Polygon unlocks community grants worth $640 million for blockchain builders

Blockchain tech and gaming company Polygon announced that its community has voted to unlock the equivalent of $640 million worth of tokens for the purpose of community grants.

The community will unlock a billion tokens in POL/MATIC over 10 years, including 35 million MATIC ($27 million) during Season 01 to fund the best projects across the Polygon Layer 2 blockchain and the Ethereum landscape.