Polygon Is Getting a New NFT Content Platform

Key Takeaways

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

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Cere Network is launching an NFT-based content material creation product referred to as DaVinci on Polygon.

Cere Network Launches DaVinci on Polygon

Polygon is getting a new NFT platform aimed toward creators.

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

In a press launch, the Cere staff mentioned that DaVinci will deal with content material creation within the leisure sector. The essential use case can be giving creators the flexibility 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 referred to as Freeport and Decentralized Data Cloud (DDC), a blockchain-focused storage resolution for dApps. Together, these two applied sciences have helped Cere supply a content material creation and monetization platform for the NFT business.

Freeport, the good contract toolset inside DaVinci, will let creators mint and promote NFTs on Polygon. Freeport’s good contract performance may even permit creators to gather royalties from each subsequent NFT sale. Meanwhile, the content material related to the NFTs can be hosted on Cere’s Decentralized Data Cloud fairly than the centralized cloud servers many NFT initiatives depend on.

While most NFT content material isn’t saved on the blockchain immediately, Cere co-founder Fred Jin says the undertaking addresses the problem by decentralizing NFTs with the Polygon staff. Jin mentioned:

“Most NFT content material isn’t saved securely on the blockchain. This is 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 yr, NFTs have exploded in recognition and seen elevated adoption within the mainstream. In the crypto group, digital collectible avatar initiatives like CryptoPunks and Bored Ape Yacht Club have confirmed notably widespread. But because the business is fast-evolving, new use instances are rising. One 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: At the time of writing, the creator of this piece owned ETH and MATIC.

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