Category Archives: Polygon news

Polygon Weekly Recap Week 37 (8/9 – 14/9)

 Polygon is moving forward daily, and we hope you guys do not miss any news in the last 7 days. Here is your Polygon Weekly recap. TL;DR Highlight On-Chain data Ethereum The Merge Overview Starbucks Coffee unveils Starbucks Odyssey on Polygon Polygon Awards $250,000 to Winners of PolygonLEAP Accelerator Polygon will become the chain one[Read more…]

Announcing the Winners of Polygon’s BUIDL IT Hackathon! 

Polygon is pleased to announce winners of Polygon’s BUIDL IT Summer 2022 hackathon! We funneled over $500,000 in resources to help developers build a more equitable web.  This year, we saw 3.6 times as many projects submitted to #BUIDLIT compared to last, a number that translates to the highest conversion rate of registrations to projects […] The post Announcing the Winners of Polygon’s BUIDL IT Hackathon!  appeared first on Polygon | Blog.

Big-brand collaborations are failing to push MATIC up, here’s why

With the completion of the Merge, all the attention seems to be on Ethereum [ETH]. However, there could be a lot of L2 solutions that could benefit from the Merge, one of them being Polygon [MATIC]. In a recent tweet, posted on 13 September, Polygon announced how they would reap the benefits from Ethereum’s Merge. The Polygon team stated how Ethereum’s[Read more…]

Polygon’s new plan to reduce fees and scale up speed- details inside

Polygon is planning to kick its operations into high gear especially now that the Ethereum Merge has been finalized. Polygon’s latest announcement reveals an ambitious goal that if successful, will solidify its position as the most powerful Ethereum L2 solution. Polygon revealed in a recent blog post that it is experimenting on different block sizes through its[Read more…]

Polygon Avail’s Ability to Scale: What We Can Improve Next

The Polygon Avail Testnet is now live. As users begin incorporating Avail into their chain designs, a question that often comes up is, “How many transactions can Avail process?” This is Part Two in a three-part series of articles that will address Polygon Avail’s current performance, as well as its ability to scale in the […] The post Polygon Avail’s Ability to Scale: What We Can Improve Next appeared first on Polygon | Blog.

Going Beyond the Green Manifesto: Our New Impact Commitment 

With Ethereum’s Merge finally upon us, we’ve been thinking about how this historic milestone will affect our sustainability efforts. Polygon’s initial commitment to become carbon neutral and eventually carbon negative was largely addressing emissions generated by our relationship with Ethereum. The Merge dramatically changes that equation. Ethereum’s transition from Proof-of-Work to Proof-of-Stake consensus, known as […] The post Going Beyond the Green Manifesto: Our New Impact Commitment  appeared first on Polygon | Blog.

PolygonInsights – WEEK36

Hola readers! Homa games, a leading platform for creating and publishing mobile games, is joining the Polygon ecosystem, PIL ZK Tooling is now open source, and OnePlanet completed its migration to Polygon. Let’s dive in.  Key takeaways:  Weekly NFT volume continued to grow the past week, climbing to $364 Mn (+37%). The past week recorded […] The post PolygonInsights – WEEK36 appeared first on Polygon | Blog.

Algorand throws hat in ring as Helium community begins vote on Solana migration

Algorand (ALGO) network believes it would be a better option for Helium (HNT) than Solana (SOL) even as voting commenced on the migration proposal. Two top executives of Algorand urged Helium developers to reconsider their stance on Solana because ALGO’s network offers a better option. Algorand’s chief technology officer John Woods tweeted that ALGO’s blockchain meets[Read more…]

Starbucks Marks Foray Into Web3 With Starbucks Odyssey

Starbucks has announced the unveiling of Starbucks Odyssey, an NFT-based loyalty program powered by the Polygon network.  The loyalty program will allow customers to purchase collectible stamps in the form of NFTs, offering benefits and other immersive experiences.  First Foray Into Web3 Technology  The Starbucks Odyssey program, set to launch later this year, marks the[Read more…]

Starbucks Rolls out NFT-based Membership Program by Adopting Polygon

The NFT project is branded as a unique variation of its current loyalty program where customers earn ‘Stars’ which they can redeem for free drinks at its outlets.  While Odyssey will let users earn rewards, Starbucks said it would be for a more revered and valuable gift than the regular gifts from the Star program.[Read more…]