Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early Users

2 years ago

Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early Users

On April 22, the furniture 2 (L2) scaling web Polygon introduced the caller Supernets network, a blockchain protocol that’s built to bolster Web3 technology. Furthermore, Polygon is pledging $100 cardinal to aboriginal Supernet users “who tin assistance fast-track adoption.” The announcement details that Supernets is fundamentally the team’s Polygon Edge web “on steroids.”

Polygon Supernets — Dedicated, Scalable Blockchains That Aim to Ignite Mass Adoption

Polygon has revealed a caller task called Supernets aft launching Polygon Edge past year. Essentially, Polygon Edge is simply a customizable blockchain stack that allows users to motorboat dedicated blockchain networks that bash circumstantial things. Following the Edge motorboat 11 months ago, the squad has revealed Polygon Supernets, a task powered by Edge with less complexities. While Supernets inactive uses Edge, the latest rollout offers “several important characteristics” that mitigate complexities progressive with Edge.

Supernets fundamentally allows developers to physique customized networks without each the costs associated with servers. The Polygon squad says Supernets are a dedicated solution, arsenic “every Supernet is built and tally for a circumstantial application, task oregon usage case,” which gives users the vantage of “dedicated Web3 hosting.” The networks tin besides beryllium secured utilizing Polygon’s autochthonal crypto plus MATIC. In bid to summation consciousness and adoption, Polygon has further revealed it is allocating $100 cardinal to aboriginal Supernet users.

“Super excited to present Polygon Supernets powered by Polygon Edge,” the squad tweeted connected Friday. “Polygon Supernets are dedicated, scalable blockchains that purpose to ignite wide adoption of Polygon and Web3. To enactment this ambitious merchandise and goal, we are announcing a $100M enactment fund.” The team’s Twitter thread mentioned that much than 20 projects “are already gathering connected Edge” and the Polygon squad learned a batch from these teams. Polygon besides shared 5 advantages of utilizing Supernets which include:

  • They are dedicated;
  • Can usage MATIC PoS validators out-of-the-box;
  • They are interconnected;
  • Can beryllium managed/maintained by our Certified Partners;
  • Support immoderate Edge architecture.

Polygon Co-Founder Says Supernets Can ‘Fast-Track Blockchain Ambitions’

Polygon has been making a batch of improvement and concern moves implicit the past 12 months, and during the archetypal week of February, the task raised $450 million from investors specified arsenic Sequoia Capital India, Softbank, and Shark Tank’s Kevin O’Leary. Last December, Polygon acquired the Mir Protocol for $400 cardinal and that aforesaid period Polygon started a $200 cardinal societal media-based Web3 money with ​​Alexis Ohanian’s Seven Seven Six task capital.

This April, Polygon announced the motorboat of a zero-knowledge individuality level for Web3. According to Friday’s Supernets announcement, the $100 cardinal volition beryllium distributed for things similar improvement contracts, probe contracts, grants, third-party integrations and partnerships, onboarding and migration, liquidity mining, and acquisitions.

​​”For wide adoption of Web3 to instrumentality hold, it is captious to abstract the complexities of blockchain improvement and simultaneously offers scaling quality and personalization,” Mihailo Bjelic, the co-founder of Polygon concluded successful a statement. “Polygon Supernets present each this, enabling immoderate task to fast-track their blockchain ambitions and articulation the increasing Polygon multi-chain ecosystem.”

What bash you deliberation astir Polygon Supernets? Let america cognize what you deliberation astir this task successful the comments conception below.

Jamie Redman

Jamie Redman is the News Lead astatine Bitcoin.com News and a fiscal tech writer surviving successful Florida. Redman has been an progressive subordinate of the cryptocurrency assemblage since 2011. He has a passionateness for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written much than 5,000 articles for Bitcoin.com News astir the disruptive protocols emerging today.

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