How GameFi Mega Dice is Set to Capitalise and Become Next 100x Crypto as Polygon Labs Drives Web3 Crypto Sector Forward with $1Bn Raised
The post How GameFi Mega Dice is Set to Capitalise and Become Next 100x Crypto as Polygon Labs Drives Web3 Crypto Sector Forward with $1Bn Raised appeared on BitcoinEthereumNews.com.
Advertisement     Polygon Labs has made significant strides in the crypto industry, particularly in the realm of zero-knowledge technology. With a series of strategic acquisitions, including the latest addition of Toposware, Polygon Labs has reached an impressive $1 billion raised in the crypto web3 field. This development enhances Polygon’s position in the market and sets the stage for promising new projects like Mega Dice ($DICE) to capitalize on these advancements and potentially achieve exponential growth. Polygon Labs’ $1 Billion Raised in Zero-Knowledge Technology Polygon Labs, known for its scalable Ethereum solutions, has recently acquired Toposware, adding its 11-person team, intellectual property, and technology stack to its growing portfolio. This acquisition is part of Polygon’s broader strategy to implant heavily in zero-knowledge (ZK) technology, which has now totaled $1 billion. Zero-knowledge technology, a cryptographic method that allows transaction verification without revealing all details, is crucial for the scalability of layer 2 blockchains. Polygon’s commitment to ZK technology is evident from its previous acquisitions of Hermez and Mir in 2021 and now Toposware. The integration of Toposware’s Type 1 Prover technology aims to facilitate the transition of Ethereum Virtual Machine (EVM) networks to ZK-based chains. This move is expected to enhance interoperability among various blockchains, address data fragmentation, and enable smoother data migration across different networks. Advertisement   Polygon’s advancements in zero-knowledge technology are set to facilitate more efficient and scalable blockchain interactions. As this technology matures, it will likely pave the way for innovative applications and projects within the Web3 ecosystem, providing a fertile ground for new ventures like Mega Dice. Mega Dice: A Pioneer in the GameFi Sector While Polygon Labs continues to innovate in blockchain scalability, Mega Dice ($DICE) is making waves in the GameFi sector. Launched in 2023, Mega Dice is the world’s first licensed GameFi platform…
Filed under: News - @ June 9, 2024 8:14 am