SuperLayer, a blockchain enterprise studio, has secured $25 million in funding with backing from its strategic companion, Polygon Community – a Layer-2 scaling answer.
With its knack for choosing initiatives with modern options that may assist enhance the usability of the blockchain ecosystem generally, SuperLayer says it’s extra excited about protocols trying to construct on the Polygon Community.
Whereas revealing no different backer, SuperLayer stated will probably be deploying the funding in direction of the growth and strengthening of SuperLayer’s ecosystem of initiatives. Moreover, it plans on partnering with founding groups on growth, design, and the fundraising required to scale initiatives that meet the wants of shoppers world wide.
“Given SuperLayer’s give attention to pace and high quality, Polygon is a pure companion with industry-leading protocols designed to repair blockchain scalability points which have slowed innovation,” stated Kevin Chou, Managing Associate of SuperLayer.
“Polygon’s expertise removes crucial prices and congestion boundaries to mass-scale shopper adoption, and its thriving ecosystem affords a great atmosphere for progress and collaboration, opening the door for transaction-intensive crypto initiatives like SocialFi, GameFi, NFTs, and DeFi to succeed in their full potential. Our crew at SuperLayer is worked up to help formidable initiatives to construct on Polygon.”
Customers within the digital forex ecosystem at the moment are extra involved about usability within the Web3.0 world. Moreover customers, buyers’ focus is clearly centred on improvements with an outlined use case, a push that’s doubtless fueling initiatives which may be emanating from Polygon.
Polygon makes utilizing Ethereum very straightforward and scalable, and any outfit which will align with this mission might be a focus for SuperLayer.
Whereas Ethereum 2.0 is quick approaching, the Ethereum Basis has come out to say the brand new protocol might not scale back fuel charges and pace as is presently anticipated. This solidifies the necessity for Layer-2 protocols like Polygon and a viable case to imagine SuperLayer could have sufficient startups to inject its acquired funds into.
Picture supply: Shutterstock