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