasma make it easy for DAOs to interact with other blockchains, creating a more connected and efficient ecosystem for decentralized organizations.

In addition to the benefits mentioned above, Polygon’s ease of use and accessibility make it an attractive option for businesses and organizations looking to adopt DAOs. With a user-friendly interface and comprehensive documentation, Polygon makes it easy for developers and organizations to integrate its features into their existing infrastructure.

Polygon’s commitment to sustainability and energy efficiency is also noteworthy. As more organizations and individuals become conscious of the environmental impact of blockchain technology, Polygon’s PoS consensus mechanism and commitment to sustainability make it an attractive option for those seeking a more sustainable and eco-friendly blockchain

solution. Overall, Polygon is an excellent solution for businesses and organizations looking to enhance the privacy and security of their decentralized autonomous organizations. With its unique features and technologies, Polygon provides a comprehensive solution that addresses the concerns of privacy and security that DAOs face. As more businesses and organizations adopt DAOs, Polygon is set to become a game-changer in the world of decentralized governance.

In conclusion, the rise of decentralized autonomous organizations is changing the way businesses and organizations operate. However, with the benefits of DAOs come concerns about privacy and security. Polygon’s unique set of features and technologies addresses these concerns by enhancing the privacy and security of DAOs. By using Polygon, businesses, and organizations can enjoy improved scalability, reduced costs, enhanced privacy and security, and increased interoperability, making it an essential tool for the future of decentralized governance.

Polygons zkEVM Mainnet Beta to Go Live March 27

Robert Stone

Polygon has announced that it will launch the beta version of its zeroknowledge Ethereum Virtual Machine (zkEVM) main network on March 27. Polygon is a scaling solution for Ethereum, and it is expected that the zkEVM beta network will increase transaction speed and reduce costs. The zkEVM is a type of zero-knowledge (ZK) rollup that processes transactions faster on a layer 2 before sending the transaction data back to the Ethereum mainnet blockchain. Polygon has not yet provided details about the beta network but has promised to release more information leading up to

the launch. Security will be the highest priority for the network.

Polygon’s zkEVM testnet was launched in October, and it has already generated over 75,000 ZK proofs and deployed 5,000 smart contracts. The success of the testnet has encouraged Polygon to explore ways to bring ZK technology to its main chain, the Polygon POS chain. According to Polygon co-founder Mihailo Bjelic, the blockchain is actively exploring this possibility.

The upcoming zkEVM beta network will be the first fully

EVM equivalent ZK rollup to reach the mainnet, which is a significant milestone for Ethereum scalability and the growth of Web3. Sandeep Nailwal, another co-founder of Polygon, is optimistic about the zkEVM beta main network launch and has urged the community to prepare for the event.

The price of Polygon’s native token, MATIC, has seen a 56% increase in value since the beginning of the year. This is a positive indication of the growing interest and confidence in Polygon’s scaling solution.

Siemens Issued its First Digital Bond on Polygon

Siemens, Germany’s thirdlargest publicly traded company by market capitalization, has made a groundbreaking announcement about its first digital bond issuance worth €60 million ($64 million) on the Polygon blockchain. This achievement has been made possible through Germany’s Electronic Securities Act, which came into effect in June 2021 and permits the sale of blockchain-based debt to occur.

Through blockchain-based bonds, Siemens anticipates a reduction in paperwork and a direct approach to potential investors without intermediaries like banks. This bond has a maturity of one year and, as reported by CoinDesk, makes “paper-based global

certificates and central clearing unnecessary,” as stated by the company. Additionally, the bond can be directly sold to investors without requiring banks to operate as intermediaries.

Siemens did not state the bond’s interest rate, but it hopes to accelerate and make such transactions more efficient in the future. Peter Rathgeb, corporate treasurer at Siemens, said, “By moving away from paper and towards public blockchains for issuing securities, we can execute transactions significantly faster and more efficiently than when issuing bonds in the past.”

Since 2021, Siemens, a German engineering and

manufacturing powerhouse, has been actively exploring blockchain technology’s potential in various areas, including payments and debt issuance. It partnered with JPMorgan Chase in 2021 to develop a blockchainbased payment system that automatically transfers money between Siemens’ accounts, simplifying and streamlining payments, reducing the need for intermediaries, and enabling faster and more efficient transactions.Siemens’ announcement regarding the issuance of its first digital bond on the Polygon network caused a 7.21% increase in the MATIC token price during trading on February 14. The current price of MATIC stands at $1.25.

Polygon Network Expansion Planned by Volt Inu Community

VOLT tokens worth nearly 45 trillion were burned on a BNB Chain-toEthereum bridge as a result of the Volt Inu community vote, which ended on Monday. As of Tuesday’s deadline, $14 million worth of tokens has already been burned.

When voting on the proposal ended, these tokens were worth over $75 million. As of Tuesday, Feb 14, VOLT had a market capitalization of $107 million. A new user acquisition plan also includes expanding the project to the Polygon network. In addition to offering a decentralized exchange and a dragon-themed non-fungible token (NFT) collection, Volt Inu started as a meme coin themed after wolves.

100% of the VOLT token supply

was allocated to Uniswap liquidity when it was launched on the Ethereum blockchain. Additionally, it was launched on the BNB Chain in January 2022, known at the time as the Binance Smart Chain (BSC), to expand its user base since the blockchain was quite popular among new cryptocurrency traders.

In order to protect against bridge attacks and improve token value for holders, developers are burning tokens on the liquidity bridge. In light of the events and hacks that cross-chain bridges have been experiencing in recent months (especially in 2022), as a means of reducing the liquidity (amount of tokens) locked in the bridge contract, the developers have deemed it appropriate to reduce the impact of such attacks.

Users can transfer tokens between different blockchains using bridges, which are blockchain-based tools. It was reported by CoinDesk earlier this year that over $2 billion was lost or stolen from cross-chain bridges last year alone.

The developers said some liquidity will be needed for arbitrage and to meet the liquidity needs of exchanges even though 44.85 trillion VOLT will be burned along with the bridge contract. In addition to having a shortterm impact, the burn will also have a long-term effect by increasing the reflections accumulated by burn addresses.

Earlier in February that Floki DAO, a Shiba Inu-themed crypto project, conducted a similar burn. A major move to position Floki as a serious decentralized finance (DeFi) project involved burning over $100 million worth of tokens and dissolving the BNB Chain to the Ethereum bridge.

In order to protect against bridge attacks and improve token value for holders, developers are burning tokens on the liquidity bridge

NFT Game to be Launched on Polygon by Final Fantasy Maker Square Enix

The scaling network will debut Symbiogenesis, an original NFT-driven narrative game, instead of Ethereum’s mainnet.

Robert Stone

Final Fantasy is a smash hit game series published by Square Enix. Image: Square Enix

Square Enix, the renowned publisher behind popular video game franchises like Final Fantasy, Dragon Quest, and Kingdom Hearts, has announced that its new NFT-based game, Symbiogenesis, will launch on Polygon, a scaling network of Ethereum, instead of the Ethereum mainnet. The game, which is set to release in spring, is a story-driven collectibles game that offers a unique experience to Web3 fans, and will leverage Polygon’s high transaction speeds, low gas fees, and overall user-friendliness.

Symbiogenesis takes place on a floating continent above a polluted future Earth, where players must work together to make tough choices to overcome a dragon threat to their safe haven. The game will feature turn-based gameplay tied to the storyline, which takes different paths as users complete missions and either hold or trade NFTs. The game will feature 10,000 character NFTs tied to strategic game mechanics and other NFTs,

like dragon tarot cards and a monster storybook, that will add extra value to the gaming experience.

Square Enix has made a number of moves in the Web3 space over the last few years, including investing in the Ethereum metaverse game The Sandbox, reviving its dormant Dungeon Siege franchise in its game world, and launching NFT collectibles in Japan via the LINE blockchain. The publisher has also announced Final Fantasy VII NFTs tied to physical action figures via Enjin’s Efinity platform built on Polkadot.

While there have been complaints from some traditional gamers about the use of NFTs, Square Enix has continued to emphasize the

opportunities it sees in the space and invest in growing its Web3 efforts. In fact, the company sold off an array of studios and game franchises, including Tomb Raider, for $300 million to help fund new business endeavors, including Web3 experiences.

Although Square Enix has dripfed details about Symbiogenesis through an official Twitter feed, an official website, a full trailer, and in-game screenshots are yet to be released. While traditional fans of Square Enix’s video games were initially disappointed that the game was not a new entry in the longdormant Parasite Eve franchise, the company’s move into the NFT and Web3 space continues to generate interest among fans and investors alike.

Crypto Analyst: Polygon (MATIC) is Positioned to Outperform Bitcoin

The world of cryptocurrency has been abuzz with excitement as Polygon (MATIC), the layer-2 scaling solution for Ethereum, is reportedly on the verge of surpassing Bitcoin in terms of performance. The highly-regarded crypto analyst, Pentoshi, has made a bold prediction that the recent upgrade to the Polygon blockchain project will send its price skyrocketing in the coming days.

Polygon Labs has recently announced the launch of its beta main network, zeroknowledge Ethereum Virtual Machine (zkEVM), scheduled for release on March 27th. The

upgrade aims to revolutionize the Ethereum ecosystem by enhancing efficiency and reducing costs for both developers and users. According to Pentoshi, this upgrade could lead to Polygon reaching an all-time high (ATH) price against Bitcoin in the next ten to 14 days.

Pentoshi’s prediction stems from Polygon’s impressive resilience during the bear market. With the imminent tech upgrade, Pentoshi believes Polygon is poised to capitalize on the broader crypto rally, leading to a surge in its value. “This will probably be my main focus for trading for the next month,” says Pentoshi,

“as I think as we go into the event launch, it will probably be trading significantly higher than it is now. It’s also been a strong bear market coin and likely to make new ATHs vs. BTC, in my opinion.”

