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		<title>What is Polyhedra Network? What are its advantages?</title>
		<link>https://coinengineer.net/blog/what-is-polyhedra-network-what-are-its-advantages/</link>
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		<pubDate>Mon, 22 Jan 2024 15:25:07 +0000</pubDate>
				<category><![CDATA[Altcoin Projects]]></category>
		<category><![CDATA[Project review]]></category>
		<category><![CDATA[airdrop]]></category>
		<category><![CDATA[Alpha Mainnet]]></category>
		<category><![CDATA[decentralized]]></category>
		<category><![CDATA[KuCoin]]></category>
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		<category><![CDATA[nft marketplace]]></category>
		<category><![CDATA[Polyhedra Network]]></category>
		<category><![CDATA[Polyhedra SDK]]></category>
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		<category><![CDATA[zero knowledge proof]]></category>
		<category><![CDATA[ZkBridge]]></category>
		<guid isPermaLink="false">https://coinengineer.io/blog/?p=10238</guid>

					<description><![CDATA[<p>Polyhedra Network is building the next generation infrastructure for Web3 interoperability, scalability, and privacy through advanced zero-knowledge proof (ZKP) technology. Polyhedra Network provides reliable and high-performance interoperability solutions for asset transfers, message passing, and data sharing between various Web2 and Web3 systems. You might like: What is the Nibiru (NIBI) Project and What Does It</p>
<p>The post <a href="https://coinengineer.net/blog/what-is-polyhedra-network-what-are-its-advantages/">What is Polyhedra Network? What are its advantages?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-sourcepos="5:1-5:326"><span class="citation-0 citation-end-0">Polyhedra Network is building the next generation infrastructure for Web3 interoperability, scalability, and privacy through advanced <strong>zero-knowledge proof (ZKP)</strong> technology.</span> Polyhedra Network provides reliable and high-performance interoperability solutions for asset transfers, message passing, and data sharing between various <strong>Web2</strong> and <strong>Web3</strong> systems.</p>
<blockquote>
<p data-sourcepos="5:1-5:326">You might like: <a href="https://coinengineer.net/blog/what-is-the-nibiru-nibi-project-and-what-does-it-do/" target="_blank" rel="noopener"><span style="text-decoration: underline;"><strong><em>What is the Nibiru (NIBI) Project and What Does It Do?</em></strong></span></a></p>
</blockquote>
<p data-sourcepos="5:1-5:233"><strong>ZkBridge</strong> is a new generation bridge system that can perform transactions faster and cheaper than other bridge dApps. Transactions from Cosmos to Ethereum, for example, can be sent in 2 minutes and at a lower cost, according to tests.</p>
<p data-sourcepos="7:1-7:212">Polyhedra zkBridge was founded to enable <strong>Layer 1</strong> and <strong>Layer 2</strong> to work together on top of the LayerZero protocol. It also developed the <strong>zkLightClient</strong> technology, which is a solution for cross-chain infrastructures.</p>
<p data-sourcepos="9:1-9:175">The Polyhedra zkLightClient technology works seamlessly with <strong>LayerZero</strong>&#8216;s messaging protocol. This allows developers to easily perform transactions without leaking information.</p>
<p data-sourcepos="11:1-11:18"><strong>Supported Networks</strong></p>
<p data-sourcepos="13:1-13:192">Polyhedra Network plans to launch its token bridge systems along with the &#8220;<strong>Alpha Mainnet</strong>&#8220;. This will allow you to send your NFTs and tokens to the recipient chain at a lower cost via zkBridge.</p>
<p data-sourcepos="15:1-15:158">Polyhedra zkBridge supports networks such as <strong>BSC</strong>, Ethereum, Matic, <strong>Avax</strong>, Optimism, and <strong>Arbitrum</strong>. You can see the detailed network list in the following image:</p>
<p data-sourcepos="15:1-15:158"><img fetchpriority="high" decoding="async" class=" wp-image-10331 aligncenter" src="https://coinengineer.net/blog/wp-content/uploads/2024/01/Polyhedra.jpg" alt="Polyhedra" width="814" height="231" srcset="https://coinengineer.net/blog/wp-content/uploads/2024/01/Polyhedra.jpg 768w, https://coinengineer.net/blog/wp-content/uploads/2024/01/Polyhedra-300x85.jpg 300w" sizes="(max-width: 814px) 100vw, 814px" /></p>
