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Polygon Supports Web3 Development With A $100,000 Grant Pledge

Twitter icon  •  Published 1年前  •  Hassan Maishera

Polygon announced via a blog post on Monday that it will donate $100,000 to Gitcoin Grants Round 14 to ramp up the ongoing support for new projects building on the Polygon ecosystem.

Polygon announced via a blog post on Monday that it will donate $100,000 to Gitcoin Grants Round 14 to ramp up the ongoing support for new projects building on the Polygon ecosystem. The funding is part of Polygon’s efforts to support the development of Web3 projects on its blockchain, the team added. 

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 6.5% in the last 24 hours and is currently trading at $0.530.

Author

Hassan Maishera

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.