LogoLogo
Website
  • Overview
    • JustMOVE's WORLD
    • Make an Impact
  • Ecosystem
    • Actors
    • NFT Collection
    • Environment
      • Mobile App
        • Mobile App
        • Connected Objects
        • Community
        • Notifications
        • Privacy
      • Blockchain
        • Wallet
        • Tokens
        • Marketplace
      • Metaverse
      • Studio AI
    • Economy
      • Tokenomics
      • Revenue streams
      • Sustainability
  • Actors
    • Players
      • What is a Player?
      • NFT Access Pass
    • Motivators
      • What is a Motivator?
      • The Program
      • Get Paid
    • Validators
      • What is a Validator?
      • The Program
        • Point System
      • Get Paid
    • Studio Owners
      • NFT AI Studio
      • Get Paid
    • Creators
      • What is a Creator?
      • Creator Point System
      • Get Paid
    • Health Center Owners
      • What is an Owner?
      • NFT Health Centers
      • Get Paid
    • Coachs
      • What is a Coach?
      • Metaverse as a Service
      • Metaverse Points System
      • Earn Revenue
    • Brands
    • Team
  • Gameplay
    • Move and Earn
    • Getting Started
    • In-game points
      • XP Points
      • JustMOVE Points
      • ECO Points
    • MKI Token
    • Utility NFT's
    • Levels
    • Badges
    • Community Feed
    • Planting Trees
    • Swap your car
    • Plogging
    • ToDo - Connect in the Metaverse
    • Health Tournaments
      • Getting Started
      • Prize Pools
      • JustMOVE Tournaments
      • Sponsored Tournaments
      • NFT Access PASS
      • Quests
      • Group formula
        • Create a Group
        • Kombat
        • Friendly
    • Health Challenges
      • Health Challenges
      • One-on-One Challenge
      • Group Challenge
    • In-app purchase
    • Anti-cheating system
  • Record Data On-Chain
  • Ambassador Program
    • The Program
    • Ambassador's Tasks
  • Tokenomics
    • Strategy
    • MKI Token
    • Polygon
    • Supply and Distribution
    • Locking and vesting periods
    • Earnings limitation mechanism
    • Creating and sustaining value
    • Staking
    • Yield Farming
  • Roadmap to Success
    • Roadmap Overview
  • Project & Team
    • An experienced team
    • Advisory Committee & Governance
  • Disclaimer
    • Legal Notice
    • Risks Disclosure Statement
Powered by GitBook
On this page
  • Green, cheaper and faster
  • Carbon neutral

Was this helpful?

Export as PDF
  1. Tokenomics

Polygon

Green, cheaper and faster

Polygon, formerly the Matic network, is an innovative protocol and development tool that merges the best elements of the Ethereum blockchain and sovereign blockchains into a full-fledged multi-chain system. With the same security and interoperability as the Ethereum blockchain, at the same time, Polygon is cheaper and faster to use.

The current generation of Play-To-Earn games is plagued by high fuel costs and slow transaction speeds, making for a lacklustre gaming experience that can be improved. An ERC20 transaction can take anywhere from five minutes to four hours.

As a popular chain with low fees and fast transaction speed, Polygon is proving to be one of the most promising solutions for Move and Earn and Web3 applications and can handle up to 65,000 transactions per second, compared to Ethereum's 30 transactions per second.

Carbon neutral

Polygon became carbon neutral with the aim to lead the Web3 ecosystem in becoming the first carbon positive in 2022.

The Polygon network announced on April 19 of 2022, its commitment to become carbon-neutral and climate positive by releasing its Green Manifesto: A Smart Contract with Planet Earth. It also committed $20 million to offset its carbon footprint and purchase additional credits to become carbon neutral.

This means that every transaction, NFT that is minted, DeFi trade, token connected to the network, among others, will be accounted for and rewarded for its environmental impact. Polygon plans to become the first blockchain to be climate positive.

PreviousMKI TokenNextSupply and Distribution

Last updated 2 years ago

Was this helpful?