MERCEDES BENZ AND ITS INFLUENCE ON THE CRYPTO MARKET

in LeoFinance2 years ago

Author: @madridbg, through Power Point 2010, using public domain images. Joakin Vivas


Greetings and welcome dear users of this prestigious platform, the topic that concerns us in this opportunity, is related to the alliances that are being made between the Polygon network associated with the MATIC cryptocurrency and the Mercedes Benz car company.

So it is no secret that this luxury car manufacturing company has its bases anchored in a traditional economy model and the fact of putting its perspective in the cryptographic world and in the blockchain in general, allows us to glimpse how large investors identify clear opportunities in the world of the decentralized economy.

In this sense, the relationships that are carried out are associated with the Polygon network, which has managed to generate an increase in the cryptocurrency associated with this project, which has allowed the network to obtain economic movements that exceed 320 million dollars in market capitalization.


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This figure projects a daily economic movement of more than 1.78 billion dollars through the MATIC cryptocurrency, all as a consequence of a level of speculation at a fundamental analysis level associated with the alliance.

Based on the above, it is valid to ask ourselves what is the basis of the alliance between Polygon and Mercedes Benz, according to the literature review and in order to answer this question, the alliance is based on the creation of a database or secure exchange platform which has been named Acentrik and which will be executed based on a blockchain associated with Polygon.

So that through the construction of this platform, the Mercedes Benz company can diversify its products, ensuring that companies and users manage their products and exchange data securely, between companies associated with vehicle insurance vehicle insurance, clinical trials and all under a decentralized approach, reliable, immutable as all services offered by blockchain networks.


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Therefore, it is not a secret that the Polygon network is used for this type of alliances, since it is one of the projects where the main scalability protocol is executed based on a double layer.

For which it is assumed, as one of the largest and most innovative projects within the blockchain world and decentralized finance, in this sense, we can see how the Polygon project continues to diversify and beyond Mercedes-Benz are also running projects through companies such as Nothing Technology and projects of The Walt Disney Company.

This allows us to identify that large companies and brands associated with a traditional economy are adopting the Polygon project to promote their products and services, which is a guarantee of stability that in the first instance presents the network and promotes the substantial growth of the cryptographic world.

Under this is these scenarios, Polygon today is in the 12th position of the main cryptocurrencies in fusion to the amount of market capitalization that presents the same, so it is a project that should be taken into account when developing our investment portfolio, since it is assumed as an asset that is projected in the long term and that allows substantial balances at an economic level.


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1. The design of the portal was made by @madridbg, using public domain images

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Polygon indeed has built a huge reputation lately regarding NFT competence and secured several deals with companies. 💪🏻

Greetings my friend, no doubt its projection and alliance point to become a great project with the passing of time, hence I believe that MATIC's price is undervalued at this time.

Agreed, MATIC hat Showmaster relative strength the Last weeks and I am pretty sure it will outperform in the next bull market. 📈