✔️SMAT deployment on Polygon (MATIC)

SMAT is blockchain-agnostic. Our quest for low gas fees and a fast-growing ecosystem, along with the Ethereum network’s significant congestion, were the predominant factors in our decision to initially deploy on Polygon (MATIC), reflecting our uncompromising stance regarding security for our users.

Polygon (MATIC) enables SMAT to establish six fundamental pillars, detailed as follows, each maximizing user experience and enhancing our ecosystem’s capabilities:

• Interoperability: Polygon Chain is EVM compatible which allows for wrapped tokens to be de- ployed on Ethereum and Layer 2 solutions. The network is made interoperable with all existing and future infrastructure of Ethereum.

• Fees: Polygon network offers secure integration with a fraction of the gas fees paid to use the Polygon blockchain. For this reason, when reducing the fees barrier, potential investors will be attracted, retail investors will have an easier way into the platform and we will consolidate existing investors. All of this will contribute to making the platform more efficient while maintaining an extremely high level of security.

• Sustainability: Like other Layer 2 blockchains, Polygon is a low energy blockchain and is over 99.99% more carbon efficient than Ethereum.

• Regulatory Compliance: Operating in the wealth management sector requires compliance with financial regulations. Understanding and adhering to the legal frameworks relevant to digital assets and investments in the jurisdictions where you operate is essential. Polygon, like any other blockchain, operates within the broader regulatory landscape.

• Tokenization: We chose to build the SMAT ecosystem using blockchain technology because it makes the tokenization process very straightforward. In other words, it is a platform that allows users to create a digital asset to represent a tangible, real-life asset. This digital representation can then be divisible. So, investors who cannot afford to buy the entire property can choose to acquire a fraction of the asset as a digital token.

• Scalability: Alternative blockchains have the ability to increase performance while reducing costs due to the competitive prices they are able to offer.

Polygon's history means it already has better integration than most other Layer 2 blockchains. As an example, OpenSea has already integrated Polygon NFTs onto its platform and because of this it's proved very useful for airdrops.