Announcing the integration of Ibiza Token with Polygon/Matic

Ibiza Token
2 min readJun 29, 2021

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As a key milestone of the Ibiza Token’s roadmap, we are happy to announce the integration with Polygon (Matic) that is going to mark the start of the main developments of IBZ on Layer 2 and open the way to lead the project forward under the banner of innovation.

Polygon — formerly Matic — is a protocol designed for building and linking Ethereum-compatible (ETH) blockchain networks in order to provide scalable, secure, and instant transactions using their plasma proof of stake chain.

The integration with Polygon will allow the Ibiza Token holders to benefit from fast, low-cost transactions and access a series of features on Polygon’s chain such as minting NFTs, creating farms, and other Defi products within an environment that avoid large gas fees and save on network congestion time.

This is our official contract address on Polygon :

0x428ac1de3fc08c0f3a47745c964f7d677716981f

https://polygonscan.com/token/0x428ac1de3fc08c0f3a47745c964f7d677716981f

About Ibiza Token

Ibiza Token is an ERC-20 governance token on the Ethereum Mainnet, created expressly for the island of Ibiza.

Ibiza Token (IBZ) aims to be a habitual means of exchange and payment gateway for all the Ibiza lovers within the Island and worldwide by growing in vision to a globally tradeable coin with full smart-contract capabilities.

Liquidity pools, farming contracts and, AMMs alongside the benefit of a series of incentives within transactions with local businesses are some of the key features encompassed by Ibiza Token which is fully aligned with the standards aimed at surpassing the corporate-capture vulnerabilities of DAOs.

Besides being a habitual means of exchange and a decentralized payments and transactions gateway, Ibiza Token will enrich the holders’ experience through Ibiza Pay, a dedicated iOS/Android application that provides with the opportunity to join special deals across a hand-picked selection of local tourism establishments and discover music and art from the island in the first Ibiza non-fungible token marketplace.

Website: https://ibizatoken.com

Twitter: https://twitter.com/IbizaToken

Telegram: https://t.me/ibztoken ( community)

https://t.me/ibizatoken (official announcements)

Etherscan: https://etherscan.io/token/0x5aa7c403c7de4b3bb0cc07079a03e389671a4771

Polygonscan: https://polygonscan.com/token/0x428ac1de3fc08c0f3a47745c964f7d677716981f

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Ibiza Token

The first Ibiza's Decentralized Application. Connecting local content creators and businesses to a global audience by leveraging blockchain technology.