Polygon Teams Up With Samsung To Power Its New Decentralized Web3 Service

Samsung has teamed with the Polygon-based streaming app Savage to provide high-quality photos and movies to Web3 users.

Savage, a Polygon network streaming program, has teamed with Samsung, a prominent manufacturer of electrical devices, to enable Web3 users with access to high-quality photos and movies. The streaming protocol claimed on Twitter that its collaboration with the firm will aid in the advancement of the Web3 solutions that it presently delivers.

Savage, a polygon-based company, teams up with Samsung.

According to Savage, its Smart TV software may help with the smooth integration of an IRL display. Furthermore, the software is secured by rights-managed contracts that are embedded in the metadata, giving it the ability to reach more than 25 million homes.

Furthermore, it allows clients to obtain high-quality uploads from any marketplace. According to Savage’s most recent article, the maximum size of these uploads is 8K. On the other hand, the blockchain-powered streaming app will have access to Samsung’s vast global audience.

Starting the year with a bang 💥
@thesavageapp + @Samsung are bringing you the highest quality photos & videos in Web3, and it’s happening #onPolygon 🔥 https://t.co/3Q5dcPzuFx

— Polygon – MATIC 💜 (@0xPolygon) January 4, 2023

Polygon’s Developing Applications

Polygon has maintained its commitment to promoting the development of DeFi apps. Polygon, which has a high approval rate, presently hosts over 53,000 decentralized projects as of the time of this writing. Polygon was reported to be responsible for the facilitation of over 960 million transactions, the deployment of 778,000 smart contracts, and the engagement of 234,000 contract developers in 2022.

Only a few months ago, Samsung and Google announced an extension of their partnership to improve the smart-home experience. Samsung has been aggressively creating strategic alliances in order to increase its market position and retain its status as a household name in the electronic products and technology industries.

In addition, Meta published a toolkit in November that allows Instagram users to mint and trade NFTs using the Polygon platform. As a result, Instagram content producers may now make and sell digital artifacts both within the platform and outside of it.

At the time of writing, the price of Polygon (MATIC) is $0.80. According to cryptocurrency market tracker CoinMarketCap, this indicates a 3.8% growth in the last 24 hours, compared to a 2.27% increase in the previous seven days.

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