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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.
Amid the recent correction trend in the crypto market, the Polygon price rally witnessed a notable downturn from the $1.28 resistance. This bearish reversal tumbled the coin's market value by 18% to reach the current trading price of $1.06.
Polygon (MATIC) price is among the first few altcoins to officially note a downtrend, and at the rate at which MATIC is falling, losing $1 may not be far from happening.
In the midst of market fluctuations, Kaspa (KAS) and Polygon (MATIC) experience a temporary dip, signaling a brief pause in their upward trajectories. However, amidst this volatility, Furrever Token (FURR) stands out as a beacon of strength, advancing steadfastly through its fourth stage of presale with unwavering momentum.
In a significant strategic shift, the Canto blockchain has decided to remain within the Cosmos ecosystem as a Layer 1 (L1) network, diverging from its earlier plans to transition towards the Ethereum ecosystem through a collaboration with Polygon.
One such asset that has recently captured the attention of analysts and traders alike is Polygon (MATIC), a blockchain scaling solution striving to enhance interoperability and scalability for decentralized applications (dApps). According to cryptocurrency analyst Rekt Capital, MATIC exhibits promising signs that could lead to significant gains in the near future.
The Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain.
The cryptocurrency market has displayed a significant correction of 6.50% in its valuation within the past 24 hours, making it the biggest correction in the industry over the past few weeks. Further, the market leader, Bitcoin, has displayed a loss of approximately 7% within the past day.
Recently, there's been a noticeable stagnation in the growth of active addresses using MATIC, unlike the steady increase observed just a few weeks earlier. Whales have steadily reduced their MATIC holdings in the last two weeks, contributing to potential market volatility.