With its price currently standing at $1.49 on Coinmarketcap, Matic is set to make headlines in the cryptocurrency space in the coming days. As a unique, reliable, and forward-thinking project, Polygon is quickly gaining momentum, backed by its active community and innovative solutions. The future certainly looks bright for Polygon (MATIC) and its investors.

OUR MISSION

The Development of Polygon Ecosystem and Upcoming Launch of zkEVM bolsters MATIC’s Bullish Momentum

The launch of Polygon’s zero-knowledge Ethereum Virtual Machine (zkEVM) and its steady ecosystem development have generated a great deal of bullish momentum for the platform’s native token, MATIC. The Polygon Labs team, which develops and grows Polygon, recently announced that the beta version of its zkEVM will launch on March 27, 2023, which could give Polygon a first-mover advantage over other similar platforms.

Compared to existing optimistic-based rollups like Arbitrum and Optimism, zkbased roll-up technology is widely regarded as the gold standard for scaling. The upcoming zkEVM launch will likely attract new projects to the ecosystem, particularly as the Ethereum community shifts its focus toward layer-2 scaling solutions.

While Polygon’s growth in its decentralized finance (DeFi) sector has stalled, the platform’s Web3 activity is on the rise, particularly in the area of non-fungible tokens (NFTs). According to Dune Analytics, in December 2022 and January 2023, the number of NFT sales

on Polygon exceeded Ethereum for two consecutive months. In addition, Meta has chosen Polygon as the base layer for minting digital collectibles on Instagram. Polygon is also partnering with Web2 companies like Starbucks, Adobe, Clinique, and Stripe to incorporate Web3 functionality, further cementing its position as an attractive option for developers and investors.

Despite the challenges facing Polygon’s DeFi sector, the platform still ranks fifth in

total liquidity across DeFi platforms, above Avalanche, Solana, Optimism, and Fantom. Moreover, the launch of zkEVM may attract new DeFi development, and favorable liquidity conditions are critical to the prosperity of DeFi ecosystems.

Futures market data shows that traders are bullish on MATIC, and the price may pull back to wipe out overleveraged positions despite a bullish outlook. However, the on-chain balance on exchanges suggests

that buyers are confident and are unlikely to sell unless the price falls below $0.75 support.

In summary, the organic development of Polygon’s NFT trading activity and the bullish narrative surrounding the upcoming zkEVM launch is likely to continue to drive MATIC’s price higher in 2023. While market volatility and regulatory uncertainty are always a concern, Polygon’s technical capabilities, firstmover advantage, and growing ecosystem make it a platform to watch in the coming months.

In addition to the factors already mentioned, Polygon’s $450 million raise in February 2022 will provide the necessary funding for further development of the Web3 ecosystem. Furthermore, Polygon is the base layer for over 60 metaverse projects, including leaders like The Sandbox, Decentraland, and Somnium Space. This highlights

the growing demand for immersive virtual experiences and suggests that Polygon is well-positioned to capitalize on this trend.

`While Polygon’s growth in DeFi has slowed, it is worth noting that the entire DeFi sector has faced significant challenges in recent times. These include ongoing macroeconomic pressures and regulatory crackdowns on stablecoins. Nonetheless, as the focus on DeFi shifts to layer-2 networks, it is possible that Polygon’s DeFi ecosystem may see renewed growth.

The technical analysis of MATIC’s price indicates a bullish outlook, but a correction is also possible as speculative buying cools down. A pullback toward the $1 support level may be likely as the Relative Strength Index (RSI) metric begins to tap resistance around the 65 level. Nonetheless, the organic development of Polygon’s

NFT trading activity and the upcoming zkEVM launch should continue to push MATIC’s price higher in 2023.

It is also worth noting that the performance of MATIC will depend on the broader market conditions, particularly the price action of market leaders such as Bitcoin and Ethereum. However, with its technical capabilities, strong ecosystem development, and first-mover advantage in the layer-2 scaling space, Polygon is well-positioned to continue its upward trajectory.

As with any investment, it is essential to conduct thorough research and consult with financial professionals before making any decisions. Nonetheless, the promising developments within Polygon’s Web3 ecosystem and the growing demand for layer-2 scaling solutions suggest that MATIC’s bullish momentum is likely to continue.

Polygon and Shemaroo Entertainment offer Bollywood NFTs

Polygon Labs has partnered with Shemaroo Entertainment to bring Bollywood and art into the world of non-fungible tokens (NFTs) through the launch of Virtasy. io. This marketplace offers fans of iconic Bollywood movies a chance to own NFTs related to those films, including static images, movie clips, and 3D and metaverse-ready avatars.

With Virtasy, Shemaroo plans to democratize the world of motion pictures, creating an exclusive community where fans can take their favorite Bollywood characters into an alternate reality and create timeless, memorable cinematic memories. This move is part

of Shemaroo’s strategy to be future-ready and pre-empt the impact of web 3.0 on the entertainment industry.

Hiren Gada, CEO of Shemaroo Entertainment, highlighted the company’s commitment to innovation and technology and expressed confidence that by leveraging Polygon’s innovative solutions, tools, and frameworks, thereby reaching fans all over the world with cutting-edge modern technology and iconic Bollywood movies.

Providing easy access to the thriving entertainment and art sectors in India is Polygon Labs’ top priority. Kelly DiGregorio, VP

& Global Head of Entertainment at Polygon Studios, expressed delight at the association with Shemaroo, a name synonymous with Bollywood. Together, they are confident they can reach a loyal and enthusiastic audience for NFTs.

This collaboration promises to bring an exciting new dimension to the world of Bollywood and the entertainment industry. Through the democratization of motion pictures, Virtasy. io is set to create an exclusive community of fans who can own a piece of iconic Bollywood movies and take their favorite characters into an alternate reality.

Starbucks Polygon NFTs Given to Customers as Rewards Sell for Thousands

Free NFT stamps from Starbucks for nearly $2,000 apiece ahead of the platform’s public rollout.

Starbucks, the famous coffee chain, has entered the world of non-fungible tokens (NFTs) with its new rewards program, Starbucks Odyssey. The program is built on the Ethereum scaling network Polygon and is currently in closed beta. Despite this, the free NFT stamps that are part of the program are already selling for nearly $2,000 each, with a high floor price of some assets even reaching that amount.

Since the beta launch of Starbucks Odyssey in

December, its stamp NFTs have already seen a total of 360 sales on Nifty Gateway’s official secondary marketplace, resulting in over $143,000 in total volume traded. The limited number of users currently allowed into the program and the company’s release of only four NFT drops so far explains this relatively low number.

What is surprising is the high floor price of some of Starbucks’ NFTs, such as the “Holiday Cheer Edition 1 Stamp” Polygon NFT, whose current floor price on Nifty Gateway is just over

$2,000. This NFT drop alone makes up 80% of all of Starbucks’ total NFT volume traded on the marketplace thus far. Only 5,000 editions of this NFT were released, given away for free to Starbucks Odyssey members who completed enough challenges and bought a gift card as a holiday gift. However, people are now selling it for as much as $1,900, with an even higher floor price as of now.

The fact that this is Starbucks’ first-ever NFT, released on December 16, adds to its historical element, making it

even more appealing to some collectors. Others seem to be speculating on the possibility of future increased value and are flipping them for a higher price, with some users buying multiples of the same NFT.

Although Starbucks has three other NFT drops, they are reportedly less in demand and thus have lower floor prices ranging from $69 to $285 at present. It remains to be seen if Starbucks NFT holders will receive any real-life benefits, such as access to private events and international trips, promised as part of the Odyssey program. Users can earn points by completing tasks such as online trivia challenges and redeeming them for NFT stamps while purchasing drinks at Starbucks can also grant points that can lead to unlocking NFTs.

In the future, Starbucks also plans to sell limited-edition premium NFTs. However, it is still unclear when Starbucks plans to open up the Odyssey platform to the public. Nevertheless, the

success of the Starbucks NFT stamps is a testament to the growing popularity of NFTs as more companies and individuals explore the potential of this new digital asset class.

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POLYCON 2023:

PolyDoge Presents the Biggest Metaverse Blockchain Conference in Celebration of Polygon & Web3!

Description

Schedule

Don’t have Metamask? Purchase tickets with your credit card using one of the below checkout links:

$14 - Gen. Admission NFT Ticket

$44 - Premium NFT Ticket

Main Host: PolyDoge Co-Hosts: Polygon, Forge21, Polygon

Punks, POA (Proof of Apes), Inverse, Matic News, Quickswap & the Million Dreams DAO.

Join us Feb 23rd-25th, 2023, for an incredible lineup of teams, events, games, AMAs, showcases, sneak peeks, prizes, panels, and keynotes from the best Polygon & Web3 has to offer. Come check out the next gem projects and network till you drop. We’re bringing all of Web3 out to honor the Polygon Ecosystem and its meteoric rise to the top!

POLYCON 2023: A Celebration of the Polygon Ecosystem

The next big blockchain event is here! Now in its second year, PolyCon 2023, presented by PolyDoge, is set to launch Thursday, February 23, 2023, and run through Saturday, February 25, 2023. The three-day networking conference aimed at celebrating the Polygon blockchain ecosystem will be a jam-packed, virtual networking event held in the metaverse brought to us by the amazing team at Inverse. Each day between the hours of 10 AM-10 PM (EST), there will be keynote speeches and firesides with industry leaders, panels on various trending topics, AMAs with multiple projects, showcases of the latest

and greatest, virtual booths to engage with, games to play, an international crowd of people to meet, and much, MUCH more! If you are a project or individual building on Polygon, you really can’t afford to miss it! Why? As we’ve been building our own project on Polygon,

the team here at PolyDoge feels we continually witness a disconnect between the various communities building in the blockchain ecosystem. While community outreach has been one of our top priorities, especially during the rough times, we’ve definitely noticed that sometimes our own projects can keep us busy and focused in-house. While we pride ourselves on keeping up with our peers and strive to foster relationships that are mutually beneficial and help move us all forward, it can sometimes be difficult to find the time to engage with others and see what they are up to–especially if you’re brand new

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and just beginning your journey.