<h2 data-sourcepos="17:1-17:22"><span style="font-size: 75%;"> Polyhedra Network Investors?</span></h2>
<p data-sourcepos="19:1-19:290">Polyhedra Network has raised 2 rounds of investment funds so far. In the first round, it managed to raise a fund of $10 million under the name of &#8220;Strategic Partnership&#8221;. In this round, it received investment from major companies such as Binance Labs, PolyChain Capital, and Animoca Brands.</p>
<p data-sourcepos="19:1-19:290"><img decoding="async" class=" wp-image-10332 aligncenter" src="https://coinengineer.net/blog/wp-content/uploads/2024/01/Polyhedra-Network-1.jpg" alt=" Polyhedra Network" width="866" height="177" srcset="https://coinengineer.net/blog/wp-content/uploads/2024/01/Polyhedra-Network-1.jpg 768w, https://coinengineer.net/blog/wp-content/uploads/2024/01/Polyhedra-Network-1-300x61.jpg 300w" sizes="(max-width: 866px) 100vw, 866px" /></p>
<p data-sourcepos="21:1-21:205">Polyhedra Network raised $15 million in funding under the name of &#8220;PRE-SERIES A&#8221;. In this round, it received investment from major companies led by <strong>KuCoin Ventures</strong>, Foresight Ventures, and <strong>Hashkey Capital</strong>.</p>
<p data-sourcepos="21:1-21:205"><img decoding="async" class="wp-image-10333 aligncenter" src="https://coinengineer.net/blog/wp-content/uploads/2024/01/Polyhedra-Network-2.jpg" alt=" Polyhedra Network" width="882" height="194" srcset="https://coinengineer.net/blog/wp-content/uploads/2024/01/Polyhedra-Network-2.jpg 768w, https://coinengineer.net/blog/wp-content/uploads/2024/01/Polyhedra-Network-2-300x66.jpg 300w" sizes="(max-width: 882px) 100vw, 882px" /></p>
<p data-sourcepos="23:1-23:139"><strong>Polyhedra</strong>&#8216;s investment rounds are ongoing. They will likely be able to raise additional investment in the coming process.</p>
<h3 data-sourcepos="25:1-25:40"><span style="font-size: 90%;">Polyhedra Network Token Possibility?</span></h3>
<p data-sourcepos="27:1-27:122">Although there are certain clues about this in the medium articles, there is no detailed explanation about this topic yet.</p>
<p data-sourcepos="29:1-29:42"><strong>Polyhedra Network Airdrop Possibility?</strong></p>
<p data-sourcepos="31:1-31:172">Since Polyhedra Network is a project that is invested in by major exchanges such as <strong>Binance Labs</strong> and Kucoin Ventures, it is a project with the potential to make an <strong>airdrop</strong>.</p>
<p data-sourcepos="33:1-33:155">Although it is not known whether they will have their own tokens, there is a possibility that Tokenomics will be shared soon thanks to these two exchanges.</p>
<p data-sourcepos="35:1-35:79">Here are some things you can do to increase your chances of winning an airdrop:</p>
<ul data-sourcepos="37:1-41:0">
<li data-sourcepos="37:1-37:53">Join the project <strong>Discord</strong> channels and collect roles</li>
<li data-sourcepos="38:1-38:57">Go to the project website and bridge with existing <strong>NFTs</strong></li>
<li data-sourcepos="39:1-39:71">Collect points through their &#8220;Loyalty Program&#8221; launched through <strong>Galxe</strong></li>
<li data-sourcepos="40:1-41:0">Follow new updates.</li>
</ul>
<p><img loading="lazy" decoding="async" class="aligncenter wp-image-10334" src="https://coinengineer.net/blog/wp-content/uploads/2024/01/Polyhedra-Network-Airdrop.jpg" alt=" Airdrop" width="899" height="486" srcset="https://coinengineer.net/blog/wp-content/uploads/2024/01/Polyhedra-Network-Airdrop.jpg 768w, https://coinengineer.net/blog/wp-content/uploads/2024/01/Polyhedra-Network-Airdrop-300x162.jpg 300w" sizes="auto, (max-width: 899px) 100vw, 899px" /></p>
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<p>The post <a href="https://coinengineer.net/blog/what-is-polyhedra-network-what-are-its-advantages/">What is Polyhedra Network? What are its advantages?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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