On Thursday, the Polygon team announced via Twitter that it had launched Polygon Supernets. Polygon Supernets are dedicated, scalable blockchains that aim to ignite mass adoption of Polygon and Web3. The team added that it had launched a $100 million support fund to power this initiative.
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 3% in the last 24 hours and is currently trading at $1.309.