Tag: Polygon

Warner Music Group, the major record label, announced on Dec. 6 a multi-year partnership with the Ethereum sidechain network and the Web3 music startup. Artists signed to Warner Music Group labels will be able to release music NFTs through the upcoming Polygon-based marketplace LGND Music. LGND Music is an online marketplace set to launch in…

Polygon said on Oct. 10 that its zero knowledge-EVM public testnet for Hermez, which Polygon acquired last year for $250 million, went live. The company continues targeting the mainnet going live sometime in early 2023, calling it “the next step for Ethereum.” DeFi protocols Aave and Uniswap will also be launching on its testnet. At…

Robinhood announced the launch of its beta Web3 wallet, allowing 10,000 customers from the waitlist to participate in the wallet’s testing. The trading app said it tapped Polygon blockchain for its “scalability, speed, low network fees, and robust developer ecosystem.” Trading app Robinhood, which is solely available on iOS devices, will reportedly let users trade…

Using Ethereum scaling network Polygon, coffee chain Starbucks will launch The Starbucks Odyssey program that will give away NFT stamps to customers and employees and sell limited edition NFTs. The coffee giant plans to give out and sell digital stamps that can unlock perks like exclusive merch, private events, and trips. On Sept. 12, Starbucks…

Ethereum scaling solution Polygon plans to continue hiring despite the bear market and choppy macro conditions, as its HR exec told Bloomberg this week. She said the company aims to add 200 people to its team by the end of the year. Meanwhile, Polygon raised $450 million this year through a token sale. According to…

Web3 infrastructure provider Polygon announced the launch of Polygon zkEVM (zero-knowledge Ethereum Virtual Machine), which is set to become the first Ethereum-compatible scaling solution that uses the so-called “zero-knowledge proofs.” Thus, Polygon zkEVM aims to outpace Visa’s transaction throughput. Polygon first teased zkEVM at EthCC Paris in July 2021 and says it is designed to…