POLPolygon (POL) Price

1.Project introduction

The network can support a practically unlimited number of chains, and cross-chain interactions can happen seamlessly and instantly without additional security or trust assumptions. This design fully delivers on the aforementioned requirement – exponential scalability without sacrificing security and user experience.To coordinate, secure and grow this powerful network, an advanced, well-designed protocol economy and mechanism design are necessary. This inspired the creation of POL.

2.Team introduction

Co-founder: Jaynti Kanani

Linkedin: https://www.linkedin.com/in/jdkanani/?originalSubdomain=in

Co-founder: Sandeep Nailwal

Linkedin: https://www.linkedin.com/in/sandeep-nailwal-60709a33/?originalSubdomain=ae

Co-founder: Anurag Arjun

Linkedin: https://in.linkedin.com/in/anuragarjun

Co-founder: Mihailo Bjelic

Linkedin: https://rs.linkedin.com/in/mihailo-bjelic-33aaa764

3.Investment institution

Peak XV Partners*、Dragonfly、Tiger Global、Republic Capital、Ryze Labs、CoinFund、DCG、Seven Seven Six、Animoca Brands、Union Square Ventures、Spartan Group、Variant Fund、Standard Crypto、Galaxy Interactive、Makers Fund、Bitfinex、Accel、Finality Capital Partners、Sound Ventures、Ghaf Capital Partners、SoftBank Vision Fund、WorkPlay Ventures、Third Point、Blue Pool Capital、Steadview Capital、Elevation Capital、dune Ventures、Transcend Fund、Sangha Capital、Unacademy、Alameda Research、Celsius Network、Alan Howard、Kevin O'leary、Mark Cuban、Coinbase Ventures

4.Application and distribution

Token application:

POL is the native token of Polygon, and as such represents the major tool for coordination and

incentivization of the whole Polygon ecosystem.

It has multi-fold utility, namely:

● Validator staking;

● Validator rewards;

● Community ownership, i.e. governance.

Token distribution:

Team tokens: 16%

Advisors tokens: 4%

Network Operations tokens: 12%

Foundation tokens: 21.86%

Ecosystem tokens: 23.33%