Polygon and Token||Traxx will use NFT technology to build out multi-chain marketplace
Ishan Negi is chief of staff at Polygon Studios.
NFTs can positively disrupt the music business by giving creators a larger share of the distribution rights and transferring ownership to fans.
Its goal is to be the center of a new independent music creator industry by providing an NFT platform which will revolutionise the way music is distributed and support the entire creative music community.
He said:
“Polygon’s ultra-low-cost, sustainable blockchain and interoperable ecosystem is the ideal launchpad for the project.
We will enjoy a great user experience through Polygon’s innovative Ethereum scaling solution. This includes high-speed transactions and near-zero gas costs. It also provides excellent community governance. We will also be able to maximize secondary NFT markets through cross-chain capabilities.”
Disclaimer: This article is intended for informational purposes only. This article is not intended to be used for legal, tax, investment or financial advice.
Read More