We at PolyDoge thought to ourselves: If one of our main driving principles is that we believe that “we all rise together,” then there has to be a better way to connect that can benefit these businesses we are all trying to build. With this in mind, we created PolyCon–an event platform that is focused on bringing together projects and attendees from around the world for networking and building strategic partnerships. Additionally, we aim to provide an inspirational space that fosters education by providing insight from various industry experts as well as fun activities to help build and strengthen community relations. PolyCon 2023 is a place where we can truly all rise together!

Our first step was to collaborate with the incredible team at Polygon and work together to bring this event to the public. We knew we needed them on our side in order to provide a high-quality

event that would be impactful. After all, if we are going to host an event that celebrates the Polygon ecosystem, then we absolutely need to include the team that is making it all possible for us to build better worlds. As you will see, many key players from the Polygon team will be joining us in various places throughout the event to share their insights, support the celebration, and help us to achieve our overall goal of connectivity and community building.

Our next step was a little more challenging. Where would we host this event? We knew we wanted to connect on a global scale but we didn’t

want people to have to spend a fortune on travel costs in order to attend. We figured we could accomplish this by hosting a virtual conference. At the same time, a virtual event needed to be something different, something cutting-edge, something exciting! Not just another Zoom call, Google Meet, or Twitter Space that would no doubt blend together with our regular daily meetings but something that would be fun, engaging and stand out from our day to day lives. We knew we needed to build this event in the metaverse! As such, we have brought on board the amazing team at Inverse and built an immersive 3D virtual event campus that can be easily accessed by attendees from around the world. Attendees will

100+ other projects and communities involved so far! If you want to be included? Please reach out to us at polyconevent@gmail.com

NFT Tickets are now LIVE! Get them hot off the minting press on this page above!

*Note: You will use your NFT ticket to access the event on the order page. This page is your portal to POLYCON 2023. You will register & validate to enter when the event goes live.

NFT Ticket Tiers are as follows:

30 $MATIC

Premium NFT Ticket: Includes all access to the event proceedings, giveaways, airdrops, specialized prizes, the exclusive POLYCON 2023 PFP, and more surprises.

10 $MATIC

Gen. Admission NFT Ticket: Includes the full POLYCON 2023 experience and is your gateway to all the incredible giveaways from our sponsors.

have the ability to walk around and discover the different areas within PolyCon as individual avatars, complete with custombranded merchandise from our sponsors and exhibitors. With full video, voice, and text messaging capabilities, attendees will be able to wander around at their own leisure and enjoy everything that PolyCon has to offer–all from the comfort of their own homes around the world.

The last piece to building this event was making sure that we were delivering a high quality and diverse schedule of impactful content that would truly make a difference

in the lives of our attendees. Our PolyDoge team has been working around the clock to partner with influencers and projects across the Polygon ecosystem to support this event as sponsors, exhibitors, speakers, attendees, and entertainers. We are delighted to bring attendees a plethora of exciting activities and opportunities to connect! Through daily keynotes, firesides, panels, showcases and AMAs, as well as in-world games and tournaments and exhibition halls with virtual booths from all of our supporting projects, we aim to provide several avenues for networking and

connectivity. Add to that product demonstrations, raffles and giveaways, limited edition NFTs, airdrops, special discounts, and more! We hope that attendees will leave feeling uplifted and inspired to continue building their projects–knowing that they are supported and surrounded by a vibrant community.

Wherever you may be in the lifecycle of your web3 journey, we here at PolyDoge are striving to provide a creative platform for your voice to be heard. With this event, we aim to deliver a communal space for you to learn from industry leaders and peers,

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Our first step was Polygon and work together knew we needed them quality

POLYCON 2023

a place to connect and celebrate together, and a launchpad for creativity and for building better businesses within the Polygon ecosystem. We now invite you to join us at what is shaping up to be THE premier networking event of the year!

Our team here at PolyDoge is proud to present PolyCon 2023!

Bryan SagePolyDoge Events Team

Inverse With it ` s “Immersive Experiences that Wow,” Supports Polycon

The future of digital worlds has undergone a massive transformation over the past few years, with more and more people embracing the idea of living and working in alternate realities. The concept of the metaverse has been a topic of discussion for a long time, and many believe that it represents the future of the internet.

At Inverse, the world is gifted with new and exciting technological developments in this area, offering a unique and innovative approach to building digital worlds. Businesses worldwide can build a thriving community around their brand

with intelligently engineered, immersive, and engaging 3D metaverse experiences. The platform aims to create environments that will allow users to explore, interact, and socialize in a fully-realized virtual environment.

To learn more about this exciting new technology supporting Polycon 2023, visit

https://about.inverse.app/ https://about.inverse.app/

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to collaborate with the incredible team at together to bring this event to the public. We them on our side in order to provide a highevent that would be impactful.

Thursday Feb 23rd 2023

Event Doors Open

Ends at 10:30 AM EST

10:30 AM EST

General Welcome & Announcements

Ends at 10:55 AM EST

11:00 AM EST

Morning Fireside w/ Sandeep Nailwal - Co-Founder of Polygon

Ends at 11:45 AM EST 12:00 PM EST

Panel: Empowering Communities on Polygon Ends at 1:30 PM EST 12:15 PM

- Disrupting

Feb 24th 2023

10:00 AM EST

AMA in the Auditorium: 0VIX Ends at 1:30 PM EST 1:45 PM EST

Showcase: zkEVM w/ Matt Krak Ends at 2:45 PM EST

General

Morning Fireside: Rian Robinowitz - Polygon Games Ends at 11:45 AM EST

12:00 PM EST

Panel: The Revolution of Gaming in the Blockchain Era Ends at 1:30 PM EST

12:45 PM EST

AMA in the Auditorium: Shogunate Ends at 1:15 PM EST

1:30 PM EST

AMA in the Auditorium: ValiBots Ends at 2:00 PM EST

1:45 PM EST

Showcase: Volted Dragons Sailors Club Ends at 2:45 PM EST

SCHEDULE

3:00 PM EST

Panel: NFTs

Ends at 4:30 PM EST

3:15 PM EST

AMA in the Auditorium: TBA

Ends at 3:45 PM EST

4:00 PM EST

AMA in the Auditorium: Polyverse

Ends at 4:30 PM EST

4:45 PM EST

AMA: PolyDoge

Ends at 5:15 PM EST

5:30 PM EST

AMA: Secret Project Launch

Ends at 6:00 PM EST

6:15 PM EST

Panel: Metaverse

Ends at 7:45 PM EST

8:00 PM EST

Evening Fireside: TBA

Ends at 8:45 PM EST

9:15 PM EST

POKER Tournament

Ends at 10:00 PM EST

25 FEB

10:00 AM EST

Saturday Feb. 25th

Event Doors Open

Ends at 10:30 AM EST

10:30 AM EST

General Welcome & Announcements

Ends at 10:55 AM EST

11:00 AM EST

Morning Fireside w/ Nathan Hill, CEO & Co-Founder Crypto Magazine

Ends at 11:45 AM EST

12:00 PM EST

Panel: AI: Artificial Intelligence--The Future is Now

Ends at 1:30 PM EST

12:45 PM EST

AMA in the Auditorium: TBA

Ends at 1:15 PM EST

1:30 PM EST

AMA in the Auditorium: Polygon Alliance

Ends at 2:00 PM EST

1:45 PM EST

Showcase: Fractal RED

Ends at 2:45 PM EST

3:00 PM EST

Panel: Blockchain Securities

Ends at 4:30 PM EST

3:15 PM EST

AMA in the Auditorium: TBA

Ends at 3:45 PM EST

4:00 PM EST

AMA in the Auditorium: THX

Ends at 4:30 PM EST

4:45 PM EST

AMA: TBA

Ends at 5:15 PM EST

5:30 PM EST

AMA: TBA

Ends at 6:00 PM EST

6:15 PM EST

Panel: Social Impact

Ends at 7:45 PM EST

8:00 PM EST

Evening Fireside: TBA

Ends at 8:45 PM EST

9:15 PM EST

Dance Party ft. DJ SARAH MAIN--LIVE FROM PARIS!

Ends at 11:00 PM EST

A Comprehensive Overview of Polygon (MATIC): The Ethereum Layer-2 Scaling Solution

Robert Stone

Polygon, formerly Matic Network, increases the network scalability and transaction speed of Ethereum by significantly improving its functionality. Using Polygon’s Proof-of-Stake blockchain and Commit Chain connectivity helps scale the Ethereum network and solves inefficiencies that hinder the widespread adoption of blockchain technology.

Cryptocurrency enthusiasts are always looking for the next big thing. One of the biggest issues facing the cryptocurrency world is scalability. Ethereum, one of the most popular cryptocurrencies, is no exception. Ethereum has faced challenges such as low throughput, high transaction fees, and limited development

options. But what if there was a blockchain that could address these problems while also leveraging Ethereum’s technology and security?

This is where Polygon comes in. Polygon, formerly known as Matic, is a layer-two scaling platform that allows Ethereum-based applications to overcome these challenges. Polygon and other layer-2 solutions address scaling issues that blockchains experience when they become too congested and costly to operate. As a result of layer-2 solutions, developers and builders can bridge assets between blockchains and interact without volatile transaction fees affecting their decentralized applications (dApps) ability to operate.

Polygon also offers staking to reward users for helping to secure the network by holding their tokens.

