POLYGON

Why I'm bullish on MATIC.

By truskawek | Crypto activities | 19 Oct 2021


Imagine you want to send some small amount of crypto - let's say 5$. Because of eth gas fee, you might be charged more than you want to send. Quite unfortunate, I'd say.

fees

Now imagine you're going to pay as little as 0,001 USD. Yes, you read it right $0,001! It's possible with MATIC which is the native cryptocurrency of the Polygon network.

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Of course almost 0 fees aren't everything that Polygon network has to offer. If you want to find out more, just google it since I don't want to focus on basics here. Today I want to explain why, in my opinion, it might sky-rocket very soon.

Recently Polygon announced that they're gonna have partnership with Draft Kings - digital sports entertainment and gaming company (which is worth 20 mln USD!). As we can read on their blog, they want to “accelerate the adoption of NFTs and Web3. DraftKings will leverage its expertise in digital sports to introduce a whole new audience to NFTs.”

DraftKings has its marketplace:

https://marketplace.draftkings.com

which is already built on Polygon and offers digital collectibles platform for mainstream accessibility that enables NFT airdrops as well as secondary transactions. It's definitely worth checking out.

And that's not all.

You might have already heard about new Coinbase NFT platform. And they'll probably be using Polygon on its marketplace.

As we can read here:  Coindesk post

Coinbase wants to use Polygon for scaling their functionalities.

Mentioned that they want to use Polygon as the first scaling solution for Deposits and Withdrawls, which I find really amazing because of super-low fees.

Polygon is funded by Coinbase ventures since the beggining.

The lead Coinbase wallet developer - Mr Pete J Kim, is on the Polygon advisory board

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Believe it or not, MATIC is going to be HUUUGE.
Having in mind all these new projects that the Polygon team is working on , I'm more than bullish on MATIC. 

 

Right now it's $1,48. Hope we will see $2 soon :)

 

How about you? Do you already have some MATIC in your wallet?

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