Polygon’s $85M, Big Brained Idea

TL;DR

• Polygon has an enormous ol’ chunk of change ($85M USD to be precise) put aside for builders that wish to construct decentralized finance merchandise, video games, or social platforms on prime of the Polygon blockchain.

• By funding tasks now, Polygon can count on a spread 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 yr to be the default search engine on the iPhone?

(Wild, proper?)

However it is sensible! They personal the Android working system, so the one option to penetrate the remainder of the cell market is by paying Apple.

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

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

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

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

This is why it is a huge 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 will 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 fair higher impact on crypto costs.

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

Good!