Polygon is a global web3 infrastructure that is built on Ethereum, It is both a cryptocurrency and blockchain scaling field that offers a platform for blockchain which simplifies building the projects on the Ethereum network. It makes your transactions fast and easy. It was initially known as Matic Network.

Company details: 

• Founders: Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, Mihailo Bjelic, and David Z
• Founded Year: 2017
• Headquarters: Cayman Islands

Key Features: 

• It provides scalability solutions, i.e., layer-2 rollups (like zk-rollups and optimistic rollups) and sidechains.
• It provides developers with tools like SDKs and APIs to build decentralized applications (dApps).
• DeFi and Web3 Integration supports DeFi protocols, NFTs, and metaverse projects.
• Facilitates seamless communication between different blockchains.
• Optimised for Efficiency and Cost-Effectiveness.