Polygon’s $85M, Big Brained Idea

TL;DR

Polygon has a giant ol’ chunk of change ($85M USD to be actual) put aside for builders that wish to construct decentralized finance merchandise, video games, or social platforms on high of the Polygon blockchain.

By funding initiatives now, Polygon can anticipate a variety of updates and milestones to be hit within the subsequent 1-2 years (aka mid bull run).

Full Story

Do you know Google pays Apple between $18B-$20B per 12 months to be the default search engine on the iPhone?

(Wild, proper?)

Nevertheless it is sensible! They personal the Android working system, so the one approach to penetrate the remainder of the cellular market is by paying Apple.

(And it is a technique that works – the Google Advertisements platform made a tidy $224B in 2022 alone).

The crew at Polygon are following an analogous technique to develop customers on its chain.

Polygon has a giant ol’ chunk of change ($85M USD to be actual) put aside for builders that wish to construct decentralized finance merchandise, video games, or social platforms on high of the Polygon blockchain.

Particular person initiatives can get direct grants of as much as $1.55M to carry their concepts into actuality.

This is why it is a large brained transfer:

You know the way we had been speaking spot Bitcoin ETF rumors within the final article – and the way it does not actually matter if its true or not – it may possibly/will nonetheless have an effect on the worth?

This is not only a Bitcoin factor.

And in a bull run, the information cycle has a good higher impact on crypto costs.

So by funding initiatives now, Polygon can anticipate a variety of updates and milestones to be hit within the subsequent 1-2 years (aka mid bull run).

Sensible!