“Polygon believes in Web3 for all. Polygon is a decentralized Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security.”
Our mission at Pooky is to build a safe and frictionless sports prediction game for passionate fans around the globe. Having Polygon as our partner and using their blockchain technology makes our ambition attainable. Choosing them was easy. Here, we’ll tell you why.
Polygon is a layer 2 scaling solution for Ethereum. It enables Ethereum supported blockchains to communicate with each other and, simultaneously, makes Ethereum transactions cheaper and faster. It does this by utilizing side chains (blockchains that run alongside the Ethereum main chain.)
By using Polygon, our developers get the security and decentralization of Ethereum, minus the headaches of low speeds and the high cost of transactions that go with it. Most importantly, Pooky players get a quick and frictionless sports prediction game.
And don’t just take our word for it. In terms of users, applications and active addresses, Polygon is in a different league. Here are some numbers. We all like numbers. Polygon is home to over 53,000 Dapps — either exclusively or using the Ethereum Virtual Machine to link to the main Ethereum protocol. By comparison, Solana has around 350, Cardano 2000.
800k weekly active users interacting with the blockchain (which hasn’t dropped considerably during the bear market) and over 135 million unique addresses add to the network effect and future dominance of Polygon.
Starbucks have just launched their Odyssey loyalty rewards program on… Polygon. They will join the world’s biggest web2 companies and web3 startups already on Polygon: Instagram, Adidas, Adobe, Meta, Stripe, Prada, Beeple, ZedRun, Sandbox.
Finally, backstage there are the developers and contributors pulling the strings. Currently over 1500 contributors are actively participating in the Polygon Gitbook.
“With over 1.3 billion transactions recorded, 130 million unique wallets and ~2.7 million monthly active users, Polygon Proof of Stake (POS) is the most proven scaling solution in web3, and the best way to launch a web3 project that’s ready for a global audience.”
People don’t like paying fees. Blockchains promise to replace much of the global infrastructure with fairer, cheaper systems of exchange. Only they aren’t always cheaper. Unlike other blockchains, Polygon keeps to the philosophy of low transaction fees. In Q2 2022, Polygon’s average transaction cost fell to €0.018. Cheap as chips.
Let’s talk about speed. Polygon is the Kylian Mbappe of blockchain. Lightning quick. It can comfortably execute 10K transactions a second. Hypothetically, 65K are possible. This makes it the ideal blockchain for gaming applications like Pooky that need hundreds of transactions per second. And Polygon is on the ball — aware of gaming Dapps and their need for speed — and is building accordingly. You only need to look at the number of gaming Dapps on Dapp Radar to see the proof.
Another giant upside for the end user of Pooky is the reason Polygon was created in the first place: complete compatibility with the main Ethereum protocol (and beyond). By the time you read this article, the merge will have taken place, moving Ethereum from proof-of-work to proof-of-stake. The merge won’t lower gas fees considerably (as many wrongly expect), but it will increase interest and Dapps on Ethereum. It will mean more people in web3. It will mean more people building and playing on Ethereum. Ultimately it will make a layer 2 scaling solution like Polygon even more popular.
Polygon’s technical and marketing support is some of the best in web3. This support is vital to the continued development of Pooky. To the 1500+ contributors on Gitbook and 300 employees around the world, Polygon has added a further 200 staff (september 2022). Increasing the workforce by 40% in the midst of a bear market — when many blockchains and web3 startups are laying off employees — highlights the culture, ambition and continued potential of Polygon. Another reason we selected Polygon to build our platform.
Lastly — but by no means least — is the sustainability and low ecological impact of Polygon. Between its Polygon’s Green Manifesto, the €20 million pledge to continued improvement and its minimal carbon footprint, Polygon is one of the greenest blockchains there is.
It is easy to be cynical about energy consumption — and we know Bitcoin and POS blockchains aren’t the polluting energy consuming machines the media would have us believe — but we can always do more.
And the good news continues with the merge. Polygon estimates the move to POS for Ethereum will erase 60K tonnes of carbon footprint. This is because most of Polygon’s emissions come from activities on Ethereum’s base layer.
“A whopping 99.91% of Polygon’s network carbon emissions will be canceled out post Merge. Reducing the annual total to just 56.22 tCO2e! That footprint, a fraction of Polygon’s closest competitors, will make the chain one of the greenest in web3.”
Through our integration with Polygon Pooky will be the leading platform for football (and later, more sports) prediction in web3. It will be fast, cheap, cross-chain and built on the best and most sustainable technology available.
Our developers need the freedom to build without constraint. We want as many sports fans as possible to collect, play and earn from their passion. Finally, these players need the ability to take their earnings between blockchains with no friction or pressure points.
Pooky wants to turn football fans into sports predictors. As such it makes perfect sense to integrate with the world’s leading Ethereum full-stack scaling solution to provide quick and affordable cross-chain operability.
Now, get ready for kickoff.
Website: https://pooky.gg
Twitter: https://twitter.com/pookygg
Whitepaper: https://whitepaper.pooky.gg/
