NFT STARS
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NFT STARS

NFT STARS Partners up with Polygon to Expand Its Multi-Chain NFT Marketplace

The new NFT marketplace NFT STARS and Polygon, a protocol and framework for building Ethereum-compatible blockchain networks, form a strategic partnership. The name of the game is to expand the NFT ecosystem to the blockchain and showcase the benefits the Polygon chain to the NFT industry.

NFT STARS Coming to Polygon

NFT STARS is planning an integration with Polygon to expand its multi-chain NFT ecosystem. The newly formed partnership will support the NFT STARS transition and its further growth in the network.

The NFT STARS team has chosen Polygon for various reasons. Polygon is a Layer 2 scaling solution on Ethereum. That means that by launching on the chain, the marketplace will have a strong connection with any Ethereum-compatible blockchain. Becoming more accessible to other networks serves the NFT STARS’ goal of enabling a free flow of NFT liquidity.

In addition, the Polygon chain is highly efficient, secure and meets the demand for greater scalability. This scalable framework provides the marketplace with the needed room for growth and ensures that when the number of users increases by 10 times, the platform will continue to work smoothly and without any delays.

Another virtue of the chain is its low Gas fees. The incorporation of Polygon will significantly reduce the cost of minting an NFT and the cost of performing a transaction. This fact resonates with the NFT STARS’ goal to make the NFT market a more inclusive and accessible space. In the NFT STARS marketplace, all artists enjoy Gas-free minting. All artwork is minted at the time of purchase and the buyer covers the minting costs. So, both artists and digital art collectors benefit from the lower Gas fees.

Polygon Expanding its Presence in the NFT Market

The scope of the collaboration won’t be limited to the NFT STARS integration with Polygon. The two companies will work together on promoting Polygon in the NFT community, educating it about the chain’s strengths and how it resolves some of the issues relevant to the NFT market. As the only and leading NFT marketplace in Australia, NFT STARS will promote Polygon to the Australian crypto and blockchain community.

“At NFT STARS, we have an ambitious goal to bring more market actors to the NFT space. And we plan to achieve this goal by significantly reducing the cost of operations and staying connected to several blockchains to ensure free flow of liquidity. The partnership and integration with Polygon appeals to both of these directions of work. The characteristics and operational capabilities of the Polygon chain carry huge potential for the NFT market and we’re about to demonstrate it” — Dan Khomenko, CEO of NFT STARS.

About Polygon

Polygon is a Layer 2 scaling solution on Ethereum that provides the core components and tools for building and connecting Ethereum-compatible blockchain networks. The Polygon chain seeks to address the major limitations of the Ethereum network — low throughput, costly operations, incompatibility with other blockchains and poor user experience.

Learn more about the benefits of the Polygon protocol and framework via the company’s official social media pages: Twitter, Telegram, Discord, YouTube.

About NFT STARS

NFT STARS is an Australian NFT marketplace that has accumulated a unique set of products and services relevant to artists, digital art lovers, investors and NFT gamers. The marketplace follows a strict selection approach: every creator featured on the platform is either chosen by the executive board or voted for by the community. Artists enjoy Gas-free minting; NFTs are minted at the time of purchase and the buyer covers the costs. The marketplace supports the free flow of ideas and enables artists to mint artwork as a team via the collective NFT ownership feature and share the proceeds from its sale equally. NFT STARS also enables every artist to create an AR room in which they can display their works and host their first show. The AR galleries can be viewed on the screen of a smartphone.

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NFT STARS

NFT STARS

An NFT marketplace where genuine art meets tangible value. A fine selection of digital artists, celebrity drops, served with a personalized approach.