Altcoins

Polygon Ignite is coming to Amsterdam

The world of blockchain is evolving at an unfathomable scale, and this growth is evident from various events being organized every day in different parts of the world. From global conferences to more targeted events, there have been several exciting meetups in the past few years. 

Polygon Network, one of the fastest and lowest gas fees blockchain networks, has also been proactive in holding different events. Polygon Network is the leading platform for Ethereum scaling and infrastructure development that offers developers easy access to major infrastructure and scaling solutions. 

Polygon Ignite is holding a conference in Amsterdam on April 22nd, Friday with a targeted approach of educating the attendees about the development ongoing in Polygon Network. The team from Polygon will discuss the ins and outs of the Polygon Network in the following agenda. 

Agenda for Polygon Ignite

  • 14:45-15:00 Welcome Remarks: Who Are We
  • Speaker: Anurag Arjun, Co-Founder, Polygon
  • 15:00-15:30 Discover Polygon’s Emerging Tech
  • Speaker: Mihailo Bjelic, Co-Founder, Polygon
  • 15:30-16:00 First Look at New Product: Exclusive Demo
  • Speaker: Lazar Travica, Development Lead, Polygon Edge
  • 16:00-16:20 Polygon’s Emerging Tech: Case Studies
  • Video Presentation
  • 16:20-16.30 Rap with Rahat
  • Speaker: Rahat Chowdhury, Developer Advocate, Polygon
  • 16:30-17:10 Polygon ID: Presentation and Demo
  • Speaker: Silvia Aran, Identity Project Manager, Polygon ID
  • 17:10-17:30 Market Risk in Lending Protocols
  • Speaker: Amit Chaudhary, Head of DeFi Research, Polygon
  • 17:30- 18:00 Engaging with the Polygon Developer Community
  • Speakers: Dalip Tyagi, Senior Vice President and Head of Developer Relations, Polygon; Marco Grendel, Dao Lead, Polygon

This excellent lineup of speakers will engage with the audience in an immersive discussion about Polygon’s approach and the future avenues the blockchain network is targeting. This conference is an excellent chance for all blockchain enthusiasts and Ethereum/Polygon developers to connect with the leaders of the industry. 

You can register for the Polygon Ignite event in Amsterdam at Eventbrite

Layer 2 Scaling Solution Polygon Partners with Cere Network to Launch DaVinci

The development of Web 3 based applications and their adoption has skyrocketed in the last few years, with more and more projects optimizing their services for the new generation of the internet. The popular Layer 2 scaling solution Polygon has also joined the hype by partnering with Cere Network to launch DaVinci. DaVinci is a Web3 media platform that offers perks from subscription NFTs and exhibitions from creators in the virtual and real world. 

Cere Network is a decentralized data cloud platform that is the world’s first blockchain-based storage solution. On the other hand, Polygon is a popular Layer 2 scaling solution utilized by a variety of projects to launch their tokens and services. Together, Polygon and Cere Network have developed DaVinci with the aim to store non-fungible token-backed assets more securely while ensuring verifiable and decentralized data. 

DaVinci – A Web3 Media Platform

DaVinci is a content monetization platform powered by NFTs and facilitates decentralized data transfers and NFT value transfers. The platform is powered by Cere’s decentralized data cloud that helps it to enable personalized content streaming for NFT holders using smart contracts. DaVinci also leverages Cere Freeport, the NFT mining platform developed on Polygon Network, to sell and mint functional NFTs paired with exclusive content. 

The co-founder of Polygon Network, Sandeep Nailwal, had some interesting thoughts about DaVince. 

“There is so much more that artists and fans are able to accomplish and access through DaVinci that realizes more of the potential of blockchain to the mainstream consumers. Artists and brands get more revenue from their unique content, while fans get better experiences and secure delivery of their assets.”

According to the press release, DaVinci will have several benefits and will offer the creators a share of the royalties from any sale and a guarantee of continuous delivery of exclusive content. Moreover, creators can also access detailed audience research and analytics tools to curate their content to NFT holders and fans. 

DaVinci will be a revolutionary addition in the NFT and Web3 space and will help creators and users to engage in a more personalized and rewarding way. 

Cryption Network, a boon for the crypto ecosystem!

Decentralized finance has now integrated with the traditional financial system and provides even better functionalities than before. 

However, regardless of the advancements, the crypto ecosystem still suffers from certain pain points such as Price Volatility, Complex User Interfaces, and Scalability. Luckily for us, various platforms are working on a way to solve these problems by building on DeFi and Blockchain Network. One of the platforms that stand out from the rest is Cryption Network that has seen a sudden growth in popularity. 