In crypto industries like GameFi, non-fungible tokens (NFTs), and decentralized finance (DeFi), which generate a high volume of small transactions, Polygon is an ideal solution. It focuses on increasing the usage of decentralized finance (DeFi) tools and applications by connecting different blockchains. Polygon currently hosts over 3,000 decentralized applications, of which over 80 big names migrated from the Ethereum main chain.

The Polygon network is similar to Ethereum. It uses Ethereum Virtual Machine (EVM), the

actual code run by computers worldwide to execute the blockchain’s smart contracts. Polygon, Binance Smart Chain, and other extensive networks utilize the main Ethereum code. This makes it easy for developers to move their projects to a new network without making any changes.

One of the most significant benefits of Polygon is its Proof of Stake (PoS) consensus mechanism, which is faster and more affordable than Ethereum’s Proof of Work (PoW). Polygon is a series of blockchains that can help scale Ethereum. It’s not just a single PoS chain; it offers various scaling solutions that developers can use with Ethereum. Developers can create completely separate

chains, such as Zk Rollup chains, Optimistic Rollup chains, or any other side chains they desire.

Polygon’s architecture runs on a four-layer system comprising of the Ethereum Layer, the Security Layer, the Polygon Networks Layer, and the Execution Layer. The Ethereum Layer is made up of different Ethereum-based smart contracts that handle staking, transaction approval, and interaction between the Ethereum blockchain and numerous Polygon chains. The Security Layer works alongside Ethereum to provide validator services that give chains an additional layer of security. The Polygon Networks Layer is the ecosystem of projects or blockchain networks developed on Polygon, while the Execution Layer executes smart contracts on the actual Polygon blockchain.

Overall, Polygon offers many benefits to developers and end-users alike; besides being

a faster and more affordable alternative to Ethereum, it also provides more development options. The Polygon network also supports a wide range of decentralized applications, which makes it an attractive investment for those interested in DeFi. Polygon’s architecture and PoS consensus mechanism make it a robust and scalable blockchain solution that will take the usefulness of blockchain technology to the future.

As I mentioned earlier, the main challenge facing Ethereum is its low throughput. This means that the network can only handle a limited number of transactions per second, much lower than many alternatives. This has resulted in high transaction fees and slower processing times, which is a significant issue for many users.

Polygon’s PoS consensus mechanism is a game-changer in this regard. It offers faster transaction processing times and lower transaction fees,

making it a more affordable alternative to Ethereum. Developers can also create different scaling solutions using Polygon’s architecture, which offers more flexibility in terms of developing new applications.

Moreover, the Polygon network’s compatibility with Ethereum makes it easy for developers to move their projects from Ethereum to Polygon without making any significant changes. This means that they can benefit from Polygon’s scalability and affordability without losing any of the benefits of Ethereum’s technology and security.

Polygon’s unique architecture also offers additional security features. Its security layer works alongside Ethereum to provide validator services, which give chains an additional layer of security. Moreover, Polygon offers numerous scaling solutions, including Zk Rollup chains, Optimistic Rollup chains, and other side chains.

Matic, the native token of the Polygon network, offers investors an excellent opportunity to invest in DeFi. Polygon offers a wide range of decentralized applications, and Matic is dispersed monthly and has a total supply of 10 billion tokens, of which nearly 6.8 billion are already in circulation. Investors can benefit from staking rewards, which come to around 12%.

Why are Layer-2 Chains Necessary?

Decentralization, active projects, robust security, and strong developer and investor support make Ethereum an ideal blockchain. However, Ethereum’s low TPS compared to other layer-1 blockchains like Polkadot or Solana results in high gas fees, making small transactions inconvenient.

Gas fees can fluctuate wildly depending on the number of transactions coming in, leading to high prices since they all compete for quicker validation.

By operating parallel to the Ethereum blockchain and acting as a highway for Ethereum assets, Polygon is able to avoid the low TPS issue and high gas price problem.

Who Created Polygon Finance?

Jaynti Kanani, Anurag Arjun, and Sandeep Nailwal founded Polygon in 2017. Since its Initial Exchange Offering (IEO) on Binance Launchpad, the project has received significant investments from well-known venture capital and investment firms, including Sequoia Capital, Steadview Capital, and Mark Cuban.

Originally known as the Matic network, Polygon rebranded itself in February 2021 to appeal to a more global audience. It expanded its original plan to include interoperability with other chains, similar to Polkadot. Polygon chose to retain the name MATIC for its token due to how ERC20 tokens are written into the Ethereum blockchain. As it repositioned

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itself as a potential layer-2 solution to Ethereum’s scaling and gas fee issues, the price of MATIC skyrocketed in 2021, as Polygon began competing with other layer-1 protocols like Binance Smart Chain (BSC), Solana (SOL), Avalanche (AVAX), Fantom (FTM), and Luna (RIP) for the loyalty of users and developers who were discouraged by ETH’s issues.

How Does Polygon Work?

Polygon has succeeded as a sidechain to Ethereum by implementing various scaling solutions and incentive structures to keep its network running optimally and efficiently.

A majority of its success comes from using a proof-of-stake (PoS) structure, which, if wellsupported, makes Polygon

significantly cheaper to use. Being able to conduct cheap transactions allows GameFi and other emerging sectors of crypto to succeed without committing a large amount of capital to move assets. Validators also exist to allow delegators to stake their tokens to increase the overall speed of block creation, as well as to generate passive income for holders of MATIC tokens.

Polygon now allows developers to launch preset blockchain networks that can be designed to match a client’s desired specifications and needs.

The Future of the Polygon Ecosystem In the future, Polygon will support other side chains or enterprise chains that run on their own PoS system. However, only secure chains and stand-alone chains are currently supported, both of which are MATIC PoS blockchains.

Polygon is expected to support a wide range of blockchain scaling solutions to increase

transaction throughput while maintaining security and usability. Optimistic Rollups, ZK-Rollups, Validium Chains, and more are already being utilized or expected to be used in the future as the total value locked (TVL) on the Polygon network increases.

Instead of merely acting as a highway for transactions, Polygon aims to become a platform for developers and companies to access a suite of tools compatible with Ethereum. DApps, DeFi protocols, and scalable blockchains will be able to interact with other Ethereumbased projects while still maintaining their sovereignty, making transactions nearly cost-free and allowing them to share information securely.

How to Use Polygon.

CoolWallet now supports Polygon (MATIC), the token used to settle payments and transaction fees on the Polygon network. Polygon is a layer-2 scaling solution

for the Ethereum network. Parallel to Ethereum’s main blockchain, it offers faster transaction processing, higher TPS (transactions per second), and lower transaction fees. The CoolBitX Crypto App allows users to store MATIC natively and access and trade it.

MetaMask and Wallet Connect integrations allow users to connect to DeFi protocols as well. By using the appropriate wallet and some ready-totransfer Ether and MATIC, Ethereum can be bridged to Polygon in a few minutes.

Select “Custom RPC” in the network settings of your supported wallet to begin setting up the Polygon network independently on MetaMask. Enter the following information to start bridging your assets to Polygon:

Network Name: Polygon

Mainnet

New RPC URL: https://rpcmainnet.maticvigil.com/

Chain ID: 137

Currency symbol: MATIC

Block Explorer URL: https:// explorer.matic.network/

Wallets can now transfer assets to Polygon after saving the details.

Polygon allows users to trade and interact with dApps, NFT

marketplaces, and blockchain games using assets like Ethereum and MATIC. To help users initiate transactions, https://matic.supply/ distributes a small amount of MATIC over time to wallets with zero MATIC.

Set your wallet’s network back to the Ethereum mainnet so you can connect it to the MATIC network website. A Polygon bridge will appear, where you can choose which asset to move. In addition to Ethereum gas fees, transactions take between 5-10 minutes. A web wallet’s main page allows you to view your assets.

Using Polygon, the most popular Ethereum layer-2, you can now easily trade your digital assets for decentralized applications such as QuickSwap and Aave.

Polygon: The Future of Ethereum Scalability

Polygon network is an exciting solution to Ethereum’s scalability problems, and it’s worth considering for developers and investors alike. Its PoS consensus mechanism and unique architecture make it a more scalable and affordable alternative to Ethereum. Moreover, its compatibility with Ethereum allows developers to move their projects to Polygon without making significant changes. Its diverse ecosystem of projects and applications, along with Matic’s staking rewards,

MetaMask and Wallet Connect

make it an attractive investment for those interested in DeFi. With its unique architecture, PoS consensus mechanism, and a diverse ecosystem of projects, Polygon offers numerous benefits to those interested in DeFi and cryptocurrency. Matic has been trading for around $2, with a market capitalization value of about $13 billion.

Matic tokens are dispersed monthly and have a total supply of 10 billion tokens, of which nearly 6.8 billion are already in circulation. Initially, the developers sold around 3.8% of Matic’s total supply in their initial private launch in 2017. Later, they had an initial exchange offering where they sold another 19% of their max supply. The development team owns 16% of the supply, while advisors have 4%, staking rewards come to around 12%, the ecosystem already has 23%, and around 22% went to the Polygon Foundation.

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integrations allow users to connect to DeFi protocols as well. By using the appropriate wallet and some ready-totransfer Ether and MATIC, Ethereum can be bridged to Polygon in a few minutes.

Play > Pay: The Future of Web3 Gaming

Jack Hartley

Gaming culture is in a state of existential crisis. On the one hand, traditional Web2 game devs imprison players in worlds where they have no control over their assets. On the other hand, Web3 pioneers are often so focused on earning that they need to remember to make the games fun to play.

In recent years, blue chip chains like Polygon have upgraded blockchain technology, allowing vast increases in the chain’s data processing power, making Web3 gaming possible. Advances like zk-rollups expand the possibilities of blockchain gaming beyond what was possible in crypto’s 2021 bull run. This progress has brought triple-A studios into the world of Web3.

