Polygon
Biography

Polygon

Polygon is a decentralized Ethereum scaling and infrastructure development platform that enables developers to build user-friendly dApps with low transaction fees and high security. Polygon can be used to generate Optimistic Rollup chains, ZK Rollup chains, stand-alone chains, and any other type of structure that the developer requires. Polygon combines the benefits of Ethereum and sovereign blockchains into a full-fledged multi-chain system. Polygon can fully benefit from Ethereum’s network effects, while being more secure,  open and powerful. Polygon was initially founded in 2017 as MATIC and then rebranded to Polygon in February 2021. The native token used on Polygon is MATIC. In May 2021, Mark Cuban invested in Polygon valuing the company at a $10 Billion market cap. Polygon currently has has 7000+ dApps, 130 million unique users, and over 3.4Billion transactions. Polygon is headquartered in Bangalore, India and, has ~250 total employees.