i would like to talk about a blockchain project named Matic - now known as Polygon -
Polygon is a protocol and a framework for building and connecting Ethereum compatible blockchains and networks. Its a layer 2 solution that achieves scale by utilizing side chains for off-chain computation by ensuring asset security using the plasma framework and a decentralized network of Proof-0f-stake(PoS) validators.
This project can succeed in long term as it is the answer to some of the challenges faced by Ethereum today such as heavy fees and low transactions per second ( TPS) and it aims to create multichain ecosystems of ethereum compatible blockchains.
Polygon is involved with some of the hottest areas in blockchain such as -
DeFi ( Decentralized Finance)
DApp ( Decentralized Applications)
DAO (Decentralized Autonomous Organizations)
Current price - around $0.90
All time high - $2.68
Last but not the least famous shark tanker Mr Mark Cuban has invested in this blockchain project.
Let me know your thoughts pynksters. Thank you @Tradelta for starting this thread.