• The Savage Smart Tv app allows for easy IRL screen connectivity and high-quality media uploads from any market (up to 8K).
• Meanwhile, MATIC gained 2.5 percent in the last 24 hours, with on-chain data showing that Ethereum whales have been collecting more MATIC tokens in that period.

According to an announcement on its official Twitter page, the Ethereum-built Layer 2 scaling solution Polygon has announced that its streaming app, Savage, has secured a partnership with smart electronics and device tech giants Samsung.

Starting the year strong 💥
@thesavageapp + @Samsung they give you the highest quality photos and videos on Web3, and it’s happening #inPolygon 🔥 https://t.co/3Q5dcPzuFx

— Polygon – MATIC 💜 (@0xPolygon) January 4, 2023

Through the partnership, the Savage app is able to bring the best quality photos and videos to Web3 users. The Savage Smart TV app allows for easy IRL screen connectivity and high-quality media uploads from any market (up to 8K). Unsurprisingly, the technology is based on the Polygon chain.

More benefits for creators

The SavageApp also listed benefits for creators listed on The SavageApp instead of OpenSea. Those benefits include better royalties, rights-managed contracts already built into the metadata, higher-resolution uploads, and the potential to reach 25 million homes.

The Savage NFT marketplace, launched early last year, is the first carbon-neutral NFT marketplace. This marketplace allows creators to share their work in the format of their choice, including original raw images, as it has a 2 GB file size limit.

Most importantly, minting on Savage is energy efficient as minting is done using Polygon’s Proof-of-Stake (PoS) protocol. Thus, it consumes 0.002% of the energy required to mint the same NFT in a Proof-of-Work (PoW) NFT market.

Therefore, the use of a PoS protocol allows the market to allow large files at low minting fees. The wild market has its native token (the SAVG token), which is useful for digital rights management, NFT payments, shopping, and minting.

MATIC rises 2.5 percent in 24 hours

Polygon’s native MATIC token has gained 2.5 percent over the past 24 hours, with on-chain data showing that Ethereum whales have been collecting more MATIC tokens in that period.

On-chain analytics platform whale statistics revealed that Ethereum’s top 500 whales have been accumulating MATIC tokens since New Year’s Day, with intense buying pressure pushing the token into the top 10 most-bought cryptocurrencies. WhaleStats data further revealed that these ETH whales also accumulated large amounts of CRV, SHIB, and wETH tokens.

While the intense buying pressure from the whales indicates optimism for MATIC’s price, it is not all good news for the Polygon network. Recently, blockchain data metrics platform Santiment revealed that Polygon is among the platforms with the least developer activity. High development activity means that a project’s developers are adding valuable features to the project, an activity that often drives the native token on the network in the long run.

By contrast, Santiment’s data shows that development activity on Polkadot and Cardano is much higher than on Polygon. Therefore, MATIC may continue to trade sideways this new year unless these development activities increase. Data from Coingecko shows that MATIC is currently trading at $0.801, up 2.5 percent in the last 24 hours, but still 67.1 percent below its all-time high.