Hola readers! Safe to say that the past week was dedicated to NFTs. Here it goes -> NFTs for the social media platform of Adobe’s Behance are minted on Polygon, India’s biggest e-travel company launched its own NFT collection which is powered by Polygon, and lastly, we welcomed Polysynth to our ecosystem.
Let’s dive in.
Active addresses continued to grow for the second consecutive week. QiDao, Otterclamp, and Arc8 were the front runners for weekly user growth. There was a huge increase inthe transaction growth volume of Crazy Defense Heroes, Arc8, Polyflip, and FlowerPatch even though the cumulative transaction volume dropped a bit.
Gas Fee saved by using Polygon: $22 Million daily($8 per Txn)
For in-depth weekly analysis threads, view our Analytics resources on GitHub.
Polygon has made a major first step toward becoming carbon negative with the retirement of $400,000 in carbon credits representing 104,794 tonnes of greenhouse gasses, or the entirety of the network’s CO2 debt since inception. The milestone comes after Polygon in mid-April released its Green Manifesto, part of its broader vision for sustainable development. The […]
Clink Clank For a period of time, democracy in ancient Athens was exercised in a peculiar way.* Every eligible voter, when entering the hall, would receive a single pebble to be cast in one of two urns during assembly, signifying approval or disapproval on an issue. Athenians, understanding the significance of votes being cast anonymously, […]
Given the urgency of the climate crisis, it may come as a surprise that the fossil fuel industry receives about half a trillion dollars a year in government subsidies. The truly shocking part is that renewable energy alternatives get less than a third of that. Reneum is trying to right the imbalance by using blockchain […]
Polygon is donating $100,000 to Gitcoin Grants Round 14 to ramp up the on-going support for new projects building on the Polygon ecosystem. The core team has already pledged $1 million to Gitcoin over five quarterly grants until December 2022 in order to help and encourage the growth of Web3. Who is eligible Applications for […]
Conventional wisdom has it that traditional finance (TradFi) and decentralized finance (DeFi) go together like vampires and garlic. But there is one area of TradFi where that black-and-white picture shades into gray. This is the case for why neobanks will be key to bridging these two worlds. Neobanks, or digital banks, are basically banks without […]