Polytrade Set to Launch Mainnet on Polygon

Everything about the major update

January 07, 2022 12:39 PM EST | Source: CaphIQ

Dubai, United Arab Emirates--(Newsfile Corp. - January 7, 2022) - After successfully launching Minimum Viable Product (Testnet), Polytrade is set to launch the Mainnet built to leverage blockchain technology to provide open Trade Financing Avenues for SMEs. Built with cutting-edge technology and state of the art features, Polytrade seeks to empower Small and Medium Enterprises (SMEs) by making crypto accessible to them through low interest and swift financing.

Read this important post closely for a look ahead at the immediate and long-term future for Polytrade.

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Figure 1: Polytrade Set to launch Mainnet on Polygon Everything about the major update

Testnet!

Since its conceptualization almost a year ago in the first quarter of 2021, Polytrade has quietly but consistently hit milestone after milestone. The month of October saw some crucial highs with the Chainlink partnership announcement and MVP unveiled at the World Blockchain Summit 2021 in Dubai on 13-14 October 2021.

The community continues to explode!

In November, Polytrade saw a series of successful listings, including Kucoin, and witnessed good momentum in the community and trading volume. Polytrade did a series of marketing campaigns with MEXC, BitMart - all of which were very successful. Catering to its Indian community, Polytrade got listed on one of the most popular cryptocurrency exchange, CoinDCX, which serves over 7.5 million users in the first quarter of 2022.

Stepping into the Metaverse and identifying problems!

Following the listings in November, Polytrade announced Polytrade Meta, which seeks to pre-empt and solve problems in enterprise-to-enterprise transactions and enable a truly decentralised version of the metaverse.

Collaborating with Polygon!

The co-founder of Polygon, Mr. Sandeep Nailwal is an early investor in the project and has been quite bullish on Polytrade in general. Infact, it was Founder of Polytrade and IIT Bombay Alumni Piyush Gupta and Polygon Cofounder Sandeep who identified the opportunity in the Metaverse space for enterprise-to-enterprise transactions during their meetup at World Blockchain. With that, Polygon was onboarded as the first customer for Polytrade Meta.

Stay tuned to Polytrade's official channels for the latest partnerships, launches, and updates. The team would also like to thank the community and partners for displaying faith in the vision and their endless support. Polytrade has come a long way from Minimum Viable Product to Mainnet launch, and the journey has just begun!

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Media Contacts:

Name: Ashutosh Sahoo
Official Email: ashutosh@polytrade.finance
Company: Polytrade

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