Home AI Polygon-based streaming app partners with Samsung for Web3

Polygon-based streaming app partners with Samsung for Web3

0
Polygon-based streaming app partners with Samsung for Web3

Source: news.google.com

Savage, a streaming application operating on the Polygon network, has partnered with Samsung, a leading producer of electrical devices, to provide Web3 users with access to high-quality images and videos. In a statement on Twitter, the streaming protocol stated that its cooperation with the company would help improve the Web3 solutions it currently offers.

Polygon-based Savage partners with Samsung

Savage claims that its Smart TV app can help in the seamless integration of an IRL screen. On top of this, the app is protected by rights-managed contracts that are integrated into the metadata and as a result has the potential to reach more than 25 million households.

On top of that, it gives customers the ability to access high-quality cargo from any marketplace. As stated in the most recent post by Savage, the maximum size for these uploads is 8K. On the other hand, the blockchain-powered streaming app will have access to Samsung’s massive audience from around the world.

Growing Polygon Applications

Polygon has remained committed to fostering the growth of DeFi applications. With a strong acceptance rate, Polygon is now home to over 53,000 decentralized projects as of press time. It was reported that in the year 2022, Polygon was responsible for the facilitation of more than 960 million transactions, the implementation of 778,000 smart contracts, and the participation of 234,000 contract creators.

Read more: What is making the price of Cardano (ADA) rise over the likes of Dogecoin and XRP?

It’s only been a few months since Samsung and Google announced an expansion of their collaboration to enhance the smart home experience. In order to strengthen its position in the market and maintain its position as a household name in the electronics and technology industries, Samsung has been actively forming strategic partnerships.

Additionally, in November, Meta launched a suite of tools that allows Instagram users to mint and sell NFTs through the Polygon platform. As a consequence of this, content creators on Instagram can now design and sell their digital collectibles both on and off the platform.

As it stands, the price of Polygon (MATIC) is currently trading at $0.80. This represents a 3.8% increase over the past 24 hours, in contrast to a 2.27% increase over the past seven days, according to crypto market tracker CoinMarketCap.

Also read: What are musical NFTs? How are you changing the music industry?

Pratik has been a crypto evangelist since 2016 and has been through just about everything crypto has to offer. Whether it’s the ICO boom, the 2018 bear markets, the Bitcoin halving so far, you’ve seen it all.

The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrency. The author or publication has no responsibility for your personal financial loss.

Read More at news.google.com