Polygon

The Electric Capital Developer Report reveals that Polygon PoS is the second most popular chain for first-time developers, after Ethereum. The report also highlights that 30% of developers are now supporting more than one chain, with Polygon PoS being one of the most cross-pollinated with Ethereum. Despite a decrease in the overall number of developers, there are now 22k monthly active developers with a global presence. The report showcases the vibrant developer activity in the Ethereum ecosystem and the growing deployment to Polygon PoS and Polygon zkEVM.

BlockInvest announces two tokenization initiatives on Polygon PoS, aimed at opening the distressed credit markets in Italy. The initiatives include onchain digital note issuance by 130 Servicing and tokenizing distressed credits secured by real estate mortgages by Davis & Morgan. Tokenization on Polygon PoS is part of a broader movement for disintermediation and ease-of-access. It has already seen institutional adoption with the launch of Libre, a dedicated web3 infrastructure for the distribution of alternative asset funds.

Hypr Network has integrated with Polygon CDK to create a gaming blockchain tech stack that is customizable and suited to the diverse needs of players. Hypr will leverage zero knowledge gaming tools to provide enhanced data privacy and security for gaming applications, including zero knowledge-based gaming SDKs. The team will also contribute to the Polygon CDK open-source stack by developing a multi-backend DA service and expanding the library with functionalities such as shuffling and anonymous transfers.

Polygon Labs has been chosen to be part of the Tokenized Asset Coalition (TAC), which aims to create a more open and transparent financial system. Polygon Labs will contribute to this vision by providing institutional-grade ZK scaling solutions to help bring trillions of dollars worth of assets onto the blockchain.

The Polygon community is excited about the upcoming ZK Hack IV event, where builders will have the opportunity to learn and discuss Zero Knowledge (ZK) jargon. The event aims to demystify complex concepts and provide a platform for developers to collaborate and innovate. Participants are looking forward to gaining valuable insights and building strong foundations for their projects.

Polygon is introducing the zkBuilder Decentralized Grants Program on Polygon zkEVM to support and fund DeFi builders. The grants program, offered through Polygon Village, aims to provide tools and resources to developers within the ecosystem.

Polygon has launched the Amoy testnet as a low-stakes environment for building, testing, and experimentation. The Mumbai testnet, which relies on Ethereum's Goerli chain, will be deprecated in Q1 2024, leading to the community consensus to deprecate Mumbai and align with Ethereum. Developers can expect essential validators, infrastructure, faucets, and tooling on the Amoy testnet, which provides a sustainable and future-proof environment.

Polygon has announced the launch of stage 2 of the zkEVM Mainnet Beta. This stage will focus on responsible dApp growth and activation of activity onchain, with new dApp launches expected over the next two months. The Polygon zkEVM client will also be upgraded to increase throughput. Full activation is planned for stage 3 in March, with a major upgrade that removes all limitations on throughput.

Libre, a blockchain platform, is launching a dedicated chain built with the Polygon Chain Development Kit to empower regulated institutions globally to create their own on-chain, tokenized assets. The platform offers unparalleled access to global alternative investment funds and has partnered with top-tier global distributors such as Brevan Howard and Hamilton Lane. Access for distributors and asset managers is simplified through API connectivity, enabling seamless integration into Libre’s suite of wealth management services.

Gitcoin and Polygon have collaborated to enable decentralized community funding through Gitcoin Grants on the Polygon PoS. In the first round, 28 projects participated and received donations from 14,406 unique donors. Gitcoin's Grants Stack, a decentralized platform for grant rounds, is now deployed on Polygon Pos. The collaboration continues with the Village "Infra on Polygon#1" grant round, where 25 projects will participate and a matching fund of 130,000 MATIC is available. Proposals will be posted between January 8th and 13th, and the community can evaluate and donate to deserving projects between January 15th and 24th.