Sequoia Capital India has made a $450 million investment in Polygon, a blockchain network that uses the Ethereum support layer. Polygon aspires to be the Amazon Web Services of the future, with a decentralized version of its infrastructure." Web3 is an abbreviation for World Wide Web 3 "The use of cryptography is a component of this effort. Investors such as Andreessen Horowitz and Tiger Global, two of the most well-known names in venture capital, have been attracted to the Web3 phenomenon by the hype around it.
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