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 need to construct decentralized finance merchandise, video games, or social platforms on prime 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 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 approach 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 crew at Polygon are following an identical 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 need to construct decentralized finance merchandise, video games, or social platforms on prime of the Polygon blockchain.

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

Here is why this can be a large brained transfer:

You know the way we have 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 well/will nonetheless have an effect on the value?

This is not only a Bitcoin factor.

And in a bull run, the information cycle has a fair better 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!