The Conglomerate Mark Cuban Disburses Funds For Polygon Cryptocurrency

Mark Cuban becomes MATIC (Forbes) crypto money investor

JAKARTA - Investors and billionaires from the US, Mark Cuban, are reported to have become a rising cryptocurrency investor, Polygon (MATIC). This information was reported by one of Matic's developers, Sandeep Nailwal.

Previously, Cuban was a supporter of Dogecoin (DOGE). He opened the purchase of basketball club merchandise, Dallas Mavericks using DOGE.

MATIC said that currently, it has become part of the Mark Cuban company portfolio. According to the Forbes report, Cuban has a net worth of USD 4.4 billion. He has invested in more than 100 companies.

“We have spoken with a lot of investors, but our discussions with Mark Cuban have been absolutely incredible. It's spectacular to know that the industry, technology, and adoption nuances we come across after months of (experiencing) difficulties. He has thought about it and has questions on his mind", Nailwal said as quoted by CoinDesk.

Polygon cryptocurrency or also known as MATIC was founded in 2017 by 3 software engineers from India, namely Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. Then Mihailo Bjelic who came from Serbia was added as one of the founders of Polygon.

Polygon is the first platform that is well managed and provides convenience for Ethereum scalability and infrastructure development. Polygon aims to improve the function and convenience of the current decentralized ecosystem.

Polygon provides a solution to help the decentralized finance protocol (DeFi) reduce high gas costs and slow transaction speeds without compromising system security.

Polygon investor Mark Cuban is expected to help boost Polygon's growth. Cuban is reported to have integrated MATIC with Lazy.com as the NFT auction platform. This is considered to make it easier for many people to participate in NFT assets.