Wednesday, November 20, 2024
Home > Analysis > Web 3.0 Infrastructure Provider Wakweli Inks New Partnership with Polygon

Web 3.0 Infrastructure Provider Wakweli Inks New Partnership with Polygon

Besides its basic offerings, Wakweli is also bound to offer other advanced utilities or use cases that can add extra value to all Polygon users who adopt its solution.

Wakweli, a Web 3.0 infrastructure service provider has inked a strategic partnership with Polygon, an Ethereum-based layer-2 protocol. According to the partnership details as contained in a Press Release shared with Coinspeaker, Wakweli will extend its Non-Fungible Token (NFT) certification technology to Polygon for the benefit of all projects resident on the protocol.

Wakweli is gaining momentum as an essential outfit that helps to restore trust in the digital collectible world. The startup’s primary business model involves issuing Certificates of Authenticity for NFTs and other tokenized assets to fight fraud and generally contribute to the growth and evolution of the broader Web 3.0 ecosystem.

The partnership with Polygon will enable Wakweli to expand its reach and significantly diversify its ecosystem.

“Since 2021 when ETH fees skyrocketed, Polygon established itself as the go-to chain to mint assets and has performed extremely well ever since – it is now the home of incredible NFT projects,” said Antoine Sarraute, Co-Founder of Wakweli, adding that the team “..built Wakweli to create a safer web3 space across all chains, and today we are thrilled to collaborate with Polygon. This will enable Wakweli’s certification power to all Polygon users and unlock a definitive way to fight scam attempts, creating more trust in this thriving ecosystem.”

Through Wakweli, projects with tokenized assets on Polygon can request authentication for all of their assets.

Polygon is currently a growing hub for digital collectibles as it brandished a more scalable, sustainable, and cheaper ecosystem when compared to Ethereum. Based on its high technological capability, Polygon is now being embraced by many mainstream companies chief amongst whom is the American coffeehouse chain Starbucks Corp (NASDAQ: SBUX).

Starbucks built its Odyssey NFT project on Polygon and in an extended collaboration, Wakweli will be in a position to certify the authenticity of these assets for users.

Wakweli to Offer Enhanced Use Cases

Besides its basic offerings, Wakweli is also bound to offer other advanced utilities or use cases that can add extra value to all Polygon users who adopt its solution.

For instance, project owners can access the Wakweli API or request automatic certification requests for NFTs just as collectors mint them. This automatic certification will enhance the security push of these collectibles as it will leave no room for cybercriminals to create a fake version of the assets.

Wakweli also noted that it will be available to work with developers to create a tailored solution should they have any specific certification feature they hope to introduce into their project. In addition, with the Polygon collaboration, users can take advantage of the incentive Wakweli offers its users when they request certificate reviews.

This feature is powered by the unique Proof-of-Democracy (PoD) and generally contributes to the authenticity of the protocol is marketing. Wakweli is a next-generation infrastructure provider with very deep interest in the VC world.



Altcoin News, Blockchain News, Cryptocurrency news, News


Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

Source