Sequoia just invested 450 million dollars into Polygon, This is not only big for Polygon it is big for Ethereum too.

This news literally just dropped on CNBC. Sequoia The Silicon Valley venture capital firm led a $450 million investment in Polygon. I think this is massive as far as mass adoption for Polygon is concerned. A VC like this putting in this kind of money into your product speaks volume.

These are people who have ran many successful companies and businesses. They know a successful product or ecosystem when they see it. I think when VCs invest into something this intensely then we as small time investors should take note. These people have teams of researchers, they know a ton that we don't about tech and the market.

Frankly with how things have been going for Polygon. I'm not surprised to see this kind of money starting to circulate and these kinds of people starting to take note. 1M users on Opensea, The fastest ZK around and the fact that the ecosystem went from 3,000 dApps to 7,000 dApps in a couple of months are things to take note of for sure.

"Polygon plans to allocate $100 million of the funding to an “ecosystem fund” supporting the development of new projects on its network. The rest will serve as “buffer money” to help Polygon’s 240-person team continue building out the platform in the years to come." - A quote from the CNBC article.

I think the above quote speaks volumes to Polygon's plans for the future and I'm incredibly excited to see where this is going to go. I think this is massive for Ethereum as well as all of these scaling solutions people have been so bullish on are built on our very own L1 king.