On Aug. 2, Mojo Melee, a Polygon network-based NFT gaming project, announced a six-month partnership with global tech and e-commerce giant Amazon. On-chain data analysis explores how the Amazon partnership could impact the MATIC price as NFT trade volume bounces.
Amazon Prime subscribers can now snag a free Polygon NFT on Mojo Melee, an NFT-based gaming project built on the Polygon network. Recent data shows that Amazon has 200 million subscribers globally.
With such a large pool of subscribers, bullish Polygon (MATIC) investors are hopeful that the Amazon partnership could boost adoption and network demand.
The Amazon Partnership Has the Potential to Boost Polygon NFT Trades
According to historical on-chain data, the NFT trade partnership with Amazon can potentially boost the MATIC price. After a week-long downtrend, MATIC NFT trades have been trending upward since the Amazon partnership announcement.
As shown below, Polygon…
