Dev Protocol on Polygon is Launched
Issue social tokens with the cheapest gas fee and bring the Decentralized Creator Economy to all developers!
Dev Protocol team has been using Ethereum Mainnet since 2018 for its decentralization, robustness, and ecosystem growth. Also since last year, we have been working on scaling and reducing gas fees through multi-chain support sequentially based on security and the demand from the community, and we now support “Polygon” following the Layer 2 “Arbitrum”.
Dev on Polygon : “0xA5577D1cec2583058A6Bd6d5DEAC44797c205701”
Quick Swap link: https://quickswap.exchange/#/swap?outputCurrency=0xA5577D1cec2583058A6Bd6d5DEAC44797c205701
About Polygon
Launched in 2017 originally as Matic network as an universal blockchain scaling solution, then it was rebranded in early 2021 as Polygon, focusing on being a scaling solution for Ethereum. Since it’s rebranding and change of focus, it has had tremendous success, with solid projects like Uniswap, Aave, OpenSea and upcoming games like Aavegotchi running on the Polygon network.
With the increasing gas fees on Ethereum mainnet, users and developers started looking to find a robust scaling solution. Polygon has been adopted by many, mainly because of its advantages over Ethereum mainnet, being significantly cheaper and faster.
Changes with multi-chain support
Lower gas fees* will make it easier for both creators and supporters to use the features of the Dev Protocol. Feel free to start the Decentralized Creator Economy by issuing social tokens for your projects at the cheapest gas fees.
For creators, please send your onboard request here.
📥 https://stakes.social/polygon/invite/github
📚Onboard Guide https://docs.devprotocol.xyz/en/stakes-social/onboard-guide/
❓FAQs https://devprotocol.xyz/faq
* At the present time, Ethereum is able to handle between 15 and 45 transactions per second, the average transaction fee is $42.42. Polygon on the other hand can handle up to 65 thousands transactions per second and offers extremely cheap transactions fees at $0.494, significantly lower than ETH mainnet.
What is the Decentralized Creator Economy?
All assets published on the Internet, such as OSS and intellectual assets, can be used by anyone without paying, so despite the existence of various monetization methods, they are in crisis of sustainability, more than 83% of projects are discontinued within a year. With a mission to create the world where all innovators are evaluated and can sustainably challenge their goals, Dev Protocol has built a technology that leverages blockchain and decentralized finance to solve the sustainability challenges of open assets.
https://initto.devprotocol.xyz/en/dev-protocol-rather-than-donation-service/
With Dev protocol, you can build a decentralized creator economy and grow it through support from the community, regardless of the size of the project. Dev Protocol’s Property Token (ERC-20 based social token) has powerful features compared to NFT, such as split ownership with the community, profit sharing through staking, and sharing incentives with all community members to grow the project in a sustainable way. Accelerate the growth of your economy by freely integrating with a variety of decentralized apps.
More interesting data about Polygon
Compare the top 10 gas guzzlers in both networks and you can see that the differences are huge, on the Ethereum mainnet, for example:
And on Polygon:
Here we can see that Polygon more than 2x’d monthly developers, more than Cardano and Binance Smart Chain.
We plan to work in collaboration with such vibrant Polygon communities! Stay tuned for next updates.🗞
Dev Protocol is the core of the Decentralized Creator Economy that supports sustainable revenue opportunity and global expansion with web3 technology. Tokenize your project with ‘Proof of Ownership’ and start your own economy easily with a powerful blockchain solution designed to help grow your projects.
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