Hassan Maishera
On Thursday, the Polygon team announced via a blog post that it led the $9.5 million funding round in SX Network. SX Network, a Layer 2 blockchain running on Polygon, will use the funds to pioneer work on decentralized prediction market governance called futurachy and secure its strong foothold as the market leader in blockchain-based betting.
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% in the last 24 hours and is currently trading at $1.219
