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Polygon Network To Go Deep Into PFP And Art In 2023

December 27, 2022 - Around 2 mins mins to read

Key Points:

  • Polygon Studios CEO Ryan Wyatt announced that Polygon Network will go big into PFP and art in 2023.
  • Polygon expanded marketplace and wallet integrations in 2022 with partnerships across OpenSea, Magic Eden, Coinbase, Robinhood and Phantom, as well as went big into gaming, DeFi and music.
  • This year, the Polygon accomplished something that no other protocol had before: it sparked widespread Web3 adoption.
Ryan Wyatt, CEO of Polygon Studios, declared that Polygon Network will invest heavily in PFP and art in 2023
Polygon Network To Go Deep Into PFP And Art In 2023

According to Ryan Wyatt, Polygon also made significant investments in gaming, DeFi, and music, in addition to expanding its marketplace and wallet integrations in 2022 through partnerships with OpenSea, Magic Eden, Coinbase, Robinhood, and Phantom.

https://twitter.com/Fwiz/status/1607721973785980928

When the Ethereum mainnet became overburdened due to the demand for NFTs and DeFi, the Polygon Network was created as a free scaling option. Since that time, the Polygon companies team has been working to create a set of technologies to handle the ensuing issues. This year, many of those efforts were successful.

This year, the Polygon Network accomplished something that no other protocol had before: it sparked widespread Web3 adoption. To expand on Polygon, the team at the Polygon companies formed alliances with some of the greatest businesses in the world. Adobe, Disney, Meta, NFL, NuBank, Reddit, Robinhood, and Starbucks are among the companies on that list.

Polygon Network To Go Deep Into PFP And Art In 2023

Polygon’s breakthrough year was 2022. Some of the largest Fortune 500 corporations were lured to Web3 by Polygon, which also set the technical groundwork for future development. Over the following year, that trajectory won’t change.

As Coincu reported, in the closing weeks of 2022, Polygon Network broke a record for user activity using a layer 2 scaling method. Despite the challenging market conditions seen throughout the year, Polygon has managed to generate 200 million unique addresses in total as of December 25, according to Polygonscan.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

Coincu News

Art

PFP

Polygon Network

Ryan Wyatt

Web3

Avatar of Harold

Author

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
Blockchain

Polygon Network To Go Deep Into PFP And Art In 2023

Key Points:

  • Polygon Studios CEO Ryan Wyatt announced that Polygon Network will go big into PFP and art in 2023.
  • Polygon expanded marketplace and wallet integrations in 2022 with partnerships across OpenSea, Magic Eden, Coinbase, Robinhood and Phantom, as well as went big into gaming, DeFi and music.
  • This year, the Polygon accomplished something that no other protocol had before: it sparked widespread Web3 adoption.
Ryan Wyatt, CEO of Polygon Studios, declared that Polygon Network will invest heavily in PFP and art in 2023
Polygon Network To Go Deep Into PFP And Art In 2023

According to Ryan Wyatt, Polygon also made significant investments in gaming, DeFi, and music, in addition to expanding its marketplace and wallet integrations in 2022 through partnerships with OpenSea, Magic Eden, Coinbase, Robinhood, and Phantom.

https://twitter.com/Fwiz/status/1607721973785980928

When the Ethereum mainnet became overburdened due to the demand for NFTs and DeFi, the Polygon Network was created as a free scaling option. Since that time, the Polygon companies team has been working to create a set of technologies to handle the ensuing issues. This year, many of those efforts were successful.

This year, the Polygon Network accomplished something that no other protocol had before: it sparked widespread Web3 adoption. To expand on Polygon, the team at the Polygon companies formed alliances with some of the greatest businesses in the world. Adobe, Disney, Meta, NFL, NuBank, Reddit, Robinhood, and Starbucks are among the companies on that list.

Polygon Network To Go Deep Into PFP And Art In 2023

Polygon’s breakthrough year was 2022. Some of the largest Fortune 500 corporations were lured to Web3 by Polygon, which also set the technical groundwork for future development. Over the following year, that trajectory won’t change.

As Coincu reported, in the closing weeks of 2022, Polygon Network broke a record for user activity using a layer 2 scaling method. Despite the challenging market conditions seen throughout the year, Polygon has managed to generate 200 million unique addresses in total as of December 25, according to Polygonscan.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

Coincu News

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