Polygon POS

Polygon POS

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Category: L2

Polygon


Polygon Labs is a team of diverse, passionate contributors in over 40 countries, building a future where Web3 is for everyone across the globe. As a remote-first company with teams across 15+ time zones, they empower their teams to work smarter with async-first communication and a culture of trust and transparency. Working at Polygon Labs provides the opportunity to develop cutting-edge technology with some of the best minds in Web3, building a decentralized future.

Funding Rounds

Funding Round: Private token sale
Funding Date: 7 Feb, 2022
Raised Amount: $450M

Funding Round: Series A
Funding Date: 20 Dec, 2020
Raised Amount: $1M

Investors

Polygon PoS


Polygon supports up to 1,000 transactions per second with fees typically under $0.01, making it suitable for high-speed, high-volume applications in global markets. The network has been operational for over five years with 99% uptime, handling billions of dollars in transactions annually for payments and real-world asset activities. It provides developers, users, and institutions with access to a large ecosystem of dApps, integrations, and liquidity, ready for immediate growth.