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Polygon (MATIC) and Optimism (OP) Boosted as The Smurfs Enter NFT Market, TMS Network (TMSN) Stuns With 1700% Price Increase

The non-fungible token (NFT) market is not what it once was, but that hasn’t prevented huge brands, such as The Smurfs, from getting into the market. NFT-enabled blockchains like Polygon (MATIC) and Optimism (OP) benefited from this news. However, TMS Network’s (TMSN) token presale, which is currently in its fourth phase, has stolen the show, as the crypto project has already raised more than $5.6 million.

TMS Network (TMSN)

TMS Network (TMSN) operates in the realm of decentralized finance (DeFi). Specifically, TMS Network (TMSN) is a decentralized exchange (DEX) that allows crypto users to swap between different assets, crypto or not, with no central intermediary used for the clearing of trades. While other DEXs exist today, TMS Network (TMSN) intends to solve many of the issues found with those alternative options, such as transaction delays and price manipulation.

In terms of specific features, one of TMS Network’s (TMSN) key selling points is the social trading option. This allows new traders to learn from the top traders on TMS Network (TMSN) rather than attempting to learn everything on their own. In addition to seeing the individual trades made by other TMS Network (TMSN) traders, TMS Network (TMSN) users are also able to execute the same traders as other users on an automated basis.

Polygon (MATIC

A new fellowship program has been launched by Sandeep Nailwal, the co-founder of Polygon (MATIC), and Symbolic Capital, a venture capital firm he co-founded. The Nailwal Fellowship aims to support early-stage Polygon (MATIC) builders who want to transition from Web2 to Web3.

Web3 is a term that refers to the decentralized and user-centric web, where applications are built on blockchains like Polygon (MATIC) and users have more control over their data and identity. Web3 offers new possibilities for innovation and social impact in various domains, including arts and culture.

The Nailwal Fellowship will provide financial assistance, mentorship, and access to a network of Polygon (MATIC) experts and partners for selected fellows. The program will last for six months and will focus on three tracks: NFTs, DAOs, and Polygon (MATIC) DeFi. The application deadline is June 15, 2023.

This is one of the many initiatives that are emerging to foster the Polygon (MATIC) ecosystem and educate the next generation of builders.

Optimism (OP)

Optimism (OP) is one of the leading scaling solutions for Ethereum (ETH), which aims to improve the speed and cost of transactions on the network. Optimism (OP) uses a technique called optimistic rollups, which processes transactions in batches off-chain and posts the data on-chain as calldata. This reduces the congestion and gas fees on the Ethereum (ETH) mainnet, while maintaining its high security and decentralization.

On June 6, Optimism (OP) will undergo its biggest-ever upgrade, called Bedrock. This upgrade will introduce a new modular architecture that separates the Optimism (OP) stack into consensus, execution, and settlement components. This will allow Ethereum execution clients to be converted into Optimism (OP) execution clients, making them more compatible and efficient.

Bedrock is expected to take two to four hours to complete, starting at 16:00 UTC. During this time, deposits and withdrawals will be unavailable on Optimism (OP). The upgrade has been approved by the Optimism (OP) community, with an overwhelming majority of votes in favor.

The problem with buying Polygon (MATIC) or Optimism (OP) right now is that these platforms have already been around for a while, and the layer-two boom could already be over. TMS Network (TMSN), on the other hand, is still just getting started, and anyone getting involved today could stand to benefit greatly if the DEX turns out to be even a minor success.







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