What happened this quarter #onPolygon
This report dives into an overview of the @0xPolygon network and the #Polygon Ecosystem.
· Network Analysis
· Polygon Ecosystem Overview
· Projecting the Polygon Ecosystem
Let’s dive in
@0xPolygon 1/ Network Analysis
Although the market is bearish, Polygon’s Daily Transactions and Active Users numbers have remained stable with 2.75M transactions per day (~ 2 times ETH) and an average of 300K daily users.
@0xPolygon This quarter also marks the milestone of achieving more than 172 M addresses #onPolygon.
The growth of new addresses this quarter is more than Q1 and Q2 combined and also more than @BNBCHAIN and @ethereum.
@0xPolygon @BNBCHAIN @ethereum 2/ Total Value Locked
In this quarter, @0xPolygon has consecutively surpassed @solana and @avalancheavax thanks to the amount of value locked (Reached ~ $550M) in @MMFcrypto, the new DeFI hub on Polygon but was unable to keep value due to market conditions.
@0xPolygon @BNBCHAIN @ethereum @solana @avalancheavax @MMFcrypto 3/ What happened with Polygon Ecosystem in Q3
@0xPolygon @BNBCHAIN @ethereum @solana @avalancheavax @MMFcrypto 4/ Highlight Events
Introducing #zkEVM
@0xPolygonHermez is an open-source ZK-Rollup providing EVM opcode compatibility for a frictionless user experience and the security of Ethereum.
@0xPolygon @BNBCHAIN @ethereum @solana @avalancheavax @MMFcrypto @0xPolygonHermez The Effects of Ethereum The Merge on Polygon
The Merge is estimated to reduce 99.91% of Polygon's network carbon emissions, which will make the chain one of the greenest in Web3.
@0xPolygon @BNBCHAIN @ethereum @solana @avalancheavax @MMFcrypto @0xPolygonHermez 5/ Highlight Projects Invested by Polygon Q3 2022
Through the projects that Polygon invests in, we can be seen that Polygon's development orientation is mainly focused on asset management, Web3 gaming, Security, and identity.
@0xPolygon @BNBCHAIN @ethereum @solana @avalancheavax @MMFcrypto @0xPolygonHermez 6/ Top Partners of Polygon in Q3 2022
Polygon is gradually becoming more mass adoption and becoming closer and simpler for users.
@0xPolygon @BNBCHAIN @ethereum @solana @avalancheavax @MMFcrypto @0xPolygonHermez 7/ Major Brands Partnering with Polygon
Polygon is the only blockchain chosen by big corporations to adopt NFT, metaverse, and payment methods.
@0xPolygon @BNBCHAIN @ethereum @solana @avalancheavax @MMFcrypto @0xPolygonHermez 8/ Highlight Projects
@MMFcrypto, a new DeFi hub launched on Polygon in August and it only took 5 days to reach $500M TVL. Although TVL has been reduced quite a bit so far, the model potential of MM Finance will get more attention when the cash flow returns.
@0xPolygon @BNBCHAIN @ethereum @solana @avalancheavax @MMFcrypto @0xPolygonHermez 🛒 @OnePlanet_NFT also successfully landed 60+ projects on the Terra ecosystem to Polygon which has become the ideal place for NFT projects to come and BUILD.
@0xPolygon @BNBCHAIN @ethereum @solana @avalancheavax @MMFcrypto @0xPolygonHermez @OnePlanet_NFT 9/ Polygon Ecosystem Landscape
@0xPolygon @BNBCHAIN @ethereum @solana @avalancheavax @MMFcrypto @0xPolygonHermez @OnePlanet_NFT 10/ The vision of the Polygon team is towards mass adoption and spent more time than many other chains focusing on capturing the retail and non-crypto native users.
Explore the Full Report on Polygon Ecosystem Q3 2022 from @PolygonDaily
coinwire.com/Polygon-Ecosys…
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