Enter CyberArena

One gaming studio that’s ahead of the trend is Imperium Games. Imperium is a large motion-capture gaming studio based in Belgrade that boasts over 30 million downloads, 15 games, and more than 150,000 active daily players.

While the Imperium team comes from a web2 background, they’re now entirely focused on building games for Web3. Their latest project - CyberArena Metverse - could be the bridge between worlds that gamers are seeking.

What is CyberArena?

CyberArena is the world’s first interactive battle Metaverse powered by revenue generated

from both Web3 and a vast Web2 audience.

The first element of the CyberArena metaverse is the CryptoArena minigame, featuring prominent crypto industry figures. The idea for this game came from the team’s observation of crypto industry dynamics during the depths of a bear market. They noticed that competition and tribalism heated up as the cascading series of liquidity crises and failures that the now-infamous Terra Luna collapse instigated wreaked havoc on project after project. Eureka!

In CryptoArena, players can choose from a variety of characters inspired by their

favorite crypto heroes (or villains) and exact revenge on those who impacted the tradable value of their bags.

The minigame’s value extends beyond the therapeutic benefits of allowing people to vent their frustrations on digital versions of their enemies. Simultaneously, the minigame demonstrates the CyberArena team’s ability to deliver quality games that capture the spirit of the industry and showcase some of the features players can expect in the full game.

Those who like what they see and decide to play the full game upon its release will enjoy the best elements of the mini-game with added

cutting-edge graphics, intuitive gameplay, and blistering performance.

This new generation of high-quality games being spearheaded by studios like Imperium Games is destined to challenge our understanding of what is possible with blockchain gaming and convince a new cadre of gamers to jump into this exciting space.

Join the CyberArena team to learn more about their journey into Web3 and their plans to restore skill to gaming at PolyCon on February 23rd -25th.

Utility for Dogecoin through DogechainPOLYCON 2023

Dogecoin is the original meme coin and has been around for nearly a decade. Over the years, it has amassed one of the strongest communities of passionate followers and supporters. And while $DOGE retains a strong narrative as a payment cryptocurrency, it lacks the technological advancements to allow its holders to participate in the ongoing Web3 revolution.

The Layer2 narrative has been a driving force in the blockchain industry, with Polygon leading the charge. Dogechain, a sovereign blockchain built with Polygon Edge technology, allows Dogecoin to be plugged into smart contracts and gain advanced use cases. In a nutshell, users can now freely participate in Web3 by accessing DeFi, NFTs, and blockchain games with their Dogecoin.

From Feb 23-25, Dogechain will be attending Polycon 2023, the largest metaverse conference for everything Polygon-related. The project will be showcasing all of these new use cases for

Ivan Djordjevic

Doge during this 3-day event, where some of the biggest thinking heads of the industry will be present.

Dogechain Explained

As we mentioned in our intro, despite its well-established fan base and loyal holders, Dogecoin cannot support any of the consumer applications powered by blockchain. Dogechain solves this by introducing a layer-2 solution for Dogecoin, supercharging the meme crypto with smart contract capability.

Dogechain is a scalable, standalone layer-2 EVMcompatible blockchain created using the Polygon Edge/ Supernets framework. It serves as a smart contract layer for the original Dogecoin (Scrypt) cryptocurrency by allowing people to bridge their $DOGE and use it as gas on the chain.

Consequently, it allows Dogecoin holders to utilize their favorite meme coins for accessing advanced blockchain features, such as DeFi, NFTs,

blockchain games, and consumer applications.

Advanced Use Cases for DOGE

The Dogechain blockchain allows Dogecoin to become a Web3 powerhouse through a wide array of new use cases such as:

ƒ DeFi applicationsDOGE holders can access decentralized financial instruments like lending, borrowing, or LP farming with their memecoins.

ƒ Doge-powered NFTs - users can mint NFT collections by using wrapped Doge on the chain, making Dogechain NFTs immediately accessible to holders of the memecoin.

ƒ Consumer-oriented dApps - as Web3 evolves, Dogechain will inevitably attract high-volume Web

2.0 applications like social media, streaming platforms, games, etc thanks to its EVM compatibility.

Consequently, Dogechain stands out as the ultimate platform for creating utility for Dogecoin and allowing millions of users introduced to Web3 and decentralization.

Meet the Builders at Polycon 2023

During Polycon 2023, the top builders adding utility to Doge will be showcasing their projects at the conference. Users will be able to meet and greet these game changers and participate in AMAs that will allow them to understand the potential of this new platform.

WOW!

Dogechain - NFTs, Games, and DeFi for Dogecoin users

Built by Dogecoin holders, for Dogecoin holders

The Quest for Speed: How Polygon’s ZK Rollups Will Revolutionize the Chain

Robert Stone

Polygon has become a unique solution to Ethereum’s scalability issues. One of Polygon’s most significant highlights, reinforcing its potential to solve scalability problems, is its zero-knowledge rollups. Since the zero-knowledge Ethereum Virtual Machine (zkEVM) launch, Polygon’s ZK rollups have been gaining attention in the crypto domain.

Polygon is a prominent web3 infrastructure with some of the world’s biggest companies, including Reddit, Meta, and Stripe, using its diverse functionalities.

Polygon launched its Polygon zkEVM scaling solution in July 2022 with features similar to Ethereum, including wallets, smart contracts, and developer tools. The zkEVM is an equivalent of the Ethereum network but with better security through zeroknowledge proofs.

ZK rollups are critical for drawing out Ethereum transactions from the main chain to ensure scalability. ZkEVM powers ZK rollups in the Polygon network. Polygon

has a number of ZK Rollups in its product suites, such as Polygon Zero, Polygon Miden, and Polygon Hermez. This post provides a detailed introduction to ZK rollups available on Polygon, reflecting on their importance. On Polygon, you can also learn how zkEVM and ZK rollups work together.

The Ethereum platform offers an ideal opportunity for developing decentralized apps through smart contract programmability. As a result, decentralized finance (DeFi) applications such as decentralized exchanges, liquidity pools, and lending/ borrowing platforms have

gained momentum. Ethereum, however, could not handle the traffic of users developing their DeFi applications on the platform.

The growing demand for developing dApps on Ethereum has increased the burden of scalability, leading to network congestion, availability problems, and higher transaction costs. As Ethereum shifts towards the Proof of Stake protocol, layer 2 blockchain solutions have evolved as a prominent answer for scalability problems on the Ethereum blockchain. Polygon or MATIC is one of the most effective layer 2 scalability

solutions, with the facility of partnerships for expanding the Ethereum ecosystem.

The rollups on Polygon are similar to zero-knowledge rollups. ZK Rollups are an effective scaling solution that combines different off-chain transactions into one on-chain transaction. Polygon’s ZK rollup suite eliminates the need to verify individual transactions through miners on the Ethereum mainnet. In contrast, Polygon MATIC ZK rollups ensure verification through a validity proof, also referred to as zero-knowledge proof, with each rollup. This ensures that Ethereum can verify the authenticity of all transactions in the rollup, enabling users to ensure the seamless movement of funds and assets between Ethereum and the rollup.

ZK rollups are more effective than optimistic rollups, which have a waiting period for confirming transactions. This can reduce the efficiency of dApps and value for users.

Polygon MATIC ZK Rollups Suite - List of Polygon ZK Rollups

Polygon’s ZK rollups provide a zero-knowledge proof with a batch of transactions, which helps verify all transactions’ validity. This innovative technology has enabled Polygon to increase its commitment to the scalability of Ethereum. Polygon has launched four

unique products in its scalability stacks: Zero, Hermez, Miden, and Nightfall. Let us take a closer look at each of these products.

Polygon Zero

When asked if Polygon uses ZK rollups, the obvious answer would be Polygon Zero. This solution has been specifically designed to reduce the costs associated with creating validity proofs for transactions in a batch. However, the functionalities of ZK rollups are limited due to certain factors, such as the time-intensive and costly process of proof generation.

To overcome these challenges, Polygon Zero employs “recursive proofs,” which offer better speed compared to existing proof-generation systems. Polygon uses the Plonky2 proving mechanism, which was developed by the team behind the Mir Protocol. The team had previously explored the use of zeroknowledge recursive proofs in dApp scalability and continued their experiments resulting in the arrival of Plonky2 in January 2022 after being acquired by Polygon.

Using ZK rollups in Polygon reflects the efficiency of recursive proofs with Polygon Zero. Unlike existing projects that generate proofs for a specific batch of transactions, Polygon Zero generates

proofs for each transaction simultaneously. This approach can also combine different transaction proofs in a single proof on the Ethereum network, reducing the effort required to generate credible validity proofs for transaction rollups. Polygon Zero is compatible with EVM and can batch around 3000 transactions for each block.

Polygon Hermez

Polygon Hermez is another layer 2 scaling solution that enables users to send and receive transactions at a low cost. It employs a ZK rollupbased system and has the ability to process up to 2000 transactions per second. With Hermez, Polygon aims to improve the efficiency of token transfers, allowing users to save on gas fees.

Polygon Miden

Polygon Miden is a unique scaling solution that combines a ZK rollup-based system with optimistic rollups. The platform has been designed to offer high scalability and interoperability, making it possible for users to transfer assets between different networks. Miden also supports smart contract execution, making it a versatile developer solution.

Polygon Nightfall

Polygon Nightfall is an enterprise-grade privacy

solution built on ZK rollups that enable businesses to carry out private transactions. It employs a range of privacy-enhancing techniques, such as confidential transactions, stealth addresses, and more. Nightfall also offers features such as atomic swaps, enabling fast and secure trades between different assets.

In conclusion, Polygon’s ZK rollups suite comprises a range of products designed to improve the scalability and efficiency of the Ethereum network. From Polygon Zero’s recursive proof mechanism to Hermez’s high-speed transaction processing, each solution offers a unique set of benefits for users. With the use of ZK rollups, Polygon is helping to make Ethereum a more scalable and versatile platform for decentralized applications.

