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Polygon Pledges $20 Million To Attain A Carbon-Negative Status

Twitter icon  •  Published há 2 anos  •  Hassan Maishera

The Polygon team announced that it has committed to eliminating all of the network’s carbon debt going back to inception and making the chain climate positive into the future

In a blog post on Tuesday, the Polygon team announced that it has committed to eliminating all of the network’s carbon debt going back to inception and making the chain climate positive into the future. Polygon has set aside $20 million for a series of community initiatives, including funding projects that utilize technology to combat climate change.

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 up by more than 4% in the last 24 hours and is currently trading at $1.418.

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.