Selfient on Polygon
Selfient has decided to operate on the Polygon Network for a few reasons:
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Selfient has decided to operate on the Polygon Network for a few reasons:
Last updated
1) Reliability, Security, and Performance:
Selfient remains in the Ethereum ecosystem versus choosing another L1 network such as Solana, due to the reliability, performance, and security of an Ethereum L2.
2) Market Share and Usage:
According to market data, Polygon currently holds the largest market share among L2 solutions at 44.7%. Making it the most widely utilized L2 solution on the market.
3) User Costs and Gas Fees:
The costs associated with minting a contract on Polygon are extremely inexpensive compared to the Ethereum Main Network. Minting a contract on Polygon can range anywhere between a few cents to a few dollars. Lowering costs for the user base was an essential effort for Selfient, in order for the user can focus directly on maximizing profits and mitigating costs.