We are now partners of Polygon, the leading platform for Ethereum scaling and infrastructure development built by developers, for developers!
Polygon’s main vision is a world where Web3 is for everybody. The scaling platform’s core goal is to enable developers from all over the world to build scalable user-friendly dApps with low transaction fees and without ever having to sacrifice on security. Our team shares this goal as solving the issue of high gas fees will surely propel mass adoption to a quicker pace.
Polygon is committed to fostering the growth of Web3 applications by providing the needed infrastructure.
“Web3 builds on the early Internet’s open-source ideals, enabling users to create the value, control the network and reap the rewards. Ethereum, scaled by Polygon, will be the bedrock of this next stage in the Web’s evolution,” says Polygon co-founder Sandeep Nailwal.
Let’s dive a little deeper, so you can get a better understanding of this company and why what they do matters. Polygon is built on Ethereum, the most secure and battle-tested programmable blockchain in the world. The Layer-2 framework combines a number of sovereign blockchains into a full-fledged multi-chain system. It is able to fully benefit from Ethereum’s network effects as it is an integral part of its, rather than a competing one assembled from scratch. This makes Polygon extremely scalable and powerful, primarily in terms of the architecture types that it can support.
All these points and benefits have been thoroughly proven and battle-tested as now more than 7000 dApps have used Polygon’s technology to scale their performance!
Just last month, Polygon announced that they’ve raised $450 million through a private sale of their native MATIC token in a funding round led by Sequoia Capital India. With participation from SoftBank Vision Fund 2, Galaxy Digital, Galaxy Interactive, Tiger Global, Republic Capital, and more, this has been a major step in their ambitious journey towards making Ethereum accessible for all.
At Fragmint, our goal is to provide a unique way of conceptualizing, minting, and auctioning NFTs. By combining fragmentation processes and DAO structures we aim to inspire new forms of modular art on the blockchain, all with the help of the $FRAG and this strategic joint venture is a key step in the roadmap of successfully transforming the $FRAG into a multi-chain token.
We strongly believe in Polygon’s innovative approach, are thrilled to be partnering with them and being a part of this next stage in the evolution of blockchain-based economies!
Join our community channels for more updates about the $FRAG token and the development of the project.
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 7000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, get started here.
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