Exploring the Advantages of Polygon ZK Rollups As web3 developers continue to search for more efficient and faster solutions for building their applications while ensuring compatibility with Ethereum, Polygon ZK rollups have emerged as a promising option.

Polygon ZK Rollups Suite

First and foremost, let’s understand what Polygon ZK rollups are. Polygon offers a zero-knowledge rollup suite, which includes several products such as Polygon Zero, Miden, Nightfall, and Hermez. These rollups provide additional

value advantages compared to traditional ZK rollups.

Speed and Cost Efficiency, The main challenge with traditional ZK rollups, such as zkSync or StarkNet, is the computational costs associated with creating validity proofs. Ineffective proof generation mechanisms can offset the advantages of ZK rollups. However, Polygon ZK rollups have a solution to this problem. They can effectively reduce the processing costs required for proof generation by leveraging recursive zeroknowledge proofs, leading to faster transactions. Additionally, the stack of Polygon ZK rollups has been designed to reduce transaction costs associated with the use of layer 2 blockchains.

It does not require expensive or time-intensive validityproof generation mechanisms, allowing anyone to participate in the Polygon ecosystem while safeguarding security through zero-knowledge proofs. EVMCompatibility and Security

Polygon ZK rollups offer another significant advantage in their EVM compatibility. The introduction of zkEVM, a zero-knowledge EVM implementation, allows for EVM functionalities for ZK rollups Polygon offers in its product suite. This compatibility gives Polygon zero-knowledge rollups a competitive edge over other ZK rollups, which lack EVM compatibility with Ethereum. Furthermore, Polygon’s ZK rollups safeguard security through zero-knowledge proofs.

Polygon ZK rollups offer distinct solutions to the challenges faced by traditional ZK rollups. The suite of products provided by Polygon allows for faster transactions, cost efficiency, EVM compatibility, and enhanced security. Web3 developers can benefit significantly from Polygon’s zero-knowledge rollups and create efficient and faster applications while ensuring compatibility with Ethereum.

Decentralization to Lead the Charge at POLYCON 2023

What’s crypto without decentralization?

It’s the underlying principle that blockchain was founded upon, bringing more financial freedom to all. Fast forward from Bitcoin’s inception in 2009 to today, and the passion to stick to decentralized technology is still very much alive.

POLYCON 2023 is the largest metaverse blockchain conference celebrating Polygon’s continued progress in Web3 - communities from across the ecosystem are coming together for what’s set to be a blockbuster 3-day event in the metaverse.

Decentralization has always

been a core theme across Polygon DeFi. Everyone at the event will be taking notice of gem projects promoting decentralization and those with the potential to make serious noise in the Polygon ecosystem.

Helping lead this charge is QuickSwap, a popular DEX, and co-host for POLYCON 2023.

Tristan Lane

What is QuickSwap?

QuickSwap is the leading DEX and AMM on Polygon, giving users instant access to DeFi features at near-zero transaction costs and fast speeds. With almost $180 million in TVL, more than 43 thousand trading pairs, and $40 million in daily volume, QuickSwap has been driving greater adoption for Polygon on all cylinders.

What makes QuickSwap unique is its DeFi offerings and its suite of products, leveraging everything Polygon has to offer.

DeFi Features

Through QuickSwap’s sleek interface, users can experience Polygon DeFi like never before. QuickSwap also supports multiple popular Web3 wallets such as MetaMask, Trust Wallet, and others so that you can connect quickly.

Token Swaps

Swap between various ERC20 tokens directly on Polygon, completely permissionless.

Liquidity Pools

Supply liquidity with token

pairs in V3 or V2 pools to earn trading fees.

Farming

Deposit your LP tokens in V3 or V2 farms to earn additional rewards.

DragonFi Ecosystem

QuickSwap is also home to its DragonFi ecosystem, a one-stop shop for Polygon DeFi, and other exciting features that make it much more than just a DEX.

Dragon’s Lair

Stake $QUICK to earn yield in

$dQUICK and receive trading fees.

Gaming Hub

Gamers can access 86 live and 46 free-to-play games built on Polygon in one convenient place on QuickSwap’s Gaming Hub portal.

V3 Active Liquidity Management

QuickSwap’s integration with Gamma automatically manages

users’ V3 portfolios, keeping their liquidity in range and auto-compounding rewards to maximize capital efficiency.

The team also has plans to add new products such as a perpetual exchange, mobile app, and more:

Driving Decentralization on Polygon

There’s no question that decentralization will be at the top of everyone’s

mind at the conference. As QuickSwap continues to grow its own ecosystem, it’s setting an example of pushing decentralization in the right direction for Polygon as a whole.

Join QuickSwap at POLYCON 2023 and visit their booth, meet the team, and collect $QUICK coins within the metaverse as you walk around the groundsattendees will be able to get a taste of what their DEX has to offer.

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Top 10 Metaverse Platforms Powered by Polygon: Exploring the Future of Digital Worlds

The metaverse is the future of digital entertainment and social interaction. In this article, we will delve into the top metaverse platforms powered by Polygon, their features, and how they are revolutionizing the way we experience virtual reality.

Robert Stone

The rise of the metaverse has been an exciting development in the world of technology. A metaverse is a virtual world where people can interact with each other, play games, create content, and conduct business in a fully immersive environment. Powered by blockchain technology, the metaverse promises to be a seamless and secure environment where users can enjoy social and

economic activities.

Polygon (previously known as Matic Network) is a layer 2 scaling solution for Ethereum, providing a high-speed, lowcost network for decentralized applications (dApps) and games. Polygon is quickly becoming the go-to choice for developers looking to build metaverse platforms. Here are the top 10 metaverse platforms powered by Polygon:

1 Decentraland: Decentraland is a decentralized virtual world that allows users to explore, create, and monetize content. Built on Polygon, it offers a seamless experience with low transaction fees and fast processing times. Users can buy virtual land, build structures, and monetize their content using the native cryptocurrency MANA. Decentraland has

also recently launched their DAO (Decentralized Autonomous Organization), which allows users to have a say in the development of the platform.

2 The Sandbox: The Sandbox is another decentralized virtual world built on Polygon that offers players the ability to create, share, and monetize their content. Users can create games, experiences, and virtual assets, which can be traded with others using the SAND token. The Sandbox also

offers a game maker, which allows users to create their games and experiences without any coding experience.

3 Somnium Space: Somnium Space is a social virtual reality platform built on Polygon. It offers a fully immersive experience with realistic graphics and physics. Users can explore, create, and monetize content using the native cryptocurrency, Somnium Cubes. Somnium Space also offers a marketplace where users can buy and sell virtual land and assets.

4 Polkacity: Polkacity is a decentralized virtual world that allows users to engage in various activities like building, trading, and running businesses. Built on Polygon, it offers a fast and secure environment with low transaction fees. Users can earn the native cryptocurrency POLC by participating in the platform’s activities

and contributing to its development.

5 My Neighbor Alice: My Neighbor Alice is a blockchain-based multiplayer game built on Polygon. It is a social game where players can build their own virtual islands, participate in quests, and trade virtual assets. The game is designed to be accessible to all players, with easy-to-use tools for creating and customizing content. My Neighbor Alice has its own native cryptocurrency, ALICE, which can be used to buy, sell, and trade virtual assets.

6 Illuvium: Illuvium is a decentralized game that combines collectible elements with RPG (roleplaying game) mechanics. Players can collect creatures, battle other players, and earn rewards in the form of the native cryptocurrency ILV. The game is built on Polygon, providing fast and low-cost transactions.

7 Aavegotchi: Aavegotchi is a blockchain-based game that combines NFTs (non-fungible tokens) with gaming. Players can collect, trade, and battle their Aavegotchi spirits in a virtual world. The game is built on Polygon, providing fast and low-cost transactions. The Aavegotchi NFTs

are also backed by Aave (a decentralized lending protocol) tokens, giving them a unique financial value.

8 Neon District: Neon District is a blockchain-based game that combines role-playing game mechanics with collectible elements. Players can collect characters, items, and abilities, and battle them in a cyberpunk-inspired world. The game is built on Polygon, providing fast and low-cost transactions.

9 Metahero: Metahero is a social metaverse platform that allows users to create and monetize their content. Users can build virtual spaces, host events, and sell their creations using the native cryptocurrency HERO. Metahero is built on Polygon, providing fast and low-cost transactions.

10 Ember Sword: Ember Sword is a blockchainbased MMORPG (massively multiplayer online role-playing game) that allows players to explore a fantasy world, battle monsters, and interact with other players. The game is built on Polygon, providing fast and lowcost transactions. The in-game assets and currency are backed by cryptocurrency, giving them a unique financial value.

These are just a few examples of the many metaverse platforms being built on Polygon. The scalability and low transaction fees provided by the network make it an ideal choice for developers looking to build immersive and interactive experiences. With the increasing popularity of blockchain technology and the metaverse, it’s exciting to see how these platforms will evolve and shape the future of digital entertainment and social interaction.

In conclusion, the metaverse is the future of virtual reality, and Polygon is leading the

way with its fast and low-cost network. The top 10 metaverse platforms powered by Polygon offer a seamless and secure environment where users can interact with each other, play games, create content, and conduct business. With the increasing adoption of blockchain technology and the metaverse, we can expect to see these platforms transform various industries and change the way we experience virtual reality. As technology continues to evolve, we can expect even more exciting developments in the world of digital entertainment and social interaction.

“The Sims Of Web3” “1380

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PolygonPunks: The 1st Punks NFT on Polygon (Matic)

PolygonPunks are the 1st Punk NFTs on Polygon. The 10k collection minted on August 3rd 2021, selling out in just 24 hours, and generating over $1m in sales. The project went on Opensea after mint, and became the 2nd highest selling collection by 24hr volume.

