Cooperation with POLYGON BlockChain
We are very excited to announce that we have officially entered into a cooperation with POLYGON. In the future, we will focus on the GameFI ecosystem on Polygon, check the games for players/users, and recommend, them to users.
Now, just use the BOXTradEx account, you can use WalletConnect to enjoy the Dapp on Polygon.
● What is Polygon
Polygon tries to solve the shortcomings of Ethereum’s slowness and high cost. Therefore, Polygon built a side chain outside of Ethereum which is compatible with Ethereum.
Polygon enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security.
Polygon combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system. It is able to fully benefit from Ethereum’s network effects and become more secure, open, and powerful.
Polygon is committed to fostering the growth of Web3 applications by providing the infrastructure needed for Web3, and now, there are over 19 k+ dApps that have used Polygon to scale their performance.
● Polygon Token(Matic)
Matic issued in ERC20 format is the native token of Polygon’s ecological environment. All transactions and transfers on Polygon will require Matic as a fee for payment. In addition, when users pledge Matic, they also invest in Polygon continuously. Therefore, Polygon’s ecology can be strengthened and guaranteed.
It is worth mentioning that in January 2020, Matic’s currency price was 0.02 USD. And in January 2022, it had reached 1.64 USD, which shows that Polygon’s growth is exponential.
● Polygon’s future possibilities
Compared with other blockchains, Polygon’s biggest advantage is that if a chain is launched on Polygon, the chain can benefit from Polygon’s ability to arbitrarily pass messages on other blockchains and high level of access to other DeFi projects on Polygon.
Polygon wants to provide blockchain developers with a decentralized network where everyone is able to plug in their own blockchain and overcome the traditional limitations of community-specific blockchains.
BOXTradEx is a one-stop crypto platform for GameFi, game players, and guilds, providing the Gamefi portal for web3. We support NFT API service, crypto exchange, NFT marketplace, wallet, and Guild DAO tool.
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