V16: Polygon & Palantir

Hello Premium Subscriber,

We share bi-weekly commentary with premium investors on stocks/cryptos in our strategy which have appreciated and/or depreciated greatly during the past week(s). This helps to keep you informed of the most pertinent developments and what we think it means going forward.

Polygon (Matic) +30% 📈

Polygon is the Layer 2 cryptocurrency platform focused on building and connecting Ethereum-compatible blockchain networks. In simple terms, Polygon allows you to transact for pennies in comparison to hundreds it costs per transaction on Ethereum (Layer 1). In the past week, they acquired ZK rollup startup Mir Protocol and signed a deal with the NFL/Draftkings.

Polygon | $MATIC - We're hiring! @0xPolygon

1/8 It's official: #Polygon welcomes @mirprotocol, a groundbreaking ZK startup in a $400M deal! Mir's amazing team developed the world’s fastest ZK scaling tech; we are joining hands to utilize it and build Polygon Zero - a highly-scalable, Ethereum-compatible ZK Rollup. 🦄💫

The combination of the massive increase in volume and use the network will achieve over the next year stands to continue it’s acceleration as a premier name in the blockchain space. We believe strongly in the impressive team and continued growth of Polygon. Adding the $MATIC token to a long-term portfolio while it’s 30% below it’s ATH is an opportunity we wouldn’t pass up.

DraftKings signs deal with NFL Players’ Association. - Forbes