Rarible has just announced that they will integrate with Polygon, which means they are taking another big step towards a multi-chain future. In addition to these, they are also joining hands with Polygon Studios. This is going to leverage their latter marketing and tech support. The company is trying to establish ecosystem-wide compatibility from these efforts.
Rarible Protocol, a leading open source and multi-chain Protocol, is building a cross-chain technology stack to accommodate numerous blockchains. This will eventually lead developers to choose the blockchain they prefer easily. Due to its team’s constant efforts, the Protocol is already compatible with Ethereum, Tezos, Flow, and Polygon.
Updates about Raribles
Rarible Protocol is working on more than 20 projects right now. This polygon integration will allow these projects to leverage their software development kits and functionality to Rarible Protocol. This will ensure that NFT projects enjoy higher security, the lowest cost, faster speeds, and reduced energy consumption. Users will get the option to choose to mint both ERC-721 and ERC-1155 tokens. They will also have an opportunity to split fees and royalties.
This Rarible Poylgon integration will instantly expand the available marketplaces and collections exclusively for Rarible users without leaving their platform. This will create a much more streamlined experience for users as they can now conduct all activities from Rarible itself.
Rarible.com will also launch its multi-wallet profile, complementing its interoperable NFT marketplace. Users will access up to 20 wallets from any of the above blockchains. This means that they no longer have to sign in and out of different accounts for managing their digital assets.
Rarible is a multi-chain and community-chain marketplace for NFTs. It was created for artists and collectors to develop, buy, collect and trade different digital collectibles. It is one of the top NFT marketplaces in the world. It is one of the pioneers and the oldest marketplaces in the space. It has its token, known as RARI Token. RARI token is used to buy and sell all the NFT in the Rarible marketplace.
Currently, the company is integrating new features in the marketplace to ensure a seamless experience for its user. Also, they are venturing with many companies to expand their marketplace.
Polygon is one of the leading projects on Ethereum, which focuses on scaling and infrastructure development. It has risen to more than 8k applications and is currently increasing. The Polygon suite allows its developers to scale their projects with the help of various techniques. Their primary function enables Web3 projects to leverage Ethereum’s strength while skipping the gas fees and providing higher transaction speeds.
Polygon Studios focuses on supporting developers in building dApps. So far, the company has also supported various projects such as Adidas, OpenSea, The Sandbox, etc. They have a very vast range of experience in this, and due to this, Rarible is also looking forward to working with them. Integration with Rarible is an excellent deal as they will benefit each other in the future. Let’s see how this will helps both of them in the future.