Crypto NewsAltcoin$90 Million Cryptocurrency Fund from Polygon (MATIC)!

$90 Million Cryptocurrency Fund from Polygon (MATIC)!

Polygon Labs announced funding of approximately $90 million.

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While the upward trend in Bitcoin and altcoins continues, BTC reached the $ 38,000 limit during the day. BTC, which later dropped to $35,500 with the dump in the evening, has now recovered to $36,500.

While there is a generally turbulent atmosphere in altcoins, Polygon (MATIC) increased by 21% in the last week.

Polygon Labs announced a nearly $90 million funding round today, with Polygon trading at its current level of $0.798.

Polygon Labs has relaunched Polygon Village 2.0, offering a new grant program worth more than 110 million MATIC to help projects grow within the Polygon ecosystem.

Polygon Labs said in a statement that direct grants of up to 2 million MATIC ($1.55 million) will be provided to next-stage projects.

“The grant program of 110 million MATIC will be available for all projects at any stage of development and of any type, be it DeFi, application chains, gaming, infrastructure, social or any other project.

The program is funded by more than 110 million in MATIC. grants will be distributed in many ways.

Direct grants of up to two million MATIC per grant will be distributed from the Polygon Foundation, mostly for later-stage projects.

“In addition, secondary financing grants are mainly aimed at early stage projects and will be distributed to these projects.”

*This is not investment advice.

Buradaki Yorumlardan Bildirim Al

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