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Polygon reports that as per its April study, over 19,000 applications are running on polygon (up from about 7,000 in January). In addition, it provides the average monthly number of transactions and a cumulative number of contract creators as over 90 million and 153,000, respectively.
6/ Last but not least, #Polygon is building infrastructure for a modular, Ethereum-secured ecosystem.
The team has spent 2022 so far laying the groundwork for use cases that haven’t yet been envisioned.
The result?
Polygon ID, Avail, Nightfall, Edge, Supernets, & #zkEVM.
— Polygon – MATIC 💜 (@0xPolygon) July 27, 2022
Since last December, pPolygon has contributed $1 million to support public goods on GitCoin, including $100,000 for the most recent financing round. The entire amount of money that polygon spent on hackathon prizes and Gitcoin obligations was also said to be $2 million.
It also asserts that its $1 billion gamble on zk-rollups last year has been realised with the release of zkEVM. In the first half of 2022, other projects such as Polygon Avail, Polygon Nightfall, Polygon ID, Polygon Supernets, and Polygon Edge came to the forefront.
In the first half of 2022, Polygon ID was presented, a self-sovereign identification solution driven by zero-knowledge cryptography with enormous potential for DAO governance. The most current is Polygon zkEVM, an open-source zk-Rollup that provides full EVM compatibility for the Ethereum user experience. Polygon also boasts important agreements with many big Web2 and Web3 projects, saying that Meta, Flipkart, the NFL, eBay, and others would develop on Polygons.
Polygon’s H2 2022 focus
The Layer 2 scaling platform asserts that it has ambitious plans for the remainder of 2022, focusing on products, events, and accelerators. Its goal is to integrate one million developers into the polygon’s ecosystem.
The product aims for technological advancements, which will empower developers to design their ideal project. Here, polygon intends to increase its ZK-space presence.
According to polygon, it hosts various events and meetups to enrol and assist people. Polygon said that it would announce accelerators to boost the most promising startups inside its ecosystem. It anticipates that extensive agreements over the next few months will connect builders with some of the industry’s brightest brains while equipping developers.