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Polygon has launched a new dedicated blockchain network which will be called the Supernets, and also announced that it will commit $100 million to the projects that use this new feature rolled out by the Ethereum scaling solution. This new ‘dedicated’ network, described as “Edge networks on steroids,” aims to solve a number of challenges that projects on Edge face.
Enter Polygon Supernets
There are numerous applications and features that Polygon Supernets bring, as described in the announcement:
- Supernets will be dedicated, i.e., each Supernet is built and run for a specific application, project, or use case. This “dedicated Web3 hosting” will solve a lot of issues for Polygon users.
- Moreover, Supernets will be secured by Polygon’s native token, MATIC. The network has introduced a “shared security” layer in the form of a MATIC-staked validator marketplace. “Projects that opt-in for this service will instantly get access to a decentralized, reliable Proof of Stake validator set and skip the challenges of bootstrapping a validator network,” described the announcement.
- The Supernets are connected with each other and also with Ethereum, which will allow projects to exchange value and messages.
- For those who don’t want to get knee-deep in technicalities, Polygon also introduced Edge Certified Partners, a group of certified dev shops and teams to help out projects reach their goal.
$100M committed to Supernets
Polygon network also plans to commit $100 million for the projects that will use the Supernets. The funds will be used for:
- Development contracts and grants;
- Research contract and grants;
- Third-party integrations and partnerships;
- Project onboarding and migration;
- Liquidity mining;
- Acquisitions.
”For mass adoption of Web3 to take hold, it is critical to abstract the complexities of blockchain development and simultaneously offer scaling ability and personalization,” said Mihailo Bjelic, Co-founder of Polygon. “Polygon Supernets deliver all this, enabling any project to fast-track their blockchain ambitions and join the growing Polygon multi-chain ecosystem.”
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