GM Readers!📪 It's BitDegree Insider, and let's press that activation button.
⭐️Today's selection:
- 💌News From Google
- 🪙Polygon's New Token
- 🏅Legend of The Week
- 🧩️Thursday Quiz
- 👌Selected Meme of The Day
- 📰Bite-Sized News
NEWS FROM GOOGLE
Google Play, a place known for its vast array of mobile apps and games, has stepped into the crypto-friendly realm with a significant policy shift!
No longer a skeptic, this tech behemoth has thrown open its doors to developers keen on integrating digital assets, from commonplace tokens to the more exotic NFTs, into their apps.
The move marks a radical departure from Google Play's previous stance, demonstrating its adaptability in the rapidly evolving digital landscape.
Developers, too, have a new responsibility on their shoulders. They're now required to make it crystal clear within the Play Console that their apps are no ordinary ones; instead, these applications hum with the rhythm of blockchain technology.
As Google Play continues to adapt and innovate, its policy changes not only embrace the digital revolution but also foster a playground for developers to weave in the intricate and fascinating patterns of the blockchain tapestry into their creations.
Undoubtedly, this shift is set to spur a wave of new, exciting experiences for its vast user base, all the while advancing the crypto frontier.
As the saying goes… Keep on knocking, and the door will be opened!
TL;DR: Google Play has undergone a significant policy shift, welcoming developers to integrate digital assets, including cryptocurrencies and NFTs, into their mobile apps. This move demonstrates Google Play's adaptability in the evolving digital landscape, offering developers a chance to explore the potential of blockchain technology and creating new experiences for users.
POLYGON'S NEW TOKEN
Polygon 2.0 has finally been introduced! Finally, a bit of clarity for all crypto users.
The token will now be "hyper-productive," and yes... this is not about MATIC!
MATIC will be converted into POL, 1:1 (subject to voting approval, among validators, of course).
Once the proposal is accepted, network validators will be able to support multiple chains using a single token.
To understand all this, you can take a look at the screenshot below. Polygon is planning to transform into a unique super-mega-chain with its internal Layer-0 (Staking Layer) that will interact with all networks.
It's important to understand that the transition won't happen immediately. Developers are allocating a whole four years to implement the idea. No airdrop has been announced accordingly. The final traits of POL tokenomics are expected to be almost identical to what Matic currently has, as this is just an upgrade.
However, the specifics are yet to be refined based on the feedback received. So, overall, the details still remain a mystery.
TL;DR: Polygon 2.0 has been introduced. The transition involves converting MATIC into POL and implementing a super-chain with a Layer-0 Staking Layer to interact with multiple networks, but the process will take four years and details regarding tokenomics and airdrops are yet to be announced.
BitDegree LEGEND OF THE WEEK
You know what. Time to appreciate the legends. The legends that are… None other than you, our readers. From now on, we'll have a weekly appreciation hour. During it, we'll shine the spotlight on our readers and their kind words about their relationship with our newsletter!
Thanks for your kind words, and we hope that more readers relate to this comment!
THURSDAY QUIZ
It's Thursday. You know what that means. It's time to turn on that thinking machine of yours, and get to solving quizzes, puzzles, and riddles!
To commemorate our farewell to Matic, we've thrown a party! Hunt down the Matic logo and join in the celebration. Even though logo will likely stay the same under the stewardship of POL, it's a moment to remember.
SELECTED MEME OF THE DAY
BITE-SIZED NEWS
- Telegram Bot Wallet Launches Crypto Payment Solution on TON Blockchain. In the rapidly changing landscape of cryptocurrency payments, Telegram messenger has taken another significant stride.
- Blockchain Gaming Startup Spielworks Introduces NFT Refunding Program. Owners of "reverties" will soon be able to receive a full refund for their NFTs.
- Despite the Rise in Ransom Attacks, Crypto Scams Plunge by 77% in 2023. Ransomware attacks are becoming a major problem in the cryptocurrency ecosystem.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.