Source: news.google.com
© Reuters. Samsung partners with Polygon-based streaming app SAVAGE to bring video to Web3 users
- Samsung (KS:) has partnered with Polygon-based streaming application SAVAGE to bring high-quality images and videos to Web3 users.
- SAVAGE claims that its smart TV app can seamlessly connect to IRL screens.
- SAVAGE recently collaborated with SupraOracle to boost creator economy profits.
- Polygon also made several collaborations in 2022 with companies such as Starbucks (NASDAQ:), NIKE, Meta and Flipkart.
To bring high-quality images and videos to Web3 users, Polygon-based streaming application SAVAGE has collaborated with Samsung, a leading manufacturer of electronic devices. In a Twitter post, the streaming protocol said its partnership with the company would help improve its Web3 offerings.
According to SAVAGE, their smart TV app has a feature capable of helping seamless IRL screen connectivity. Furthermore, the app is wrapped with well managed contracts embedded in metadata and therefore has the potential to reach more than 25 million households.
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Starting the year off with a bang @thesavageapp + @Samsung bring you the highest quality photos and videos on Web3, and it’s happening #onPolygon https://t.co/3Q5dcPzuFx
– Polygon – MATIC (@0xPolygon) January 4, 2023
SAVAGE and Polygon are developing more collaborations
SAVAGE recently collaborated with SupraOracle, a notable Web3 blockchain platform, to enable the maker economy to earn more from NFTs. The Polygon-based Stream application bet on the partnership to expand its use cases, using the Oracle network, which can interact with numerous NFT assets on different chains.
Polygon has continued to provide support for DeFi applications to thrive. At press time, it enjoys a high adoption rate, hosting over 53,000 decentralized projects.
Polygon has reportedly facilitated over 960 million transactions and deployed 778,000 smart contracts with 234,000 contract creators in 2022.
Polygon, in a bid to expand its offering, integrated Bebop, a decentralized trading platform, last November. The integration allows Bebop users to transact faster with the same price quality when trading on the platform.
Additionally, Meta released a suite of tools in November for Instagram users to mint and sell NFTs through Polygon. As a result, content creators on Instagram can design and sell their digital collectibles on and off the platform.
He collaborated with leading e-commerce firm Flipkart last December. Through the partnership, both firms want to develop a Blockchain e-commerce Center of Excellence (CoE) to focus on advancing the future of e-commerce on Web3 and the metaverse.
In 2022, Polygon also collaborated with other Web2 companies like NIKE and Starbucks to bring their users on to Web3.
In the reverse
- Although Polygon experienced some major collaborations in 2022, it could not escape the fury of the crypto bear market. As a result, Polygon’s market capitalization has fallen 60% from its one-year high, and its price has also declined 66.5% in the same period.
why should you care
Polygon’s recent collaboration is another example of its expansion into new markets. The Polygon ecosystem had a productive year in 2022 as the project integrated many companies on its platform. We may see more collaborations from this outstanding Layer-2 network this year as well.
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