However, PolygonPunks soon faced major challenges. After

being live for just 48 hours, the collection was removed from Opensea. To make matters worse, the developers left the project.

The future of PolygonPunks looked uncertain. But over the following months, something incredible happened. A new core team developed behind the scenes, from community members who had skills to lend,

and together fought for the return of PolygonPunks.

Meanwhile, impassioned community members took to social media, as #FreePolygonPunks spread across Twitter. It quickly caught media attention, as Bitboy Crypto, Cointelegraph, and more covered the story.

Then, on September 29th

2021, Opensea announced PolygonPunks would be relisted on their marketplace. The Punks were back!

The community was ecstatic, and united from the battle. We’d also gained many new followers, partly from the media coverage. PolygonPunks had 30k sales the first day back, and just a month later our highest ever sale to date.

Since then, PolygonPunks has had continued success. The collection has achieved $2.5m in total sales, and gained over 2.5k holders!PolygonPunks are now available on 5 marketplaces. Opensea, Magic Eden, Oneplanet, Rarible, and NFTrade. We were the first Polygon collection on Magic Eden, and also the first on Rarible, featured as Marketplace of the Week.

In December 2022, PolygonPunks joined forces with Polygon Studios (now Polygon Labs), the official NFT arm of Polygon, who will

provide marketing support for Punks going ahead.

We have announced several major partnerships, including a collab with Gokhshtein Media, David Gokhshtein’s company. We also partnered with Buktrips, offering hotel discounts to our holders, and Siva Coin, providing engageto-earn features. PolygonPunks has some exciting upcoming collabs, including 1/1 Punks with Nibbl and Violet Gallery, and an innnovative new partnership in the works with Polydoge.

Lastly, we recently launched the Polygon NFT Spotlight Series, a weekly Twitter Space hosting the top NFT projects on Polygon. We also ventured into the metaverse, launching 3 Decentraland wearable collections. PolygonPunks were featured at the first Polycon event in September 2021. I wasn’t on the team at the time, but attended as a holder. It was my first experience of the metaverse, and because of that event I have been an avid fan of the metaverse ever since. What Polydoge has put together for Polycon 2023 is amazing. Huge shoutout to everyone for all their hardwork. It’s sure to be the greatest metaverse event Polygon has ever seen, and it is an honour for PolygonPunks to be involved.

We can’t wait to see you all at the event, and make sure to visit the PolygonPunks booth for some exclusive giveaways!

SamB - @sambnft

PolygonPunks (Project Manager)

What is PolyDoge?

The fun and friendly internet currency.

PolyDoge is a digital currency with one of the most vibrant communities on the powerful Polygon Network. It offers a wide variety of fun interaction to its holders in the form of NFTs, apps, airdrops and access to different DeFi platforms ready to use on Polygon.

What’s with PolyDoge and the dog?

The Shiba Inu is a Japanese breed of dog that was wildly popularized as an online meme in early 2010. Our very own polygonized version, rocking the purple Polygon shades day and night, is the MVP of our project’s inviting branding. It has already become the omnipresent mascot of PolyDoge, conquering the memespace with unstoppable force.

Sandeep Nailwal Opens Up About the Past, Present, & Future of Finance

Nicole Grinstead (@NrdGrl007)

When you hear the name “Polygon” with respect to cryptocurrency, you probably think about the chain that has been integrating with large corporations from Instagram to Disney. Since 2020, Polygonpreviously known as MATIC - has exploded in adoption. So much so that you might find the humble roots from which this chain was

born difficult to believe. But long before Matic became Polygon and Polygon became a household name, Sandeep Nailwal and Polygon’s now legendary cofounders (Jaynti Kanani, Sandeep Nailwal, Anuraj Arjun, and Mihailo Bjelic) had a dream - to help Ethereum scale.

Sandeep wistfully recalls, “I remember saying ‘we know we

made it when we can no longer keep up with the number of projects that are building on our chain.’ We went from a small group of coders hacking together nightly in the same house we lived in to running a chain with $15 billion in TVL and many teams working on various scaling solutions like zkEVM.” Luckily, CryptoMag was able to snag a few moments of the busy

Polygon’s Co-founder

co-founder’s time to catch up on the past, present, and future of Polygon and finance.

Humble Origins

We started out by asking Sandeep what it was like in Polygon’s early days. We’d heard that few people then thought a scaling solution for Ethereum would be necessary, so we asked how he knew otherwise.

“When we founded Polygon in 2017, many people thought that Ethereum’s transition to PoS was just around the corner, and it would solve all of the chain’s scalability issues. Of course, we knew better because we were software engineers. People laughed at me/us, but I was used to it. Throughout my life, friends would always laugh at me because I always said that someday I was going to do something really big… Granted, I had no idea what it would be, but I always knew, and that was my guiding light. Back then, few people believed that a small team of engineers from India could pull off something of this scale. They thought we couldn’t make it sustainable or last for a long time, which only motivated us more. We had to prove them wrong.”

Prove them wrong, they did!

In the years since crypto’s last bull run, Polygon has exceeded all expectations. They’ve announced partnerships and

integrations with mainstream institutions like JP Morgan, Starbucks, and Instagram - just to name a few. In 2023, former US President Donald Trump launched an NFT collection on Polygon to fund his next run for the highest office in the land.

So we asked Sandeep what he would say the turning point was. When did the broader crypto/ blockchain industry start to realize that Polygon was a contender? Did anything specific happen, or was it more gradual?

“In the years since 2017, the perception about Indian people has shifted dramatically. Now, we’ve seen so many successful Indian entrepreneurs. I’ve even joked that what I used to call the brown discount has become the brown premium.”

“In the last bull run, Ethereum’s lack of scalability became very apparent. People could no longer deny the need for sidechains and layer 2 solutions.”

“Internally, at Polygon the turning point came when we realized that scaling Ethereum was just the tip of the iceberg. We saw the need for a broader, more versatile scaling solution that could support multiple chains and bridge them together seamlessly. That’s also when we decided to rebrand Matic as Polygon and focus on building a full-stack scaling solution for the entire blockchain industry.”

The past, the present, & the future as well

Polygon’s team is far more than the four Mumbai-based software engineers who founded the Matic Network. Today, Polygon is a multi billion dollar empire in-the-making with dozens of departments and hundreds of employees worldwide.

Everyone is thrilled with Polygon’s present, but don’t worry, the team isn’t slowing down anytime soon. Sandeep says he’s let go of the chip on his shoulder that used to drive him. Instead, the desire to exceed the high standards he set for himself as a child when he said “I’m going to be a big man” motivates him to keep pressing forward.

We closed out the interview by asking Sandeep what he’s most excited about for Polygon’s future and if he has any alpha to share with readers today.

“I’m excited to keep expanding and improving the Polygon ecosystem. I can’t disclose any ‘alpha’ per se, but tune in to my keynote speech at PolyCon 2023 February 23-25 for some hints about what the future could hold.

More broadly, I remain enthusiastic about blockchain technology because it represents an evolution. Blockchain is more than a technology. It’s the evolution of humanity.”

Polygon’s PostApocalyptic Punks are Reaching New Heights

George Smith

Luminous purple afros, one-eyed bandits, apes from space, green aliens, and chain-smoking Victorian gentlemen. That all sounds rather post-apocalyptic, doesn’t it? Enter Polypunks, one of the biggest NFT projects in the world right now, and it’s ready to reach new heights. Everyone knows about Cryptopunks and the barbaric prices they often sell for, but did you know it’s currently the perfect time to get into Polypunks?

Polypunks are MATIC’s answer to Cryptopunks, a 10,000-strong collection of pixelated badasses. Minted on the Polygon Network, these NFTs are rapidly increasing in popularity and could soon be reaching similar prices to the eye-watering Cryptopunks. The good news is that it’s still quite early to get in on the action, despite all 10,000 Polypunks having already been minted. Traders can purchase Polypunks through a couple of NFT marketplaces, including Opensea and Lootex, where the highest Polypunk is currently going for 1,500 ETH. Don’t worry. That’s a fair bit beyond

my budget too! Luckily, there are plenty of others going for as little as 0.05 ETH, so the accessibility for anyone to get involved is prevalent. If my magical words have already won you over, then go and purchase your first Polypunk NFT! On the more likely occasion that you’re still on the fence, please continue reading, and hopefully, I can provide some enlightening details about the project.

The team at Polypunks has lots of new projects and partnerships in the works. They take a clear level of pride in constantly providing new updates and opportunities for traders and holders alike. Recently, Polypunks have partnered with big platforms such as Spyrit, xDai Punks, PolygonPenguins, Polygon

Alliance, and 0xPandemic. The Polygon Ecosystem DAO has also provided the project with a large grant, helping to propel these amazing 8-bit NFTs into popularity. Polypunks’ team believes that “collaborations between projects are a core aspect of the blockchain open data nature”. Their partnership with 0xPandemic has allowed the implementation of Polypunk NFTs into the P2E DeFi game, providing a key use case for the non-fungible tokens. For those that don’t know 0xPandemic is a blockchain game that rewards players with crypto earnings just for playing. It’s deployed on the Polygon chain and centres around a focus on NFTs.

It’s refreshing to see a team back an NFT project so closely, as Polypunks have laid out

a clear list of future goals. Some of these plans include the launch of a Polypunks 3D derivative which will enable the use of Polypunks in the Bloktopia metaverse. In the more imminent future, Polypunks’ spot in Bloktopia is opening “soon” which will create an exclusive space for Polypunk owners to “hang out” and “have special events”. Who knows, you might even be able to find several Crypto Magazine writers hanging out there!

