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Polygon crypto gets funding from billionaire investor Mark Cuban

On Tuesday polygon received funding from one of the United States based billionaire entrepreneurs Mark Cuban. He is the co-founder of the homegrown blockchain technology firm.

It has been added to the entrepreneur portfolio of companies with the description that read- 

“Polygon is the first well-structured, easy to use platform for ethereum scaling and infrastructure development”. 

Additional e the investor Mark is the owner of NBA’s Dallas Mavericks and one of main “shark” investors on the reality TV show- “Shark Tank”. 

As per the recent reports he is integrating Polygon crypto into Lazy.com. It is considered as a portfolio company that allows people to easily display non-fungible tokens (NFTs). 

Other plans involve that he will be working to build a new online gallery to display NFTs in different forms. 

The US billionaire entrepreneur net worth is at over 4 million dollars. 

Meanwhile, Co founder of Polygon Sandeep Nailwal said- The best thing to hear was Mark Cuban himself uses an application on Polygon. Getting investment from him is a big stepping stone for us as it will attract more Tier I investors in the United States towards the Polygon ecosystem. 

The company gained significant popularity, as the layer II technically technology Ethereum has found increasing use cases in gaming and non-fungible tokens. It’s solution has been adopted by 250+ applications, almost 76 billion transactions and almost 790,000 unique users.  

Lastly, Polygon’s tokens breached $13 billion in market capital earlier in 2021. And the founder said- “Growth has been significant. Some part of it is speculation—as with any cryptocurrency— but we have also expanded our vision and scope of work,”

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