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.