Why bnfts Protocol chose Polygon: The Benefits of Building the bnfts Protocol on the Polygon Network

bnfts Protocol
bnfts.io
Published in
3 min readFeb 3, 2023
bnfts is built on Polygon network

Choosing the Right Blockchain

In today’s digital age, businesses and organizations are constantly looking for ways to enhance their user experience and rewards systems. The bnfts protocol offers a range of benefits for those looking to do just that, and one of the key advantages of using the protocol is that it’s built on the Polygon network. In this article, we’ll explain why the bnfts protocol chose to build on the Polygon network as the underlying blockchain for our project and how the network’s features make it the perfect choice for creating and managing NFTs.

“Polygon’s commitment to sustainability aligns perfectly with the values of the bnfts Protocol. We’re excited to be working with bnfts Protocol team to bring their innovative reward mechanism to the masses, and to see how it will be integrated into various applications and platforms.” — Ravikant Agrawal, VP Strategy at Polygon Labs.

Redeem rewards as NFTs in just a few clicks

Scalability and Low Fees:

The Polygon network offers high scalability and low transaction fees, making it an ideal choice for the bnfts protocol. This allows for faster and more affordable minting and use of NFTs, providing a better experience for users and businesses alike.

Eco-Friendly and Carbon Neutral

Polygon Labs is committed to being an eco-friendly and carbon neutral network, which aligns with the bnfts protocol’s mission to minimize the environmental impact of NFT transactions. This makes the Polygon PoS protocol the perfect choice for businesses and developers who want to use NFTs in a sustainable way.

High Adoption Rate by Developers

Polygon Labs’ suite of protocols has seen widespread adoption, with over tens of thousands of decentralized apps, unique addresses exceeding 218 million, over 1.14 million smart contracts and 2.42 billion total transactions processed since inception. The network is home to some of the biggest Web3 projects and well-known enterprises, making it a popular choice for developers looking to build on a scalable and secure blockchain.

“The high adoption rate of Polygon’s suite of protocols among developers, both in web2 and web3, was a key factor in our decision to build on the network. We’re excited to be a part of such a vibrant and innovative ecosystem.” — Angelo Antonelli, CEO of bnfts Protocol

API Endpoints for Easy Integration:

The bnfts protocol API will have a full set of endpoints at the time of its beta release, which will enable developers to integrate the protocol into their own applications and platforms with ease. The API will provide access to various features of the protocol, such as creating and managing NFT drops, as well as indexing bnfts holders’ data.

“The Polygon network is the perfect choice for the bnfts Protocol because of its scalability and low transaction fees. This allows us to offer a wide range of use cases for organizations and businesses, while also keeping our carbon footprint minimal.” — Ulises, Head of Technology at bnfts Protocol

By building on the Polygon network, the bnfts protocol can take advantage of the network’s scalability, low fees, and eco-friendly nature to deliver NFT benefits in a cost-effective and sustainable way. The API endpoints also make it easy for businesses and developers to integrate the bnfts protocol into their existing systems and platforms.

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bnfts Protocol
bnfts.io

A simple and reliable protocol to deliver benefits as NFTs.