Polygon (MATIC) $MATIC

Polygon (formerly known as Matic Network) provides a more scalable and interoperable infrastructure for building decentralized applications (dApps). 

It is designed as a “layer two” to the #Ethereum network, allowing developers to build and deploy #Ethereum -compatible dApps on the Polygon network.

#Polygon is seeing great adoption by many projects due to its low cost structure. While the business case of Polygon is in theory easy to copy, they managed to establish a great network effect resulting in steady growth.

Polygon is a “layer two” protocol enabling Ethereum dApps on the Polygon network

Market Capitalization: High

Trading Volume: High

Liquidity: High

Use Case/Adoption: Great (with the simple use case of offering a cheaper alternative to Ethereum, Polygon is seeing great adoption)

Tokenomics: Great (part of the fee token get burned, resulting in a deflationary asset)

Development Team: Great

Community Support: Great

Security & Transparency: Great (over 100 independent nodes)

Performance: Great

Do you hodl #MATIC ?

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By: #cr7ypto