Saturday, July 20, 2024

Rarible now supports NFTs minted on Polygon

Rarible, an NFT marketplace, has expanded its multi-chain support to include non-fungible tokens minted on the Polygon network. With this, Rarible now has four platforms – Ethereum, Flow, and Tezos.

Polygon, an Ethereum sidechain scaling solution, gives users the advantage of cheaper and more efficient transactions than the Ethereum mainnet. Compared to Ethereum’s energy-intensive proof-of-work (PoW) mining system, Polygon uses an eco-friendly proof-of-stake (PoS) consensus model. It is easily backed by the Ethereum network’s security.

Rarible, a leading NFT protocol, and marketplace, wants to solve issues related to NFT creation and consumption. As such, it has partnered with Polygon Studios. It supports gaming, metaverse projects built on the Ethereum scaling solution, NFT. Polygon Studios will also provide marketing and developer support to Rarible.

Moreover, Rarible has launched a multi-wallet profile feature that allows users to sign in with up to 20 wallets across different blockchains at the same time. Users having multiple wallets across various ecosystems don’t need to sign in and out of Rarible when trading NFTs.

Rarible understands how troublesome it is to log in and out of wallets containing collectibles from multiple blockchains. Its multi-wallet profile supports collections from any Rarible-supported blockchain in one place. It gives users access to items with a single click. The marketplace has been accelerating its transition to a multi-chain future. As such, Rarible supports multiple platforms.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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