Polygon

Category: Public Blockchain Protocol

Region: India origins; global (Zug/US)

Website: Polygon.technology

About Polygon

Polygon is a blockchain platform designed to make Ethereum faster, cheaper, and more scalable. Originally launched in 2017 as Matic Network and rebranded to Polygon in 2021, it provides a framework for building and connecting multiple Layer 2 scaling solutions like sidechains and rollups. By doing so, Polygon helps developers create decentralized applications that benefit from Ethereum’s security while overcoming its high fees and congestion. The platform uses its native token, MATIC, for paying transaction fees, staking, and governance. Today, Polygon powers a wide range of projects across DeFi, NFTs, gaming, and enterprise solutions, playing a key role in expanding Ethereum’s ecosystem and usability.

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