- Cofounder of Polygon, a layer-2 scaling solution for Ethereum, shares four significant developments in the Polygon ecosystem in the last 10 days.
- Google announces its support for Polygon Supernets and a joint fund with Polygon Labs to support startups.
Polygon Ecosystem: Google, Sotheby’s, Sports Illustrated, and Franklin Templeton Join In
Cofounder of Polygon, a layer-2 scaling solution for Ethereum, tweeted about four significant developments in the Polygon ecosystem in the last ten days. First, Google announced its support for Polygon Supernets (appchains) and committed to supporting startups on Polygon in a joint fund with Polygon Labs.
Four large scale things happened in @0xPolygon ecosystem in last 10 days
1. Google announced its support for Polygon Supernets(appchains) and committed to supporting startups on Polygon in a joint fund with @0xPolygonLabs
2. @Sothebys launched their NFT marketplace @onPolygon_…— Sandeep Nailwal | sandeep. polygon 💜 (@sandeepnailwal) May 3, 2023
Sotheby’s and Sports Illustrated Join In
Second, Sotheby’s, a British-founded auction house, launched its NFT marketplace on Polygon, which provides a platform for buying, selling and discovering unique digital assets. Third, Sports Illustrated, an American sports media brand, launched a ticketing platform on Polygon.
Franklin Templeton Goes for Tokenization
Fourth, Franklin Templeton, a $1.4 trillion finance sector giant, has decided to tokenize large scale regulated financial products for 0xPolygonDeFi. The move is expected to enhance the transparency, liquidity and efficiency of traditional finance.
Polygon Ecosystem Booming
The recent developments indicate that the Polygon ecosystem is thriving and attracting interest from billion-dollar companies. Cofounder of Polygon told ETHNews,
It’s really hard to keep up with what all is happening within the Polygon Ecosystem.
The developments demonstrate that Polygon’s mission to provide a scalable and sustainable solution for Ethereum is gaining momentum.
In conclusion, the Polygon ecosystem has witnessed significant developments in the last ten days, including Google’s announcement of support for Polygon Supernets and a joint fund with Polygon Labs. Sotheby’s, Sports Illustrated, and Franklin Templeton have also joined in, indicating that Polygon’s mission to provide a scalable and sustainable solution for Ethereum is gaining momentum.
The ecosystem’s growth is expected to continue, making it a significant player in the blockchain space.