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Fox and Ronin to Use Polygon for Blockchain Innovations
Polygon, a leading layer-2 (L2) scaling solution in the Ethereum ecosystem, recently announced two major partnerships.
The collaborations with Fox Corporation and Ronin Network aim to enhance scalability and security in blockchain gaming and media content verification, leveraging Polygon’s zero-knowledge (ZK) technology.
Polygon, Fox, and Ronin Set to Transform Blockchain Use Cases
Ronin, the sidechain network designed to support the famous play-to-earn (P2E) game Axie Infinity, highlighted that builders on its platform will soon be able to leverage Polygon’s Chain Development Kit (CDK) to create their own zkEVM L2 chains. Additionally, this feature will enable them to deploy games without permission.
In his commentary on the partnership, Jeff ‘Jihoz’ Zirlin, Axie Infinity’s co-founder, emphasized the significant scalability improvements. He also highlighted the potential for more games through permissionless deployment. Zirlin noted the importance of aligning Ronin more closely with Ethereum, particularly through the AggLayer, fostering greater integration beyond the current Ronin bridge.
Read more: What Is Polygon (MATIC)?
On the same day, Polygon announced a partnership with Fox Corporation. The media network giant launched an L2 chain using Polygon CDK.
Fox revealed that the beta version of Verify is transitioning to a dedicated ZK blockchain with the help of Gelato, a rollup-as-a-service platform. Verify allows readers to check whether an article or image genuinely originates from a publisher, provided the media is registered on the platform.
Fox will utilize Polygon’s ZK technology to transition Verify into a dedicated chain focused on transparently proving the authenticity of registered content. The transition to a ZK chain is crucial for adoption. It increases the capacity for content registration on-chain without competing for resources on Polygon PoS.
Furthermore, the Verify protocol helps publishers establish a technical, cryptographic bridge to AI platforms. This enables publishers to set programmatic content access conditions through smart contracts.
Verify will help consumers identify the true content source as AI-generated text and images become more prevalent online. This gives media publishers more control over their relationships with AI platforms that scrape web content. TIME will be the first external partner to register content on this dedicated chain.
Fox initially launched a closed beta of Verify in August 2023. Since then, over 300,000 pieces of content from various Fox-related brands have been signed to Verify.
“In the future, Verify will also have the option to connect to the AggLayer and join a horizontally scalable web of interoperable chains for seamless cross-chain message passing,” the announcement reads.
Read more: How To Create Polygon Smart Contract with Private RPC Endpoint
These partnerships reflect the ongoing growth within the Ethereum ecosystem. A Bitwise report highlighted an 84.65% increase in transaction volume over the past year, largely fueled by Polygon’s contribution. Data also reveals that in Q1 2024 alone, transactions on Polygon within the Ethereum network surpassed $400 million.
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