Many new and exciting blockchain projects have been popping up in the last few years, which has gotten blockchain folks excited. One of the most exciting phases of these projects’ lifespan is choosing the big blockchains they choose to join or partner with. This stage could mean life or death for new blockchain projects; it’s like choosing a religion. Oh, and there are a lot of choices, from Ethereum to Solana, Ripple, Cardano, and Polygon.
Related: Immutable, Polygon Labs, and King River Capital Unite for $100 Million Web3 Gaming Fund
Polygon now has two new devoted members added to its many sides. Fox Corporation and Ronin Network have signed with Polygon in a bid to enhance scalability in blockchain gaming and media content verification. This new partnership is all thanks to Polygon’s zero-knowledge (ZK) technology, which was built to provide validation and fast finality of off-chain transactions; that type of tech comes in handy for both projects.
For Ronin, the sidechain network made to support the popular blockchain game Axie Infinity, the Polygon partnership is all about builders on its platform leveraging Polygon’s Chain Development Kit (CDK), which will enable them to create their very own zkEVM L2 chains. As a plus, they will also be able to deploy their own games without permission.
Axie Infinity’s co-founder, Jeff ‘Jihoz’ Zirlin, has also been pretty excited about the scalability improvements the partnership is bringing and the potential for more games through the permissionless deployment. He also hoped Ronin could join the AggLayer for a Ronin-Ethereum alignment.
But it’s not only Ronin that’s getting in on the Polygon deal. Fox Corporation (Yes, the movie making Fox) also joins Polygon launching an L2 chain using Polygon CDK. Fox has said that Verify’s beta version is moving to a dedicated polygon zk blockchain with Gelato doing the implementation.
Verify does exactly what’s in its name. It verifies if an article or image genuinely originates from a particular publisher as long as the media is registered on Verify. This move to polygon gives Verify a dedicated chain focused on ‘Verifying’. This increases the capacity for content registration on the chain, and with the dedicated chain, verify does not need to compete for resources on Polygon PoS.
More Info:
- Solana’s PlayGG Event: Flipping the Crypto Gaming Narrative
- SEC Lawsuits Shake Solana, Polygon, and Cardano
This partnership is very timely as AI-generated media is rising rapidly on the internet. Publishers now get a technical, cryptographic bridge to AI platforms so they can set programmed content access conditions through smart contracts. In essence, consumers will be able to distinguish AI-made content from human-made content through Verify.
TIME has already jumped on this new dedicated chain in time to become the first external partner to register. Fox initially launched a closed beta of Verify sometime in August 2023, and it has done pretty well for itself, with over 300,000 pieces of content signed to the platform. Although most of them were from Fox-related brands, a win is a win, right?
Disclaimer: All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website, HODL FM is not a financial reference resource and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice of this sort, HODL FM strongly recommends contacting a qualified industry professional.
