Hola readers! Meta launches digital collectibles #poweredbyPolygon, Meshswap hits 600 mm in TVL within a week of launch on Polygon, and Tilting point partnered with Polygon Studios.
Let’s dive in.
Despite a slow-down across the space, the weekly active users still record at over the million mark, the second-best performing week of the year so far. QuickSwap (+16%), KyberSwap (+62%) and Aave (+46%) lead the user growth amidst a wider cooldown. Sunflower Land leads the gaming front with nearly 60k weekly active users and 140k transactions.
Gas Fee saved by using Polygon: $43.2 Million daily($13 per Txn)
For in-depth weekly analysis threads, view our Analytics resources on GitHub.
Recall this grade school experience: you raise your hand and ask, “Can I go to the bathroom?” To which your teacher responds with “I don’t know. Can you?” Might seem far fetched, but this is a perfect entry point to understanding the difference between data availability and data storage. Let's bring this analogy close to […]
We all know that Ethereum needs to scale, and we at Polygon believe that zero-knowledge (ZK) tech is the most promising pathway to get there. But that path has often seemed as if it would be long and winding. The conventional wisdom has been that the crypto space would need many years to develop Layer […]
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 […]
If we want the entire world to join Web3, blockchains will need to handle more transactions. Monolithic blockchains can’t scale because they’re asked to perform too many tasks (execution, settlement, and data availability) at once. But if chains were able to focus on just one part of the stack at a time, the entire ecosystem […]
Polygon is pleased to reveal that it has led a $25 million funding round for Web3 venture studio SuperLayer. This partnership and funding will help spread SuperLayer’s vision of accelerating the most promising Web3 platforms and projects. SuperLayer is led by managing partners Kevin Chou and Mahesh Vellanki, both founders of multiple leading Web3 companies, […]
The Ethereum community has recently seen a flurry of zkEVM (zero-knowledge Ethereum Virtual Machine) announcements, including the unveiling of Polygon zkEVM. Given how new these technologies are and how many different approaches are being tried, it comes as no surprise that there has also been a lively debate around key concepts and terminology. What is […]
Polygon is coming to Latin America as a presenter-tier sponsor of ETHMexico. The annual gathering of Ethereum's brightest minds organized by ETHGlobal will be held on Aug. 19 - 21 in Mexico City. In preparation for the 36-hour-long hackathon, Polygon will host and mentor 25 top women builders in Web3 at our Blu3house #onPolygon. These […]