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Plus Company Launches Industry-First +DAO on Polygon

Twitter icon  •  Published 3 years ago on June 15, 2023  •  Hassan Maishera

Polygon announced via Twitter on Wednesday that Plus Company is launching +DAO, an internal Decentralized Autonomous Organization, for its 3,000 employees across the network.

Plus Company Launches Industry-First +DAO on Polygon

Polygon announced via Twitter on Wednesday that Plus Company is launching +DAO, an internal Decentralized Autonomous Organization, for its 3,000 employees across the network.

Plus Company is a partnership of forward-thinking creative agencies. The company is building +DAO on Polygon and will allow token holders to come together as a community, vote on self-initiated projects and have them funded by an on-chain fund, controlled solely by +DAO members.

The +DAO experience is powered by Polygon’s low fees and high transaction speeds, and the energy-efficient consensus mechanisms known as Proof-of-Stake (PoS).

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. MATIC is down by 4% in the last 24 hours and is currently trading at $0.6201.

 

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Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.