Polygon Sets Up $100 Million Fund For NFT Gaming Projects

Polygon Sets Up $100 Million Fund For NFT Gaming Projects

Polygon has launched a subdivision called Polygon Studios, and has set up a $100 million fund for NFT gaming projects. Polygon Launches Subdivision With The Aim To Grow NFT Gaming Originally created with the aim of providing a framework for building and connecting Ethereum networks, the Polygon platform has spread its ecosystem wide. Now, Polygon […]

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Polygon launches blockchain gaming and NFT studio

Through Polygon Studios, Polygon is attempting to corner two key segments of the blockchain industry: gaming and nonfungible tokens. Ethereum (ETH) infrastructure developer Polygon has spun off a new subsidiary to advance its work in blockchain gaming and nonfungible tokens, or NFTs, offering further insight into the company’s long-term growth strategy.The newly formed Polygon Studios has three core objectives: establish Polygon’s position as the leader in decentralized gaming; create a brand that attracts developers and investors to its NFT ecosystem; and position Polygon as the best....

Polygon and AU21 Capital unveil $21M fund to support Polygon developers

The joint venture fund is intended to provide funding, developmental support and exchange listings to up-and-coming Polygon ecosystem projects. Polygon ecosystem is getting a major funding boost thanks to a new joint venture fund with blockchain venture capitalist AU21 Capital, setting the stage for wider adoption of the Ethereum-compatible infrastructure platform. The $21 million Polygon Ecosystem Fund announced Wednesday is designed to provide direct funding support for promising projects building on top of Polygon. The fund will offer business development and marketing support, as well....

Polygon Network Raises $100 Million to Support Growing DeFi Adoption

Ethereum scaling project Polygon recently launched a fund aimed towards making decentralized finance (DeFi) more accessible to end-users. Dubbed “#DeFiforAll”, the fund will look to integrate users to decentralized products and platforms. The funding, which will be facilitated through Matic coins, will come from the Polygon’s network and be deployed over the next several years.  […]

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Polygon committing $10M to reach 1M users using 0x API

The project said it anticipated “an influx of new DeFi projects onboarding into the 0x ecosystem." The network onboarding a large number of decentralized applications aims to hit one million users through 0x’s decentralized exchange liquidity aggregator API.In an announcement today, Polygon said its project would be committing $10.5 million towards securing decentralized finance infrastructure on its network through the support of developers and projects. The project said it anticipated “an influx of new DeFi projects onboarding into the 0x ecosystem” with initial support offered for....