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MATIC: Polygon Labs Partners With South Korea’s SK Telecom

MATIC: Polygon Labs Partners With South Korea’s SK Telecom

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The blockchain firm behind MATIC, Polygon Labs, has entered right into a partnership with South Korean cellular big SK Telecom. The partnership goals to develop Web3 ecosystems and determine promising startups for incubation. Both corporations signed an settlement at SK Telecom’s headquarters in Seoul. Oh Se-hyun, Vice President and Head of Web3 CO of SKT, and Marc Boiron, CEO of Polygon Labs, have been current on the signing. Boiron said,

“We see this collaboration with SK Telecom as an important step in providing Web3 experiences to more consumers.”

The SK Telecom Vice President additionally added, “By combining our experience in blockchain services and Polygon Lab’s blockchain infrastructure and ecosystem, we will be able to create valuable business opportunities and boost the Web3 ecosystem.”

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What are the advantages of Polygon (MATIC) partnering with SK Telecom?

Polygon Labs Lays off 20% of its Employees
Source: Medium

One of the priorities of the partnership is to find and incubate promising startups throughout the Web3 trade. Moreover, the 2 corporations will assist the entry of worldwide startups into South Korea. They can even permit the entry of high international decentralized apps (dApps) into the home Korean market.

SK Telecom’s NFT (non-fungible token) market, TopPort, will quickly start supporting the Polygon (MATIC) blockchain. With the partnership, TopPort will permit customers to mint Polygon-based NFTs. Moreover, they are going to be appropriate and scalable with different NFT platforms throughout the Polygon ecosystem. SK Telecom’s web3 pockets, deliberate for launch within the second half of 2023, can even be appropriate with the Polygon community. The pockets can even introduce NFT buying and selling.

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