Decentralized Autonomous Organization (DAO), uses blockchain technology for all crypto transactions thereby allowing users to vote by offering special tokens. DAOs allow Polygon, to build a community for businesses compared to Ethereum (ETH). Considerably, there are 2X more of DAOs accumulated on Polygon than ETH. The spike rate is substantial
Reddit Avatar’s Drop, season 3, is going to take place on the 10th of April. This announcement about the 3rd generation of Reddit Non-Fungible Tokens (NFT) is receiving positive feedback from the online discussion forum participants. Reddit is deploying their new contracts, Gen 3 of the avatars are on their
The trading volume of decentralized exchanges (DEXs) that function on the Solana network has rapidly decreased. Despite the Solana network having seen high levels of activity, there has been a decline in interest in its DEXs, as demonstrated by the network’s declining number of DEX transactions. And also there has
On March 27, Polygon launched zkEVM Mainnet Beta, enabling their first transaction done by Ethereum’s co-founder sending 0.005 ETH. Earlier today, Polygon zkEVM is supported on one of the Coinbase products, Coinbase Wallet. Congrats to the @0xPolygon team for this big web3 innovation! 👏 Polygon zkEVM is supported on Coinbase
An official partnership between the Polygon blockchain platform and Wakweli, the web3 infrastructure protocol that produces certificates of validity for non-fungible tokens, has been revealed. As a result of the agreement, Wakweli’s certification system will be interoperable with all digital assets on Polygon. Also, any NFT project holder in the
Polygon, the Ethereum layer-2 platform, released the Zero Knowledge Ethereum Virtual Machine (zkEVM) scaling technology to the mainnet on Monday. It reduced transaction fees and increased the throughput of Smart contract deployments. Polygon stated that it makes all the aspects of its zkEVM open source, and the developers can study
Polygon (MATIC) has joined whales’ preferred crypto token list along with Ethereum, an attractive cryptocurrency for whales with its potential. One enormous whale was spotted acquiring a sizable quantity of MATIC earlier today. According to Whale Alert, an account that tracks whale transactions, 5,190,398 MATIC was transferred from an unknown
Recently, there have been some substantial changes in the cryptocurrency industry, and various cryptocurrencies are making the news. Investors and traders have been paying special attention to Polygon (MATIC). An Ethereum blockchain-based Layer 2 scaling solution is known as Polygon (MATIC). Compared to the Ethereum network, it is intend to
zkSync Era, the future-proof zkEVM is expanding its functionality era by collaborating with various arena firms. The most recent addition to the list is the Web3 gaming zone. Latest partners are Xsolla, a global gaming commerce company, and WEMADE, a popular game developer and publisher. Decentralized web3 gaming and innovation
Gas-abstracted USDC transactions are now available for Polygon users in the blockchain ecosystem of Nimiq’s native wallet. The innovative feature makes it simpler and more practical for businesses to accept cryptocurrency while eliminating traditional volatility. It is included in Nimiq’s non-custodial wallet. With the most recent addition to Nimiq Wallet,
