Ethereum

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Polygon

<ul>
<li><strong>Cofounder of Polygon, a layer-2 scaling solution for Ethereum, shares four significant developments in the Polygon ecosystem in the last 10 days.</strong></li>
<li><strong>Google announces its support for Polygon Supernets and a joint fund with Polygon Labs to support startups.</strong></li>
</ul>
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<h2 id="polygon-ecosystem-google-sotheby-8217-s-sports-illustrated-and-franklin-templeton-join-in">Polygon Ecosystem: Google, Sotheby&#8217;s, Sports Illustrated, and Franklin Templeton Join In</h2>
<p>Cofounder of Polygon, a layer-2 scaling solution for Ethereum, <a href="https://twitter.com/sandeepnailwal/status/1653874698235568137">tweeted</a> about four significant developments in the Polygon ecosystem in the last ten days. First, Google <a href="https://www.ethnews.com/polygon-and-google-cloud-unite-to-revolutionize-web3-startups-growth/">announced</a> its support for Polygon Supernets (appchains) and committed to supporting startups on Polygon in a joint fund with Polygon Labs.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">Four large scale things happened in <a href="https://twitter.com/0xPolygon?ref_src=twsrc%5Etfw">@0xPolygon</a> ecosystem in last 10 days</p>
<p>1. Google announced its support for Polygon Supernets(appchains) and committed to supporting startups on Polygon in a joint fund with <a href="https://twitter.com/0xPolygonLabs?ref_src=twsrc%5Etfw">@0xPolygonLabs</a> <br />2. <a href="https://twitter.com/Sothebys?ref_src=twsrc%5Etfw">@Sothebys</a> launched their NFT marketplace <a href="https://twitter.com/onPolygon_?ref_src=twsrc%5Etfw">@onPolygon_</a>…</p>
<p>&mdash; Sandeep Nailwal | sandeep. polygon <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f49c.png" alt="💜" class="wp-smiley" style="height: 1em; max-height: 1em;" /> (@sandeepnailwal) <a href="https://twitter.com/sandeepnailwal/status/1653874698235568137?ref_src=twsrc%5Etfw">May 3, 2023</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="sotheby-8217-s-and-sports-illustrated-join-in">Sotheby&#8217;s and Sports Illustrated Join In</h2>
<p>Second, Sotheby&#8217;s, a British-founded auction house, <a href="https://www.ethnews.com/polygon-and-3m-circulation-publishing-house-join-forces-to-revolutionize-ticketing-with-nfts-on-the-eth-network/">launched</a> its NFT marketplace on Polygon, which provides a platform for buying, selling and discovering unique digital assets. Third, Sports Illustrated, an American sports media brand, launched a ticketing platform on Polygon.</p>
<h2 id="franklin-templeton-goes-for-tokenization">Franklin Templeton Goes for Tokenization</h2>
<p>Fourth, Franklin Templeton, a $1.4 trillion finance sector giant, has <a href="https://www.ethnews.com/polygons-zkevm-faces-strong-competition-from-zksync-era-as-1inch-exchange-onboards-major-defi-protocol/">decided</a> to tokenize large scale regulated financial products for 0xPolygonDeFi. The move is expected to enhance the transparency, liquidity and efficiency of traditional finance.</p>
<h2 id="polygon-ecosystem-booming">Polygon Ecosystem Booming</h2>
<p>The recent developments indicate that the Polygon ecosystem is <a href="https://www.ethnews.com/cardano-solana-and-polygon-skyrocket-in-nft-sales-while-ethereum-slumps/">thriving</a> and attracting interest from billion-dollar companies. Cofounder of Polygon told ETHNews,</p>
<blockquote><p>It&#8217;s really hard to keep up with what all is happening within the Polygon Ecosystem.</p></blockquote>
<p>The developments demonstrate that Polygon&#8217;s mission to provide a scalable and sustainable solution for <a href="https://www.ethnews.com/ethereum-investors-flock-to-decentralized-liquid-staking-protocols-triggering-700m-outflows-from-binance-and-coinbase/">Ethereum</a> is gaining momentum.</p>
<p>In conclusion, the Polygon ecosystem has witnessed significant developments in the last ten days, including Google&#8217;s announcement of support for Polygon Supernets and a joint fund with Polygon Labs. Sotheby&#8217;s, Sports Illustrated, and Franklin Templeton have also joined in, indicating that Polygon&#8217;s mission to provide a scalable and sustainable solution for Ethereum is gaining momentum.</p>
<p>The ecosystem&#8217;s growth is expected to continue, making it a significant player in the blockchain space.</p>
<div class="cryptoboxes" id="mcw-12341" data-realtime="on"><div class="mcw-chart mcw-chart-light" data-font = "inherit" data-chartcoin = "MATIC" data-chartcurrency = "USD" data-chartrate = "1.000268" data-charttype = "chart" data-chartview = "day" data-charttheme = "light" data-chartsmooth = "true" data-chartareacolor = "" data-chartbgcolor = ""></div></div>
<p>The post <a rel="nofollow" href="https://www.ethnews.com/polygon-ecosystem-booms-with-google-sothebys-sports-illustrated-and-franklin-templeton-is-matic-poised-for-a-major-rally/">Polygon Ecosystem Booms with Google, Sotheby&#8217;s, Sports Illustrated, and Franklin Templeton: Is MATIC Poised for a Major Rally?</a> appeared first on <a rel="nofollow" href="https://www.ethnews.com">ETHNews: Bringing you the news of everything blockchain, Ethereum, and the internet.</a>.</p>

Polygon Ecosystem Booms with Google, Sotheby’s, Sports Illustrated, and Franklin Templeton: Is MATIC Poised for a Major Rally?

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