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Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early Users

On April 22, the layer two (L2) scaling network Polygon introduced the new Supernets network, a blockchain protocol that’s built to bolster Web3 technology. Furthermore, Polygon is pledging $100 million to early Supernet users “who can help fast-track adoption.” The announcement details that Supernets is essentially the team’s Polygon Edge network “on steroids.”

Supernets basically allows developers to build custom networks without all the costs associated with servers. The Polygon team says Supernets are a dedicated solution, as “every Supernet is built and run for a specific application, project or use case,” which gives users the advantage of “dedicated Web3 hosting.” The networks can also be secured using Polygon’s native crypto asset MATIC. In order to increase awareness and adoption, Polygon has further revealed it is allocating $100 million to early Supernet users.

​​”For mass adoption of Web3 to take hold, it is critical to abstract the complexities of blockchain development and simultaneously offers scaling ability and personalization,” Mihailo Bjelic, the co-founder of Polygon concluded in a statement. “Polygon Supernets deliver all this, enabling any project to fast-track their blockchain ambitions and join the growing Polygon multi-chain ecosystem.”

What do you think about Polygon Supernets? Let us know what you think about this project in the comments section below.

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