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Despite the problems of the cryptocurrency industry in 2022, Polygon saw steady growth in many areas with record numbers of transactions and new collaborations.
year of…
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buildings
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defyWhen the building delivers.
2022 #onPolygon pic.twitter.com/c42hm3u081Polygon MATIC (@0xPolygon) December 20, 2022
As reported, Polygon has facilitated over 960 million transactions, deployed 234,000 contract creators and 778,000 smart contracts.
As of December 26th, 202 million unique addresses on the blockchain. Polygon also claimed to have saved about 600,000 tons of carbon. In addition to these achievements, a number of groundbreaking innovations have been launched on the blockchain as adoption continues to grow.
Below are highlights of notable developments in the Polygon ecosystem for 2022.
In July, Polygon will selected It is one of six companies participating in the Disney Accelerator Program 2022 and the only blockchain-oriented company selected for the program.
The Disney Accelerator Program was established to power the growth of innovative businesses globally using technologies within Augmented Reality (AR), Non-Fungible Tokens (NFT), and Artificial Intelligence (AI). It is a business and development oriented initiative.
Despite some Reddit users be anticryptReddit NFT was one of the major announcements of the year. snoo mascot.
that’s all 3000000 According to Reddit executives, the wallet was made with Polygon and was able to receive the NFTs in a matter of months. Additionally, over 5 million colored avatars have been created and over 4.3 million unique wallets have been created.
November, Meta launch A toolkit for Instagram users to create and sell NFTs based on the Polygon blockchain. It’s worth noting that Polygon has emerged as the first partner for the new feature Meta.
As revealed, Instagram content creators will be able to design and sell digital collections on and off Instagram.
In another dive into the NFT space, Polygon has emerged as the third supported chain on popular NFT marketplace Magic Eden.
With this integration, Magic Eden will also support game developers and content creators in the Polygon ecosystem.
Non-custodial wallet Phantom added support for Polygon’s browser, Android, and iOS last November.
Phantom has joined the league of numerous projects in the industry pushing towards a multi-chain future. This integration provided users with a simple, secure and seamless way to use NFTs and decentralized applications.
Nike launch Digital asset platform Swoosh is backed by Polygon to further establish its presence in the Web3 space on November 14th.
In the announcement, Nike established that Swoosh virtual apparel can be used for RTFKT avatars. RTFKT is another well-known developer team at Web3 Space Nike. got 2021 years.
In another development, popular coffee outlet Starbucks, via Polygon launch December Loyalty Rewards Platform.
In particular, the coffee chain giant offered a way to earn loyalty rewards when customers participate in interactive engagements called journeys. Journeys as interactive sessions showcase the companys brands. , intended to educate customers about the history of Starbucks and coffee.
The reward is a digital collectible stamp in the form of a non-fungible token (NFT).
In December, Polygon expanded its reach into the Indian e-commerce space through Flipkart.Both companies partnered Build a blockchain ecommerce center of excellence.
Polygon reports that the center will focus on Web3 and Metaverse e-commerce research and development to explore the future of shopping and online.
Finally, projects such as Robinhood, Wild Card, Midnight Society, and One Planet Lending Solution all benefited from Polygon’s contributions to their respective projects.
Additionally, Polygon is also developing three zero-knowledge proof (zk) scaling programs to support its growing ambitions of mainstream adoption. With such a solution, transactions are rolled up to another chain and then committed to Ethereum, which greatly increases transaction speed.
Polygon zkEVM went public last July and its testnet was launched in October. The team claims to be the first zkEVM with a public testnet that generated ZK proofs.
