Blockchain company Polygon Labs and leading Korean mobile carrier SK Telecom have partnered to develop a web3 ecosystem while trying to identify “promising” startups worthy of incubation, the companies said in a statement.
“We see this partnership with SK telecom as an important step in bringing Web3 experiences to more consumers,” Marc Boiron, CEO of Polygon Labs, said in a statement.
The companies signed the agreement at SK Telecom’s headquarters in Seoul.
Polygon blockchain
SK Telecom’s NFT marketplace TopPort will also begin supporting the Polygon blockchain as the two companies look to “discover promising Web3 startups and support incubation.”
Polygon operates a proof-of-stake sidechain network that parallels Ethereum and hosts notable crypto apps such as Uniswap and Aave. The blockchain is considered one of the most popular among web3 gaming startups.