Indian Ethereum platform Polygon to invest in Colexion – one of Asia’s largest NFT marketplaces

October 29, 2021

Polygon, a platform for Ethereum scaling and digital infrastructure development, announced an investment in Colexion – Asia’s largest NFT (non-fungible token) marketplace. In India, so far, the crypto currency ecosystem is operating in a regulatory vacuum. Polygon, which claims to have a vast presence in the cryptographic ecosystem, says it will deploy many of its digital tools to boost NFT adoption in India, leading to a seamless purchasing and minting experience for its users.
Polygon says that its investment will offer benefits such as theft and forge free trade experience, highly advanced dashboards and tools for NFT exchanges, a trustworthy platform that allows artists and talents to interact with their fans and NFT traders, and most importantly a secured infrastructure.

It will cater to the diverse needs of developers by providing tools to create scalable decentralised applications, focus on the performance of the platform and user experience while solving any security concerns that may arise.

Polygon says that many renowned celebrities and sports personalities have already signed up for this portal to launch their exclusive NFTs.Polygon says that many renowned celebrities and sports personalities have already signed up for this portal to launch their exclusive NFTs. It includes Morne Morkel, Brendon McCullum, Dwayne Bravo, Mika Singh, Krissann Barretto, Salim-Sulaiman among others.
Copyright  © 2021 Hindu Business Line
Share
Leave a Reply