Category Archives: Polygon news

Magic Eden and Polygon Introduce $1 Million Fund for NFT Creators

Fund Objectives The primary objective of this collaboration is to provide financial assistance and guidance to promising NFT initiatives on the Polygon network. By offering access to both funds and advisory services, the creator fund strives to enable talented creators and teams to transform their imaginative and innovative ideas into reality. Access to Launchpad and[Read more…]

GemPad Hosts Live Public Sale for O-Mee: The Digital Art and NFT Marketplace

Exciting Public Sale of O-Mee on GemPad The public sale of O-Mee is now underway exclusively on GemPad since August 21, 2023, at 10:00 UTC, and will conclude on August 25, 2023, at 23:59 UTC. Empowering Artists on the Polygon-Based NFT Marketplace GemPad presents a cutting-edge NFT marketplace known as O-Mee, built on the Polygon[Read more…]

Polygon (MATIC) Price Teeters Close to Vital Support Level Amidst Bearish Momentum – Could This Mark the Price Floor?

Recent market analysis by altFINS highlights a significant bearish breakout in MATIC, stemming from a distinctive Rising Wedge pattern. This downward shift gained notable traction as MATIC’s price dipped beneath the critical support level of $0.75, firmly confirming the ongoing downtrend. Currently, the price hovers proximate to the pivotal $0.50 support threshold, a substantial juncture[Read more…]

Top NFT Crypto Games on IQ Protocol from Polygon MATIC

Rental NFTs: Unlocking New Possibilities Are you familiar with the concept of Rental NFTs? IQ Protocol has been at the forefront of this innovative approach. In case you missed it, you can watch our last video about IQ Protocol. The idea behind renting NFTs for gaming purposes is both ingenious and practical. Gamers can rent[Read more…]

Binance Integrates PancakeSwap and Kyber Network on Ethereum and Polygon Networks

Binance, a leading cryptocurrency exchange, has achieved a significant milestone by successfully integrating PancakeSwap (CAKE) on the Ethereum (ERC-20) network and Kyber Network (KNC) on the Polygon network. This integration marks a crucial step in advancing the decentralized finance (DeFi) ecosystem, providing users with enhanced opportunities and solidifying their positions in the world of blockchain-based[Read more…]

VC Spectra’s (SPCT) Presale Frenzy Casts Shadow over Chainlink’s (LINK) Decline and Polygon’s (MATIC) Surge

Chainlink (LINK) Faces Price Correction Chainlink (LINK) experienced a substantial 4.7% drop in value over the past week, declining from $7.43 to $7.08. This downward movement is primarily attributed to price corrections and increased market volatility. However, Chainlink (LINK) has been actively working on enhancing its network capabilities. Recently, it formed a strategic partnership with[Read more…]

Can Polygon’s Gaming Division Contribute to the Stability of MATIC?

Polygon’s Gaming Influence and Immutable zkEVM Testnet Within the last 24 hours, three out of the top five Polygon dApps belonged to the gaming sector, showcasing the thriving popularity of blockchain-based games. The Immutable zkEVM testnet has recently gone live, introducing a range of new features and capabilities to the Polygon ecosystem. Despite ongoing challenges,[Read more…]

Polygon’s Negative Outlook: VC Spectra Delivers Impressive 212.5% Profits!

Polygon’s Upcoming Upgrade: Polygon 2.0 Amidst anticipation, Polygon recently unveiled its plans for an upgrade known as “Polygon 2.0”. While this announcement has generated considerable excitement, it’s hard to overlook the remarkable 212.5% gain achieved by VC Spectra, which has taken the market by storm. Polygon (MATIC) is actively striving to solidify its position in[Read more…]

Achieving Milestones: Polygon zkEVM’s Impressive Progress 5 Months After Launch

Polygon zkEVM’s Milestones: 5 Months of Impressive Progress Polygon’s zero-knowledge rollup, known as zkEVM, has achieved significant milestones in various metrics just five months after its successful mainnet launch in March 2023. However, it faces strong competition from emerging zk-rollup alternatives. According to Polygon’s team, zkEVM’s growth has been remarkable in terms of organic expansion.[Read more…]

Assessing the Performance of Polygon zkEVM after 5 Months

Achievements of Polygon zkEVM Polygon zkEVM, a cutting-edge layer 2 solution, has marked a significant milestone as it completes five months since its deployment. The rollup has consistently achieved new all-time highs in various metrics, such as unique addresses and daily transactions. This remarkable growth underscores its increasing adoption and usage within the cryptocurrency ecosystem.[Read more…]