Polygon Is Getting a New NFT Content material Platform


Key Takeaways

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

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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 via NFTs on Polygon.

In a press launch, the Cere group stated that DaVinci will give attention to content material creation within the leisure sector. The primary use case will probably be giving creators the flexibility to mint NFTs that unlock unique content material for followers, and the platform may also 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 provide a content material creation and monetization platform for the NFT trade.

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

Whereas most NFT content material will not be saved on the blockchain immediately, Cere co-founder Fred Jin says the undertaking addresses the difficulty by decentralizing NFTs with the Polygon group. Jin stated:

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

Since final yr, NFTs have exploded in reputation and seen elevated adoption within the mainstream. Within the crypto neighborhood, digital collectible avatar tasks like CryptoPunks and Bored Ape Yacht Membership have confirmed significantly in style. However because the trade is fast-evolving, new use circumstances are rising. One in all 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 obtained $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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