Polygon (MATIC) announces agenda: This is what awaits us in 2023

Without looking at the price development, 2022 was an extremely successful year for Polygon. The number of users is increasing, the technologies are evolving and numerous partnerships with industry giants underline the growing ambitions, which have long gone beyond being a stirrup holder for Ethereum. With a correspondingly broad chest, the agenda for the coming year is drawn up.

Polygon: The knot bursts

Polygon’s core function may be to take Ethereum transactions. In return, the network has grown into a bulwark of scaling tools to carry out transactions faster and cheaper on Ethereum: plasma sidechains, bridges, ZK and optimistic rollups. However, reducing Polygon to just a scaling solution no longer does justice to the project, which is blossoming into an engine for Web3 development.

More than 700,000 smart contracts, 200 million addresses, almost a billion processed transactions: Polygon’s balance sheet for 2022 speaks volumes. The network has grown in all places, ranked tenth among the largest crypto projects by market capitalization reflects the deserved importance.

Growth drivers this year were also the many and above all prestigious partnerships. Disney, Meta, Adobe, NFL, Reddit, Robinhood or Starbucks: In 2022 it was big, not a mess. Instead of empty PR reports, concrete projects also emerged. NFT integrations on Reddit and Instagram, wallet integration on Robinhood, an NFT loyalty program on Starbucks.

Progress has also been made on our own territory. A platform for digital identities was launched with Polygon ID, the scaling solutions Polygon Avail and zkEVM are in the testnet stage. In addition, the development team is promising an application-optimized multichain model for the future with the “Supernets” – similar to the Polkadot Parachains.

“2023 will be all about construction”

The FTX crash was a bitter pill, but it may have been the initial spark for the decentralized finance (DeFi) space. Estimates at least polygon in one Outlook for the coming year: “2023 could prove to be the most important year in DeFi history”. Innovations would be promoted and more and more users would be made aware of DeFi topics. According to Polygon, the “stablecoin adoption in Latin America and Africa” would also contribute to this.

In any case, there is no trace of a mood of doom: “The year 2023 is all about development”. The days “when tokens were only used for payments and fundraising” are “long gone” and we are “at the forefront of developing new use cases for blockchain technology”. Also in the new year, the motto seems to be: big, don’t make a mess.