HomeNewsPolygon Village Resurfaces with $110 Million MATIC Grant Initiative, Bolstering Developers and...

Polygon Village Resurfaces with $110 Million MATIC Grant Initiative, Bolstering Developers and Ecosystem

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  • The City of Lugano’s MyLugano payment app integrates Polygon PoS, enhancing user experience with a multichain digital wallet and access to dApps.
  • A new NFT collection and “Mint it Big” feature are set to launch on MyLugano, highlighting Lugano’s ambition to become Europe’s blockchain capital.

MyLugano App Embraces Polygon PoS Technology

In a significant development for blockchain adoption in urban environments, the City of Lugano’s MyLugano payment app has integrated Polygon‘s Proof of Stake (PoS) technology. This strategic move invites the residents of Lugano, touted as Europe’s emerging crypto capital, to delve into the expansive Web3 ecosystem supported by Polygon PoS.

Enhancing User Experience with Multichain Wallets and dApps

The latest version of the MyLugano app features an ‘asset’ section, allowing users to manage a multichain digital wallet for personal custody. The integration of various tokens into the app enables purchases using different cryptocurrencies, catering to both novice and experienced crypto users. With this update, MyLugano evolves from a simple payment tool into a comprehensive platform for accessing a wide array of decentralized applications (dApps) on the Polygon network.

Lugano, a picturesque city in southern Switzerland, is actively working towards transforming its financial infrastructure to incorporate blockchain technology. The city’s ambitious plan includes using Bitcoin, Tether, and its own stablecoin, LVGA, for various municipal payments like taxes, parking tickets, public services, and student tuition fees. Polygon PoS plays a pivotal role in facilitating some of these transactions.

Introducing Innovative Features and NFTs

The MyLugano app is set to introduce a “Mint it Big” feature soon, allowing users to mint photos on Polygon PoS. In celebration of this new feature, MyLugano will launch a collection of NFTs dedicated to the artwork LVGA/XY Flowers, created by artist Yuri Catania. This initiative is a collaboration with Lugano Living Lab, featuring a physical art piece on the wall of the Palazzo dei Congressi. Participants in the art creation will receive a free, signed NFT on the app.

This physical artwork, made using the paste-up technique, is designed to transform over time. The paper flowers used in the artwork will eventually be planted in a new green area, while the art piece will also have a digital life as NFTs on the Polygon network, signed by the artist.

Lugano: On the Path to Becoming Europe’s Blockchain Hub

These developments in Lugano, including the integration of Polygon PoS in the MyLugano app and the launch of innovative NFT collections, highlight the city’s commitment to embracing blockchain technology. By pioneering such integrations, Lugano is well on its way to establishing itself as Europe’s blockchain capital, paving the way for cryptocurrencies to become an integral part of urban life.

For more information on the MyLugano app and its features, as well as updates on the Polygon ecosystem, interested individuals are encouraged to visit the official website and follow social media channels.

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Nikita Dmitrievich
Nikita Dmitrievichhttps://www.ethnews.com/
Nikita, a young and ambitious crypto investor who has been actively involved in the cryptocurrency world for the past 6 years. With a keen interest in blockchain technology, Nikita has been investing in various cryptocurrencies and has seen significant returns on his investments. He is passionate about educating others on the potential of cryptocurrencies and frequently shares his insights on social media platforms. Nikita believes that cryptocurrencies are the future of finance and is constantly researching new projects to invest in. With his dedication and knowledge, Nikita is quickly becoming a prominent figure in the crypto community. Business Email: info@ethnews.com Phone: +49 160 92211628