that will feature a 50% discounted subscription window for MATIC, the best tier-2 scaling solution in the crypto space. Sponsored Sponsored Sponsored
ProBit Exclusive debuted on July 22, 2020, unveiling MATIC with the main goal of lowering the bar for cryptocurrency startups. It allows you to create wallets with discounts for fast-growing major cryptocurrencies such as Bitcoin and Ethereum
MATIC part of the 1st Anniversary ProBit Exclusive
to Polygon. The project has cemented its status as a leader in Tier 2 solutions to amplify the massive network effect of Ethereum. Sponsored
Backed by 28% circulating MATIC staked
at around 100 validators, Polygon’s
for accelerated confirmation. In addition, Polygon has Heimdall validator nodes that publish Merkle roots on Ethereum.
This unique security infrastructure and EVM compatibility has established Polygon as the leading gateway for DeFi
with $8.47 billion TVL (total value locked). This puts it ahead of Ethereum by providing a viable alternative due to its near-zero fees and vastly improved bandwidth.
Polygon’s native DEX QuickSwap quickly secured its place among the top 5 DEXs on DeFi Pulse with $1.02 billion TVL and over $9 million in volume in 24 hours. As one of the few projects that launched through equitable token distribution, the team allocated 96.75% of the total supply to the community. Of this, 90% will go into miners’ wallets to improve liquidity and reduce slippage
Along with USDC – currently the most blockchain token in Quickswap – Polygon recently partnered with Wyre. The partnership will help provide a fiat-USDC exchange gateway for potential Trad-Fi users to enter the DeFi space in less than 30 seconds.
Polygon has made a huge push, committing $100 million to launch Polygon Studios to enter the NFT and gaming market. Its overarching goal is to combine web2 and web3 infrastructure for over 100,000 blockchain players. This development comes after another significant mainstream enhancement through integration with OpenSea, which significantly improves the user experience, with zero fees and support for multiple blockchains.
Their NFT aspirations have moved into the luxury lifestyle industry with the co-founding of the $10 million UNXD Culture Fund and its first collaboration with the upcoming Collezione Genesi NFT – the first NFT collection from luxury brand Dolce & Gabbana.
The onboarding of industry-leading oracle Chainlink and its Verifiable Random Function (VRF) has opened wide the gates for Polygon’s entry into the gaming industry. VRF and its unique mechanism for providing verifiable and tamper-proof forms of randomness are critical to many elements of gamification. Just think of NFT item drops and conducting fair auctions on the blockchain.
With the continued growth of the e-sports scene in mainstream channels and projections of reaching $1.9 billion by 2022, Polygon is also targeting this sector. It has partnered with tournament platform Esports Community Gaming, a recent recipient of a $2.3 million fundraising round.
The integration with the leading blockchain-based e-sports platform allows players to instantly create tournaments for fractions of a penny. At the same time, it greatly increases its popularity by facilitating near-instant payouts to tournament winners.
Furthermore, Polygon hosted the first tournament for Axie Infinity, which established the play-to-earn model as a legitimate revenue stream in countries like the Philippines.
About ProBit Global
ProBit Global is a cryptocurrency exchange, ranked in the top 20 in the world. It caters to cryptocurrency enthusiasts with unlimited access to trade and buy Bitcoin, Ethereum and over 600 altcoins in over 1000 markets.
PROBIT GLOBAL IS A BRAND TRUSTED BY MILLIONS OF USERS
- More than 200,000 community members
- More than 1,000,000 monthly active users
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- 50 000 000 users on partner aggregators and wallets such as CoinMarketCap
- Multilingual website user interface supporting 41 different languages
- Marketing and social media support in 8 key languages
Join our active programs and get great benefits!
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