Polygon Is Getting a New NFT Content material Platform

Key Takeaways

  • Polygon is getting a brand new NFT-based content material product by way of Cere Community.
  • DaVinci will allow creators to mint NFTs that unlock unique content material for followers.
  • The NFTs shall be hosted on Cere’s infrastructure providing, Decentralized Information Cloud.

Cere Community is launching an NFT-based content material creation product known as DaVinci on Polygon.

Cere Community Launches DaVinci on Polygon

Polygon is getting a brand new NFT platform aimed toward creators.

The decentralized cloud protocol Cere Community introduced the launch of DaVinci Monday, detailing the way it will allow content material monetization by way of NFTs on Polygon.

In a press launch, the Cere staff stated that DaVinci will give attention to content material creation within the leisure sector. The principle use case shall be giving creators the power to mint NFTs that unlock unique content material for followers, and the platform may even give creators analytics instruments to assist them tailor their content material to NFT holders.

DaVinci is powered by a set of applied sciences developed by Cere, together with a Polygon-based NFT minting service known as Freeport and Decentralized Information Cloud (DDC), a blockchain-focused storage answer for dApps. Collectively, these two applied sciences have helped Cere supply a content material creation and monetization platform for the NFT business.

Freeport, the sensible contract toolset inside DaVinci, will let creators mint and promote NFTs on Polygon. Freeport’s sensible contract performance may even enable creators to gather royalties from each subsequent NFT sale. In the meantime, the content material related to the NFTs shall be hosted on Cere’s Decentralized Information Cloud moderately than the centralized cloud servers many NFT initiatives depend on.

Whereas most NFT content material is just not saved on the blockchain as we speak, Cere co-founder Fred Jin says the venture addresses the problem by decentralizing NFTs with the Polygon staff. Jin stated:

“Most NFT content material is just not saved securely on the blockchain. This can be a drawback just because your NFT can lose its content material and related worth. The DaVinci platform solves this drawback by way of Cere DDC’s safe decentralized content material supply improvements.”

Since final 12 months, NFTs have exploded in recognition and seen elevated adoption within the mainstream. Within the crypto group, digital collectible avatar initiatives like CryptoPunks and Bored Ape Yacht Membership have confirmed notably fashionable. However because the business is fast-evolving, new use instances are rising. One in every of them is giving holders entry to on-line golf equipment and different particular advantages.

In September 2021, Cere landed a $3 million funding from Polygon. It additionally acquired $28 million in a CERE token providing and is backed by Binance Labs and Arrington XRP Capital.

Disclosure: On the time of writing, the writer of this piece owned ETH and MATIC.

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