TL;DR
Polygon has an enormous ol’ chunk of change ($85M USD to be precise) 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 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 12 months to be the default search engine on the iPhone?
(Wild, proper?)
However it is sensible! They personal the Android working system, so the one solution to penetrate the remainder of the cell market is by paying Apple.
(And it is a technique that works – the Google Advertisements platform made a tidy $224B in 2022 alone).
The workforce at Polygon are following the same 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 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 convey their concepts into actuality.
This is why this can be a huge brained transfer:
You know the way we have been speaking spot Bitcoin ETF rumors within the final article – and the way it would not actually matter if its true or not – it might probably/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 good better impact on crypto costs.
So by funding initiatives now, Polygon can count on a spread of updates and milestones to be hit within the subsequent 1-2 years (aka mid bull run).
Sensible!
