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Polygon (MATIC) on the rise after announcing the launch of accelerator program

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Polygon MATIC

September 28, 2022 by

Saeed Ul Hassan

Polygon MATIC

Polygon (MATIC) announced its partnership with Alpha Venture DAO and Icetea Labs to launch the first Icetea Labs Accelerator Program for blockchain startups. Started rising in the morning.

Polygon MATIC

As the partnership was announced, Polygon Developers tweeted: “The six startups are Icetea Labs’ accelerated rollout of Polygon-powered rator programs.

Polygon (MATIC) price rose to $0.775263 shortly after the announcement, up more than 5.0% from the previous day. Its trading volume has also increased by around 5.39% in the past 24 hours, according to CoinMarketCap.

On September 11, according to MATIC’s Nomics Data, like the rest of the cryptocurrency market, prices began to decline steadily. Trading volume was also low – down from $1.29 billion on Sept. 12 to $496.7 million on Sept. 16, while prices ranged from $0.804935 to $0.691834

Slowly increasing after September 20. It was up 3.8% in the previous week, according to CoinMarketCap. As a result of this new partnership, costs have increased from $0.728306 on September 25.

Polygon (MATIC) Accelerator Program

Alpha Venture DAO is a Southeast Asia-based startup that supports startups looking to succeed under the umbrella of Web3. Icetea Labs also acts as an incubator, helping to nurture new projects during the research phase.

According to Polygon Developers, this three-part Partnership will launch an accelerator program that will focus on providing mentoring, education and business skills to promising Web3 startups that need funding, human capital, etc. from other successful startups already operating in the space Source.

They further claim that selected companies will undergo an intensive eight-week training – a brief analysis of statistics from the accelerator’s first 250 applications . 73,000 people voted, with an acceptance rate of 2%.

The comments section of the tweet also mentions the first projects in the Icetea Labs accelerator program. The first project is Victory Point, a free-to-play first- and third-person AAA multiplayer shooter with P2E capabilities built with Unreal Engine 5.

The second is Trouble Punk | Cyber ​​Gals, a battle royale-style online action game that prioritizes a fun and engaging storyline. Gamers without tokens or non-fungible tokens (NFTs) can play free-to-play (F2P).

RELATED ARTICLE: Starbucks partners with Polygon to enhance its Web3 experience

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