Polypunks’ recent partnership with PolyPup’s PupPunks (try and say that quickly!) is continuously proving to be an exciting endeavor. A recently announced fashion show is proving popular throughout social media platforms, where Polypunk owners are doing their best to shill their avatars

and gain likes across posts. Owners need to get as many likes as possible whilst the contest is ongoing, and once it’s concluded, the punk with the highest number of likes gets paid the full winning prize pool. It’s a unique way to increase popularity, and it’s a fun event for the community, not to mention a cool way to see some awesome Polypunk designs!

sooner and you missed out, then be sure not to miss the jump on Polypunks. If you made it this far than I assume you’re interested, so go check out the Polypunk NFT collection here on OpenSea. If you’re feeling a little bit crazy, a little bit edgy or a little bit post-apocalyptic, then check this collection out; I’m sure there’ll be an avatar to represent you! If you’re simply looking for an interesting NFT project with lots of future updates and partnerships still to come, then Polypunks is the one for you. There’s lots more to come, but for now, I hope you’re convinced that Polypunks is a project worth keeping an eye on.

The uses don’t end there as Polypunks have more future updates to be announced soon. In the meantime, traders can also stake their Polypunks as a method to earn passive income, adding extra incentive to hold onto your exclusive NFTs. Polypunks are, undoubtedly, a global phenomenon, where NFT enthusiasts and traders are taking part in the project from every corner of the world. The team is aware of this and are using their global interest to encourage further NFT adoption and education in less developed parts of the world, starting with Thailand.

Polypunks is a project not to miss out on. If you regret not getting into Cryptopunks

As Billie Joe Armstrong once said, “punk has always been about doing things your own way… ultimate freedom and a sense of individuality.” We’re on the verge of financial change, and the world is on the brink of something greater. Polypunks’ aesthetic represents anarchy and protest, themes that tie heavily into the crypto revolution. So, I ask you, what better avatar represents the push for global adoption than a punk, or rather, a Polypunk?

The Hidden Gems of Polygon: Innovative Projects Working Together for the Future of Polygon Chain

The Polygon network is a Layer 2 scaling solution for Ethereum that has gained tremendous popul arity since its launch in 2019. Its goal is to enhance transaction speeds, lower gas fees, and enhance interoperability. The following article will explore the six best projects in the Polygon DeFi ecosystem that have contributed to its rapid growth and success.

First on the list is COVO Finance, a decentralized spot and perpetual exchange on the Polygon network that allows users to trade BTC, ETH, MATIC, and other cryptocurrencies directly from their wallets. It offers low swap fees, zero price impact trades, and perpetual futures trading with up to 50x leverage. COVO holders who stake their tokens receive three rewards, including 30% of generated protocol fees paid in MATIC, escrowed COVO (esCOVO) tokens, and Multiplier

Points. COVO’s multi-asset pool, COVOLP, allows users to mint liquidity provider tokens and earn 70% of all fees generated on the blockchain. The COVOLP token provides liquidity for leverage trading, and its price, rewards, and index composition differ between Arbitrum and Avalanche.

Next on the list is Aave, a decentralized lending and borrowing protocol that allows users to earn interest on their crypto assets and borrow against them. Aave’s integration with Polygon’s Layer 2 solution has been a significant success, with over $175 million in total value locked as of February 2023. The lower gas fees on Polygon and faster transaction times have made Aave more accessible to a broader range of

Opensea is one of the most popular NFT trading platforms globally, allowing users to buy, sell, and trade non-fungible tokens (NFTs). Its recent integration with the Polygon network has provided users with faster, cheaper, and more efficient NFT trading experiences. Opensea recorded a daily trading volume of over $15 million on the Polygon network recently, the highest daily trading volume recorded on the network.

Balancer is an automated market maker (AMM) that allows users to swap and pool tokens in a decentralized manner. With Balancer’s protocol, users can trade and manage their crypto assets in a customizable, flexible, and lowcost manner. Due to Balancer’s

users.

Robert Stone

integration with Polygon, users can now transact more quickly and pay less per transaction. Its new user interface launched in December 2021, which displays the user’s balances, transaction history, and portfolio composition.

and lower gas fees. Curve has redesigned its user interface to make trading and asset management easier and has been working on increasing liquidity on its platform.

and expanding its range of supported protocols.

The Polygon ecosystem is home to various innovative and successful projects driving the growth and success of the blockchain industry.

Curve is a decentralized exchange (DEX) that specializes in stablecoin trading pairs, providing users with a low-slippage and lowfee trading experience. Its integration with Polygon has been a significant success, with faster transaction speeds

Lastly, the Beefy Finance platform allows users to maximize their returns by autofarming the highest-yielding pools. Its integration with Polygon has been a significant success, providing users with faster transaction speeds and lower gas fees. Beefy Finance has been improving its platform’s user experience

Covo Finance, Aave, Opensea, Balancer, Curve, and Beefy Finance provide users with faster transaction speeds, lower gas fees, and a better overall experience. We can expect even more successful projects to emerge as Polygon continues to expand and evolve.

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Buying and Selling NFTs on Polygon: The Ultimate Guide for Beginning Crypto Investors

Robert Stone

Non-fungible tokens (NFTs) have become a popular asset class within the cryptocurrency ecosystem, revolutionizing the world of art, gaming, and many other industries. Offering proof of ownership and security, NFTs are gaining increasing popularity among crypto investors who are looking to invest in metaverse platforms. One such platform that has emerged as a primary blockchain for various NFT marketplaces is Polygon. In this guide, I will take you through

the process of buying and selling NFTs on Polygon.

Understanding the Polygon Blockchain

In order to validate on-chain transactions, Polygon uses a proof-of-stake (PoS) consensus mechanism that runs alongside the Ethereum blockchain. It is designed to address Ethereum’s scalability concerns and offers lower transaction fees, greater flexibility, and scalability, making it an attractive platform

for developing decentralized applications (DApps).

How to Create Free NFTs on Polygon

To facilitate artists and content creators in minting NFTs, Polygon NFT marketplaces such as OpenSea and Rarible offer the option of “lazy minting” for free. The NFT is minted when a user buys it, reducing the number of transactions relayed onto Ethereum and ensuring that the buyer pays

the applicable gas instead of the NFT creator. To mint, an NFT, select or create a digital file, connect your crypto wallet, upload the file onto the marketplace, and complete the “Free Minting” process.

How to Purchase NFTs on Polygon

For investors and NFT enthusiasts looking to buy NFTs on Polygon, it would be a good idea to select one of the NFT aggregators or markets on the blockchain network and start from there. Besides OpenSea and Rarible marketplaces, Polygon NFT marketplaces such as TixHive, NFTrade, Candy Shop, Hodl, and Floor. My Moon facilitates transactions across blockchain networks, including Ethereum, Solana, and BNB Smart Chain. To purchase NFTs, link your Polygon NFT wallet with the chosen marketplace and browse through the available NFT collections.

For fixed-price NFTs, add the NFTs to your cart and pay for them in a single purchase flow, while for auctioned NFTs, place a bid by locking ETH in a Wrapped Ether (wETH) smart contract.

How to Sell NFTs on Polygon

After minting an NFT, it will be visible in the “My Collections” tab on the OpenSea marketplace and can be put up for sale by the NFT’s owner. To

sell an NFT on Polygon, follow these steps:

1. Sign in to your Polygon NFT wallet and connect it to OpenSea

2. Click on “My Collections” and select the NFT you want to sell

3. Click on “Sell” and choose a fixed price or auction format

4. Set the price, add a description, and upload an image

5. Sign the authorization and wait for the transaction to be confirmed

6. Congratulations! Your NFT is now up for sale.

How to Find Polygon NFTs on OpenSea

Although OpenSea is an Ethereum-based NFT marketplace, it allows users to buy, sell, or trade NFTs from other blockchain platforms, including Polygon. Polygon NFTs can be found on OpenSea by looking for the Polygon logo in the upper-left corner of the representative image. Alternatively, filter Polygon from the list of blockchains supported by the platform to see only those NFTs hosted on the Polygon network.

In Conclusion

In recent years, Polygon

has emerged as the primary blockchain platform for a wide variety of NFT marketplaces, offering low fees and fast transaction finality. With its multichain network of Ethereum-compatible blockchains, Polygon offers flexibility, security, and scalability, making it the preferred platform for many developers and NFT marketplaces. By following the steps outlined in this guide, you can buy and sell NFTs on Polygon with ease.

Whether you’re a seasoned investor or just starting with NFTs, it’s crucial to remember that buying and selling NFTs comes with inherent risks.

Always do your due diligence and research before investing in any NFT or crypto asset. Additionally, be mindful of the fees involved and consider using gas-efficient solutions like Polygon to save on transaction fees.

The rise of NFTs has disrupted the art and gaming industry, offering investors an opportunity to own unique digital assets. As the primary blockchain platform for NFT marketplaces, Polygon offers a reliable, cost-effective, and efficient way to create, buy, and sell NFTs. By following the steps outlined in this guide, you can tap into the potential of this revolutionary asset class and invest in the metaverse of the future.

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Exclusive NFT Collection

Designed by the legendary Mike Miller

(Marvel & DC Official Movie and Comic Artist)

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Owned and Founded by one of the largest ever Shiba inu whales with a holding worth over $5.7 Billion at its peak!

All Marketing & Development Costs Are Funded Personally by Shibtoshi Himself!

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What is Polygon? MATIC Explained with Animations

For many, Polygon is a network far cheaper than Ethereum that allows new crypto users to learn how to do things without expensive mistakes. For others, Polygon is the future of scaling Ethereum. FREE Discord

SQUIDGROW, SAFEST GROWING MEME UTILITY TOKEN

Over $1.5 million invested in the first 60 days!

Exclusive

Collection

Designed by the legendary Mike Miller (Marvel & DC Official Movie and Comic Artist)

SQUIDGROW, COMING SOON! EXCHANGE

Owned and Founded by one of the largest ever Shiba inu whales with a holding worth over $5.7 Billion at its peak!

All Marketing & Development Costs Are Funded Personally by Shibtoshi Himself!