Mnemonic HQ
Published in

Mnemonic HQ

Powering the next chapter of growth and innovation on Polygon

Originally published at https://www.mnemonichq.com on June 21, 2022.

Mnemonic is proud to have partnered with Polygon to bring Mnemonic’s powerful NFT data and analytics capabilities to their rich and growing ecosystem. Through this partnership, we’re unlocking the next chapter of growth and innovation on Polygon by providing builders and brands with the data building blocks they need to create exceptional Web3 experiences.

Today, we’ve released support for Polygon on our Foundational API, bringing builders instant access to just about any NFT data point imaginable on Polygon.

If you’re keen to start building with our Polygon NFT data and analytics capabilities right away, get your API key now, and check out our quick start guide to get up and running in no time. Otherwise, read on to learn more about the benefits of building with Mnemonic on Polygon.

Why Polygon?

Polygon is a Layer 2 Ethereum scaling platform loved by builders, brands, and community members alike thanks to its low transaction fees, lightning-fast speeds, and unwavering commitment to security.

Why brands choose Polygon

Major brands like Instagram, Adidas, and Prada have partnered with Polygon to enter the metaverse. Polygon’s low fees are of particular interest to brands who want to onboard more consumers to Web3 through their NFT drops and physicals. Meanwhile, rapid transaction speeds mean brands are able to provide the best possible experiences to consumers interacting with their campaigns. As sustainability continues to be an important topic, Polygon’s commitment to going carbon negative in 2022 is another draw.

Why builders choose Polygon

As an infinitely-scalable chain with a deep commitment to security, Polygon helps builders launch scalable and user-friendly products with peace of mind. Plus, Polygon is EVM compatible, meaning builders who are already building on Ethereum can easily start building on Polygon without a steep learning curve.

Bringing quality data and analytics to the Polygon ecosystem

Companies like IntoTheBlock, NFTfi, and Mythia are already building NFT trading insights tools, marketplaces, wallets, and more with our data on Ethereum. Now, we’re bringing our data capabilities and enterprise-grade infrastructure to Polygon builders as well, enabling them to bypass the complexities of NFT data and bring their products to market faster.

Mnemonic makes it easy for builders to get high-quality, accurate, and real-time data on Polygon NFTs, transactions, contracts, and wallets at scale. We’ve built scalable infrastructure that can handle the demands of the rapidly-growing NFT dataset (and this is truly big data) and solve for the complexities unique to NFT data so you don’t have to.

A few examples include:

  • Up-to-date metadata: We don’t just index metadata, we normalize it so it’s easy to use and continuously re-index it to keep it up to date. This ensures you never show your users out-of-date information about an NFT.
  • Detailed transactions: We surface all the details of transactions, not just the total value exchange so you can more accurately calculate pricing and detect non-standard transactions (i.e. wash trades, bundle sales).
  • Truly real-time ownership data: We bring you just-in-time data, so your users get the best possible experience when verifying NFT ownership or viewing their wallets.

Plus, our platform is always up-to-date with the latest protocols, standards, and blockchain upgrades, so your team doesn’t need to allocate time trying to keep up with this rapidly-evolving space.

Finally, we’re here for the community and want to empower builders to create incredible products. We offer a generous free tier that gives builders access to everything they need to launch their projects. We also just opened up our startup discount program that gives qualified early-stage projects access to our Analytics APIs.

What’s next?

We couldn’t be more excited about this partnership and what it means for continued growth and innovation on Polygon. We’re working on bringing more of our capabilities to builders and brands on Polygon, including bringing Polygon data to our Collection Analytics APIs, which we expect to release very soon.

If you don’t have a Mnemonic API key yet, sign up here to get started. Please refer to our documentation for guidance as you begin building with our Polygon API.

Originally published at https://www.mnemonichq.com.

--

--

Mnemonic is focused on building foundational data and intelligence platform designed from the ground up to enable developers, enterprises and brands to build new experiences that cater to the next billion of users in web3.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Andrii Yasinetsky

CEO and co-founder at Mnemonic, Inc, the Web3 intelligence data platform. Previously engineering at Uber and Google. #ODF10 🇺🇸 🇺🇦