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Polygon's Napoli hard fork, incorporating the RIP-7212 upgrade, marks a significant advancement in interoperability with mainstream tech by introducing support for the elliptic curve digital signature algorithm commonly used across the internet.
Following a surge to $1.29 fueled by enthusiasm over the Ethereum London upgrade and increased inflows to Bitcoin ETFs, MATIC has experienced a notable retreat, dipping below the $1 mark for the first time in two weeks. This abrupt reversal has prompted speculation among traders and analysts, with questions arising about whether this is merely a temporary correction or the beginning of a more sustained downturn.
Polygon Labs joins hands with King River Capital and Immutable on $100 million Web3 gaming fund.
The genesis of this audacious endeavor stems from the visionary minds at Immutable, Polygon, and the esteemed venture capital firm, King River Capital, in tandem with the innovative Polygon Labs. The fund, touted as “ecosystem-agnostic,” boasts an impressive roster of support from a myriad of stakeholders.
The cryptocurrency market is buzzing with excitement over the arrival of a new player, Option2Trade (O2T), which is making headlines with its ambitious projection of achieving 1000x returns before Polygon (MATIC) reaches its much-anticipated $3 valuation.
Cryptocurrency analyst Ali Martinez believes that Polygon's (MATIC) recent 21.57% price drop over the last week might be nearing its conclusion. Martinez, speaking through platform X, noted that the Tom DeMark (TD) Sequential indicator has issued a buy signal for MATIC.
The “Inevitable Games Fund,” launched as a result of the partnership between the three companies, has a $100 million budget to invest in Web3 gaming startups.
Polygon's partnership with Starbucks was part of its growth strategy, aiming to secure high-profile collaborations with leading consumer brands worldwide.
Despite Polygon's MATIC token facing price turbulence and falling below the key $1 level, the network continues to make significant strides in its ecosystem development, most notably with the beginning of the native USDC migration on Polygon PoS
Immutable, a blockchain game publisher, has teamed up with King River Capital and Polygon Labs to create a $100 million gaming fund. Immutable Launches $100 Million Inevitable Games Fund in Collaboration with King River Capital and Polygon Labs Immutable, a blockchain game publisher, has launched a $100 million fund called the Inevitable Games Fund IGF for short.
Immutable, Polygon Labs, and VC firm King River Capital have joined forces to launch a $100 million blockchain gaming investment fund called the Inevitable Games Fund.
Binance has unveiled its proactive stance in supporting the imminent network upgrades and hard forks of Polygon (MATIC) and Cosmos (ATOM). Set to unfold on March 20, 2024, these upgrades signify a significant milestone for both networks, and Binance's commitment to facilitating a seamless transition underscores its dedication to user-centric innovation in the realm of digital assets.
In a groundbreaking move within the blockchain gaming industry, Immutable and Polygon have jointly announced the launch of a $100 million fund to support blockchain games. This initiative, known as the “Inevitable Games Fund” (IGF), marks a significant step forward in developing and promoting games native to their blockchains.
Immutable, a blockchain development company, and Polygon Labs, known for its significant contributions to the blockchain infrastructure, have announced a partnership to establish a $100 million fund dedicated to Web3 gaming. This partnership is intended to spur the development of early-stage gaming startups in the blockchain space, thus ensuring impressive growth in the emerging sector.
Polygon's MATIC falls below the key psychological $1 price point.
Libre, a tokenization protocol backed by several big institutional players and powered by Polygon's CDK, goes live.
Immutable, Polygon Labs and King River Capital have joined hands to raise $100 million for a new web3 gaming fund.
Immutable and Polygon have teamed up to find blockchain games for their new $100 million fund to bankroll, starting with seven games native to their blockchains.
Immutable and Polygon Labs will identify investment opportunities while King River will manage the investment process and deploy the capital across game studios and web3 infrastructure firms.
King River Capital, Immutable and Polygon Labs have partnered to launch the Inevitable Games Fund (IGF), which aims to bring additional resources into the Web3 gaming space.
Companies usually pay their tech vendors for services rendered. For Starbucks' soon-to-be-defunct foray into crypto on the Polygon network, it was the other way around.
Ethereum scaling solution Polygon has marked a major milestone as the first phase of native USDC migration on Polygon PoS is now underway. Native USDC means minting and redeeming directly from Polygon PoS, promising better capital efficiency and a better user experience.
Libre, the institutional Web3 infrastructure platform, has officially launched on-chain, enabling the tokenization of alternative assets following its successful cross-chain transaction on Polygon, according to a March 19 statement shared with CyptoSlate. Libre is a collaborative effort between WebN, a web3 incubator hub, and Japan-based investment bank Nomura's digital asset subsidiary, Laser Digital.
As investors eagerly anticipate the future of Polygon, price predictions offer valuable insights into potential growth trajectories. According to forecasts, Polygon's price is expected to experience significant fluctuations over the coming years.
