Polygon (MATIC)** is a project that has gained popularity especially in recent years. Polygon is a layer 2 solution that provides scalability and infrastructure improvements on the Ethereum network. This aims to reduce transaction costs while increasing transaction speeds on Ethereum.

### Brief Information About Polygon (MATIC)

Polygon was previously known as Matic Network and was founded in 2017. The project aims to solve Ethereum's scalability problems. For this purpose, fast and low-cost transactions can be made on the Polygon network. Polygon maintains full compatibility with Ethereum by offering sidechain and various scalability solutions.

### Famous Investors and Supporters Behind

Polygon is backed by many famous investors and funds. The most notable supporters include:

- **Mark Cuban:** Billionaire entrepreneur and investor Mark Cuban announced that he invested in Polygon in 2021. Cuban is an influential figure in the cryptocurrency world and has made clear his belief in Polygon's potential.

- **Coinbase Ventures:** The investment arm of Coinbase, one of the world's largest cryptocurrency exchanges, is an early stage backer of Polygon. This provided significant credibility and capital to the project.

- **Binance Labs:** Binance Labs, the investment and incubation arm of Binance, invested in Polygon at an early stage. Binance has played an important role in the development and expansion of Polygon.

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