LABS Group Join Forces with Polygon to Improve Transaction Quality for Users on Ethereum

LABS Group Join Forces with Polygon to Improve Transaction Quality for Users on Ethereum


As you’ve heard, two good heads are always better than one. LABS Group has taken a step towards success by deploying a smart contract on Polygon Network.

LABS Group is a real estate digitization ecosystem that comprises advisory crowdfunding and security exchange. Even though digitized investments have positive yields and capital appreciation, the obstacle has always been that the entry to these investments is very high. LABS Group aims to innovate ideas by digitizing and making real estate liquid and easy to be involved with.

LABS, having been built on the Ethereum platform, raised concerns in regard to the high gas fees in the network with its increasingly heavy traffic. This complication creates accessibility barriers and discourages transactions for its users.

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Polygon’s integration with the LABS group provides a solution that will assure many users by allowing them to conduct transactions with fewer gas fees. With the implementation of this solution, LABS users can also process transactions faster now.

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