Polygon is unlocking $640 million in community grants over a decade.
Polygon is unlocking $640 million in community grants over a decade.
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Polygon unlocks community grants worth $640 million for blockchain builders

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

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.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.