What is Polygon?
Polygon is a layer-2 protocol running on Ethereum that resolves the long-standing issue encountered by the Ethereum chain – Network congestion and higher gas fees. It was started in 2017 as Matic. It aims to transform Ethereum into an internet of blockchains like Cosmos and Polkadot while utilizing the robustness and security features of Ethereum. Polygon uses the Proof-of-Stake (POS) system, which results in the chain’s higher network speed and lower gas fees.
Why Develop an IDO Launchpad on Polygon?
With its overall experience with blockchain technology, Blockchain App Factory has gone leaps and bounds in developing applications on newer protocols like Polygon. Our IDO launchpad development on Polygon includes all the features that such a platform should contain while incorporating the elements of the Polygon blockchain. Our experts ensure that state-of-the-art technological practices are applied while developing your new IDO launchpad on Polygon. The outcome would be such that your IDO launchpad would not face network congestion even if a large number of users are present and lower transaction fees are incurred. This increases the amount of returning users and hence, builds a bigger user base.