New $60M web3 Fund From Axelar Offers Close Support From Circle, Polygon
The interchain communication protocol, Axelar, has announced a $60M funding program to drive innovation for web3 startups building during the bear market.
Polygon Founder Sandeep Nailwal Launches Web3 Acceletor Beacon
The founder of Polygon – Sandeep Nailwal – has assembled a team of founders gathered from the entire Web3 ecosystem – and has launched a startup accelerator to power the future growth of the nascent industry.
Polygon Partners Hi & Introduces Web3-Focussed Debit Cards
Polygon forms a strategic partnership with neo-banking app Hi to embark on its journey to becoming the flagbearer of gasless fees for NFTs.Users have rather more options now when customizing their non-fungible tokens. Hi, a neo-banking app allows customers to use Mastercard to spend either fiat or digital currency. Polygon Studios and hi have announced their collaboration to bring innovative news, first for hi & Mastercard, where users can mint their non-fungible tokens using an image they like.
Coinbase Prime Starts Supporting Polygon ($MATIC) Staking
The prime broker platform of Nasdaq-listed cryptocurrency trading platform Coinbase, Coinbase Prime, has started offering Polygon ($MATIC) staking services to its users, allowing them to earn rewards while helping secure the network.
Starbucks Launches Beta of the Web3 Loyalty Program
On December 8, the highly anticipated Odyssey program, which combines customer loyalty rewards with NFT collecting and other gamified elements, launched to a small group of waitlist members including customers and employees in the US.
SEED.PHOTO Adds Ethereum and Polygon from January 1, 2023
SEED.PHOTO, an exclusive NFT marketplace for photographers based on Binance Smartchain, adds Ethereum and Polygon Blockchains, following the numerous requests from users.
Magic Eden Bolsters Gaming Support by Adding Polygon NFT Minting and Trading
Magic Eden extended support for the Polygon network on Nov. 22 in an effort to add multi-chain functionality and future possibilities for blockchain gaming. Polygon is an Ethereum layer-2 protocol that undergirds many popular blockchain-based games such as The Sandbox.
Donald Trump Launches NFT Collection on Polygon for ‘Only $99’ Each
NFTs depict Trump in various characters, including a superhero, a duck hunter, a successful stock market trader, and a golfer.
MATIC Might Cross Above Its 50-Day Moving Average, Thanks to ETH Whales
Polygon’s native token MATIC kicked off this week with a bullish pivot on Monday (12 December) and has been gradually recovering since then. A recent WhaleStats analysis revealed incoming whale demand that may trigger more upside for MATIC.
BLR Metaport: World’s 1st Airport Metaverse Launches via Polygon’s Help
It happens to be the Bangalore International Airport, which in the very recent past, was successfully launching the first phase of the BLR Metaport. For the uninitiated, this happens to be the first time the world will be exposed to a metaverse-related experience, in the case of an airport. This great occurrence is carried out with the due assistance of AWS, Intel, and, last but not the least, Polygon.
Polygon’s NFT Market Demonstrates Signs of Significant Increased Adoption, but Not Growth in Sale Volume
Amid a crypto winter exacerbated by the FTX fallout, first-time and returning buyers have reached all-time highs in Polygon’s non-fungible token market. Yet, sales volumes are near all-time lows.
Bermuda Digital Bank Jewel Issues ‘Fully-Backed’ Stablecoin
Bermuda-based Jewel Bank said Monday it is issuing a fully backed stablecoin called Jewel USD (JUSD) that can be accessed through the Polygon network.
Polygon Partners With Earn Alliance To Boost Up the Web3 Gaming Community
Polygon has announced its partnership with Earn Alliance, a web3 gaming community & infrastructure platform, to accelerate the adoption of blockchain gaming. Another objective of the partnership is to onboard over a hundred million players in the community. Blockchain gaming is the future, and the partnership looks to ensure that its adoption brings that future closer.
Lost in Translation: Polygon Bridge’s Unclaimed Millions
One of the key elements of Polygon’s success is its bridging technology, allowing users to virtually move assets (such as NFTs and tokens) from the Ethereum blockchain to the Polygon blockchain and vice versa.
Starbucks Sees ‘Unprecedented Interest’ As Polygon NFT Rewards Platform Launches
Starbucks Odyssey, the coffee chain’s <a href="https://decrypt.co/109502/starbucks-ethereum-scaling-network-polygon-nft-rewards" target="_blank">new Web3 rewards platform</a> built on <a href="https://decrypt.co/resources/what-is-ethereum-quickly-explained-four-minute-guide" target="_blank">Ethereum</a> sidechain network <a href="https://decrypt.co/resources/what-is-polygon-matic-and-why-it-matters-for-ethereum" target="_blank">Polygon</a>, is officially rolling out to the world. And the company says that demand for the platform so far has been “unprecedented.”
MATIC Price Battles Under $1 Despite Bullish Signals
The Polygon (MATIC) price momentum registered a positive shift over the last 24 hours. The altcoin gained close to 3%. Meanwhile, on the weekly chart, MATIC is yet to recover from its losses. The technical outlook depicted positive price action; however, the coin is still not out of the woods.
Polygon Founder Debunks Claims of Paying People To Use Chain and Acquiring Brands
Indian software engineer and co-founder of Polygon, Sandeep Nailwal, has responded to claims of Polygon using its investment funds to pay for company acquisitions and bribe people to use the chain. Nailwal’s remarks directly reply to the co-founder of Helius, a Solana-based startup, Mert Mumtaz.
Polygon To Bring Music NFTs In Partnership With Warner Music
Polygon has partnered with LGND Music and Warner Music to bring Music NFTs to the market. The first music NFTs will come in Jan 2023. By collaborating with some of the world’s leading organizations, Polygon has become a leading on-ramp to Web3. With this latest partnership, Polygon will introduce Music NFTs to the market in an open, sustainable, and permissionless environment. (coingape)
O.G. Audio App Winamp Adds Ethereum and Polygon Music NFT Support
In its latest update, the classic Windows media player Winamp has integrated music NFTs into its platform. Winamp’s new feature will allow users to play audio files embedded in their <a href="https://decrypt.co/resources/non-fungible-tokens-nfts-explained-guide-learn-blockchain" target="_blank">non-fungible tokens</a>, calling it a Web3 desktop upgrade.
Warner Music, Polygon and LGND.io Partner to Launch Web3 Music Platform
E-commerce and interactive platform builder LGND.io has announced a multi-year partnership with blockchain network developer Polygon and global entertainment company Warner Music Group to create a Web3 music platform called LGND Music.