Cryption Network, The Solution

Cryption Network’s primary goal is to boost crypto adoption by bringing retail investors into the mix. The company uses a set of features and products that helps it tackle the problems of the crypto ecosystem. 

Their biggest USP is low gas fees and integration with Polygon Network that fastens the transaction verification while maintaining low transaction fees. The company has several products to offer, such as:

  • PolyDEX L2 Swap is an AMM DeFi exchange that offers elastic yield farming.
  • Elastic Farming is the concept of adjusting farm token according to a formula to control their supply. 
  • Seer is a prediction market with a Layer 2 solution that helps in efficient reading and predicting the market. 
  • Cryption App acts as a dApp browser for Ethereum and Polygon network and a wallet. This app will help in crypto adoption by bringing non-crypto users to dApps.
  • Non-Custodial Portfolio Management helps fund managers to create portfolios and trade on swap cafe. 
  • Ether Rush is an on-off ramp that uses innovative algorithms to determine the prices of an asset. 
  • DeFi Stack helps blockchain projects in token allocation and is a highly customizable product. 
  • NFTs Cryption will create membership tokens in the form of NFTs to give special privileges to the members. 

Cryption Network has been making a lot of waves in the crypto ecosystem because of its impressive suite of products. The company has robust backing from the lead investors such as CMS Holdings and Master Ventures. 

Recently the company crossed its 2000 followers mark on Twitter which only indicates the capabilities of the platform and its bright future. 

Matic: Key features and value proposition

When we talk about cryptocurrencies in general, over the last few years people have been discussing it a lot, but are still afraid to invest in it. In this entire universe of Blockchain, the concept of smart contract platforms also has gained grounds but when it comes to adoption, the rate has been slower than usual. Ethereum which is the most popular smart contracts platform has not seen its passage full of Dapps especially when it is extremely popular. 

Matic network has been one of the biggest contributors in the Ethereum ecosystem that has made a significant contribution towards the implementation of Plasma MVP or the Minimum Viable Plasma. It is a layer 2 scaling solution that achieves scalability by making use of side chains mainly for off-chain calculation. In this process, it does not jeopardize asset security because it utilizes the plasma framework along with a decentralized framework of PoS or proof of stake validators. Matic is known to have launched its foremost testnet in September. It already has an advanced pre-mainnet version of the network in its system already. It is also expected to launch the plasma wallet to communicate with Dapps and different services in order to support different services as it comes with native Walletconnect support. 

Key features and highlights

Its whole sole mission is to create a plasma-laden Layer 2 scaling solution that will enable throughout which has the potential to meet the transaction demand to bring a surge in the volume adoption of dApps. Some of its highlights and features are

  • Matic supports rapid and safe transactions on its side chains with finality registered on mainchain and Ethereum as the Layer1 base chain. That makes it scalable and cost-effective.
  • Seamless User Experience and developer cogitation from the mainchain to Matic chain and SDK 
  • It has already achieved 7000 throughputs on a single sidechain on its internet testnet. 
  • It offers well-guided security as the chain operators on the Matic network have themselves taken a stake in the PoS system and process.

 

What it offers

Matic has always been admired for its work on individual use cases as well as the technical support it provides on Layer2. It is a layer 2 of an account-based variant of More Viable Plasma which is a sure-shot cushion to assure the security of the assets on the main chain like ERC-20 & ERC-721 for Ethereum. Even the most universal and blanket transactions are well-supported with its Proof-of-Stake network which is built on Tendermint. The side chains are EMV-enabled and support the instant deployment of smart contracts. This makes it convenient for Ethereum developers to use it for scaling the purpose of their dApps and protocols.

For Decentralized finance protocols on the Ethereum ecosystem, Matic side chains are innately very sturdy as its structure is robust and capable of supporting them. It also helps Dapps enhance user experience which is usually in the case of centralized apps only. The Matic Network supports Ethereum as its first base chain but over the years of its flourishing community activity, it has been suggested to enable interoperable Layer2 decentralized blockchain platform. 

The Matic team

The team comprises 12 teammates out of which 3 are technical co-founders, 2 of which are marketing strategists or consultants, one is a product manager and there are 6 developers. CEO of the Matic network Mr. Jayant Kanani with Mr. Sandeep Nailwal and Anurag Arjun as the co-founders.

 

Image Source – Coinpedia