Amid a contagion-fueled crypto winter that has sent a chill through VC firms, coin holders, and NFT collectors alike, one project above all has made undeniable strides towards onboarding the masses and having the infrastructure to support them: Polygon, Decrypt’s pick for crypto project of the year.
In 2022, Polygon’s perception evolved from one of many Ethereum scaling networks into a platform favored by major household brands and companies looking to harness Web3 tech, powering everything from customer loyalty programs to web and metaverse identity. And it made progress in its plans to support that growth through zero-knowledge proof scaling technology.
Over the past several months, despite crumbling confidence in the crypto space due to the collapse of Terra and more recently FTX, Polygon has attracted a wide array of massive, well-established brands that are building applications atop the Ethereum scaler.
Starbucks, Instagram, Reddit choose Polygon
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