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Permission Migrates To Polygon (MATIC)

Max Clark by Max Clark
April 26, 2022 - 10:53 pm
in altcoins news, blockchain news, metaverse news
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Today Permission announced partnership with Polygon (MATIC) and the migration of ASK to the Polygon blockchain

Permission.io is one of the world’s leading supplier of permission-based Web3 advertising. The company announced that it is transitioning away of its own proprietary blockchain to Polygon. Truly the world’s leading Ethereum scaling solution, as part of its ongoing digital transformation. The migration is one of the steps in a sequence of processes. That will eventually make the $ASK token available and compatible with all main protocols.

Polygon is widely regarded as the leading Ethereum scaling solution. Gaining extensive use among more than 7,000 decentralized applications (Dapps) and more than 100 million unique users. It is completely compatible with Ethereum and allows for far quicker and more cost-effective transaction processing than the Ethereum mainnet can provide.

Because of Polygon’s lightning-fast speeds and cheap transaction fees, the move will enable Permission’s crypto-rewarded advertising network to reach massive scaling. Polygon’s infrastructure solutions will be critical to the decentralization and expansion of Permission’s system. Which allows advertisers to operate worldwide campaigns on the open web in an efficient and cost-effective manner. While rewarding clients in $ASK for their interaction and permission to share data. Furthermore, Polygon will improve ASK utility by providing integration with the MATIC and Ethereum ecosystems. Featuring access to DeFi, staking, wallets, and other features.

Charlie Silver, CEO of Permission.io, says: “Once launched on Polygon, we anticipate rapid acceleration of our advertising ecosystem, supporting our scale to millions of daily transactions and enabling $ASK to become the most widely used reward in digital advertising. Looking ahead, when a user anywhere in the world earns from engaging with a crypto-rewarded ad, it will be powered by Polygon.”

Beginning in early May 2022, $ASK holders and Permission holders will have access to a $ASK Bridge to the Polygon Network. People may use this bridge to transmit $ASK to the Polygon Network, then to the Ethereum network if they choose. More information about the bridge will be released as the migration date approaches. 

Tags: BlockchainCryptoCryptocurrencyDeFiEcosystemEthereumMATICMetaversePolygonWeb3
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Max Clark

Max Clark

Max Clark is a content writer specialising in the cryptocurrency space. He is very enthusiastic about altcoins, NFTs, and the Metaverse. Max is convinced that the network is capable of replacing the existing global monetary system and granting financial independence to billions of people all over the world. Max loves to go on adventures, play sports, and read books when he has free time outside of work. He has also worked in the financial industry before, so he knows how the world's banking system works and how to deal with clients in the tech and finance industries.

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