Solana-based non-fungible tokens y00ts and DeGods are leaving the platform. The NFT projects confirmed they will switch to Polygon and Ethereum in Q1 2023. They are the top-ranking Solana-based collections on OpenSea. y00ts and DeGods confirmed (in separate statements) plans…
Warner Music Group continues to create alliances with Web3 firms, this time sealing a deal with DressX, a startup that creates digital wearables on and off the blockchain. Through the partnership, Warner Music artists can create and license digital wearables…
Polygon – a decentralized platform for Ethereum scaling – has declared to have the Ocean Conservation Exploration and Education Foundation (OCEEF) as its partner to increase ocean literacy via the Metaverse-based unique, creative, interesting, as well as entertaining methods to…
Polygon enjoyed an impressive week as the alternative token chased a milestone with decentralized finance (DeFi). It’s now the 5th latest platform in DeFi TVL (total value locked) after surpassing Solana. DefiLlama data shows Polygon’s recent TVL at $2.07 billion,…
Polygon is among the leading crypto participants in the decentralized finance (DeFi) and investment sector. The project has seen impressive growth within the last few weeks. Nevertheless, this growth isn’t in line with more extensions as the altering network dynamics…
Polygon has been in progress into scaling ETH since its arrival with enhanced speed and substantially reduced gas fees. Every journey has its challenges. The problem wherein ZK smart contracts restrict users as the contracts are expensive & slow. And…
The last couple of days has seen the Polygon community in a cheerful mode. As anticipated, MATIC shows promise following the Q2 debacle, growing bounds and leaps. Furthermore, the latest developments heightened investor hopes for the platform’s future as the…
The latest market trends have seen Polygon and its native token escaping the red zone towards green. Furthermore, the July 4 celebration triggered heightened trade optimism. That had MATIC on massive price increases amid a recovering cryptocurrency market. The overall…
Non-fungible tokens (NFTs) have gained cultural relevance and popularity recently. The NFT industry saw dramatic growth in 2021, attracting investors to the new way to own digital arts. Analysts believe the sector will continue to flourish, with many new NFTs…
Recent reports show NFT sales on a massive downtrend. That triggered a worrying sentiment within the Non-fungible token market as the space gradually deteriorated following impressive surges. News from Non-fungible highlighted NFT market performance in 2022 Q1. The published report…