The Polygon team announced via a blog post on Tuesday that it has partnered with SPORTFIVE, a full-service sports and entertainment agency. The partnership is designed to bring the transformative power of blockchains to the world of sports.
Polygon and SPORTFIVE will work together to enable end-to-end growth strategies for sports rights-holders and brands across a range of Web3 initiatives, including Metaverse, NFTs, DeFi, and DAOs.
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 1% in the last 24 hours and is currently trading at $0.7947.