Muse to Release Next Album on Polygon-based NFT Platform Serenade

Muse will launch its latest album, "Will of the People," as a limited-edition NFT on Polygon-powered platform Serenade on August 26. The world-famous British rock band will establish a premiere in the UK and Australian charts by releasing the first-ever, entirely NFT music album. Moreover, the release will only feature 1,000 copies available globally at £20 (around $24.50) apiece. In return for their money, fans will get the band's ninth studio album as a downloadable, high-res FLAC version. Each copy…

Polygon Launches ZK Rollup Testnet to Scale Ethereum

Polygon – a top platform for Ethereum scaling and infrastructure – has announced the launch of Polygon zkEVM. The program will allow Ethereum to scale to global use such that transactions can be settled instantly and nearly for free. . The Holy Grail of Scaling In an interview with CoinDesk, Polygon co-founder Mihailo Bjelic described zkEVM as the “holy grail” and “missing component” concerning Ethereum’s mass adoption. It combines three critical features: Ethereum compatibility, security, and scalability. The first feature…

Reddit Kicks Off “NFT” Sales on Polygon

Reddit announced it has jumped into the NFT space with the release of a series of “collectible avatars” on the polygon blockchain network. Although the word “NFT” did not appear anywhere in Reddit’s announcement, its new collectible avatars share many similarities with non-fungible tokens.  Users can Showcase Tokens as Profile Pictures According to its official release, Reddit will launch the virtual avatars in conjunction with Ethereum’s layer-2 Polygon protocol. Working with independent designers, the Reddit team pulled together a collection…

Opera Browser Integrates Solana, Polygon and Others for Users

Following the integration of some major blockchain ecosystems, active Opera users will now benefit from blockchain services and decentralized apps (dApps). Opera revealed earlier today that its Web3 browser will now support eight blockchain ecosystems. Solana, Polygon, StarkEx, and Bitcoin are among these ecosystems, as are IXO, Ronin, Nervos, and Celo. This innovation will also provide its consumers with easy access to blockchains and decentralized app solutions. The company touts Opera Crypto Browser as the world's first Web3 browser, with…

Solana vs. Polygon vs. AVAX vs. Algorand

Blockchain-based cryptocurrencies and protocols have had a significant environmental impact. But the efforts to minimize crypto’s carbon footprint will take some time. Still, the good news is that over 4,500 token options exist for investors. Also, they have sustainable and long-term growth potential. In 2022, blockchain cryptocurrencies have made it easier for individuals to perform secure financial transactions. The idea of no intrusiveness from third parties like a bank, court, or monetary authority appeals to users. It is no wonder…

Polygon’s Active Addresses Overtake ETH Amid Crypto Gaming Mania

As per Coinmarketcap, the number of active users on the Polygon blockchain has officially overtaken ETH, according to their analysis on 3rd OCT. The site also added that the skyrocketing number of users is due to the upcoming mobile game Arc8. Polygon Active Addresses Skyrockets As per the Polygon scan, 531,831 addresses were using the polygon blockchain on Oct 3, 2021. Comparatively, the ETH network was serving about 472,079 active users on the same date. While the numbers of users…

Financial Firm EY Chooses Polygon to Scale Its Blockchain Products on Ethereum

Accounting firm Ernst & Young (EY) just announced that it would be using the Polygon protocol to implement its blockchain solutions on the Ethereum ecosystem. The firm said the new development would enable a future transition to less risky and more efficient public networks.  According to a recent press release, EY will adopt Polygon’s chain scaling solutions to uplift transaction volumes. This union will allow more predictable costs and settlements for business customers. The firm also disclosed it is engaging with Polygon blockchain scaling…

The Beginner Guide to Polygon (MATIC)

This article aims to give you a beginner's guide to Polygon. By the end of this article, you will have a better understanding of the following: What Polygon is? What Polygon offers?  The solutions Polygon offers to common blockchain problems.  You will also understand how to buy Polygon Matic tokens. Polygon In a Nutshell The idea for Polygon originated from the original Matic network, which acted as an effective scaling solution. Polygon (Matic) network is a highly secured Ethereum-based layer…

A Look at Why Polygon is Defying Bearish Market, Keeps Soaring

Even as cryptocurrencies with larger market caps continue to tumble,  MATIC (Polygon) Ethereum's multichain scalability platform has skyrocketed. In a seven-day trailing period, it has grown by nearly 145%. The platform's surge is taking place in the backdrop of a resurgence of the Defi sector. By midnight on Monday, the coin had attained a record high of $2.14. MATIC Gains Over BTC and ETH At the time of going to press, Polygon's token was trading at $2.04. The price represented…