Bondly Finance will be integrating with Polygon to deliver fast and environment-friendly NFTs. Polygon (formerly Matic) is the preeminent developer of Ethereum scaling solutions and is at the forefront of pioneering L2 technologies. Polygon has established a pedigree for supporting NFT projects including Aavegotchi, Neon District, and Decentraland.
What will the Polygon Integration look like?
Integrating Bondly with Polygon will open the door to cheaper NFT minting, swapping, and selling; making digital collectibles accessible to non-crypto native users. With an active community of NFT collectors already established on Polygon, Polygon community members can soon farm exclusive NFTs on the SuperFarm platform that’ll have utility within AAA Video Games and more. This will enable Polygon holders to farm exclusive. NFTs without inflating the circulating supply.
Additionally, Bondly and Polygon will also set up a fund to contribute to offsetting the carbon footprint as a result of NFT minting.
Ethereum Security Without the Fees
Polygon’s scalable sidechain technology will enable Bondly to enjoy the best of both worlds: the security of the Ethereum mainchain coupled with the low-fee environment of L2 technologies. Because Polygon is compatible with established Ethereum developer tools such as MetaMask and Remix, it’s easier for devs to build on L2.
There is some outstanding work taking place right now in the field of layer-2 scaling, and there is some incredible innovation occurring in the realm of NFTs and digital collectibles. It just so happens that both of these trends have coalesced around Polygon and Bondly’s engagement in the NFT space. This partnership will allow NFTs to be bought and sold with negligible transaction fees and near-instant confirmations. This will create a thriving artwork for digital collectibles that’s open to everyone.
Bondly is an interoperable, transparent and portable swap protocol designed to revolutionize traditional escrow methods and make everyone into their own digital marketplace. Our family of trust-enabling products is designed to be a part of everyday buying and selling giving peace of mind for swap or online purchases. Our product BondProtect is a Defi enabled eCommerce gateway specializing in integrating into your favorite online marketplaces very simply and easily with no integration fees, just staking tokens.
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Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Matic POS, designed for flexibility and independence. Polygon’s Layer 2 Chains have seen widespread adoption with 90+ Dapps, ~7M txns and ~200K unique users.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.