Spherium Empowering Interoperability In NFTs With Polkally
With the substantial growth prospects shown by NFTs and DeFi projects in 2021, these growth measures will inevitably continue to surge with innovations coming into the sphere offering more value to creators, investors and institutions.
NFTs especially have become an asset class that everyone wants to be associated with. Although big players still dominate the space, creators and communities continue to collaborate as there is still a vast scope for direct auctions and P2P transfers and more.
To further this proportion of NFT asset class, Spherium is excited to bring forth a strategic partnership with Polkally. We indeed are on a spree with HyperLaunch Incubation Program; to introduce the projects that speak growth, transparency, scalability and sustainability to its user base.
Polkally is a P2P auction platform for NFTs powered by EVM-based blockchains, Polkadot & IPFS. Polkally aims to offer user-friendly, interoperable, privacy-focused NFT auction solutions to its community by bringing creators, artists, enthusiasts, etc., across different blockchains together.
Pushing The Envelope Of Cross-Chain Interoperability
This partnership of Spherium and Polkally will allow DeFi enthusiasts to utilize the value-added services offered by Polkally and Spherium, as both the projects use interoperability across multiple blockchains.
Polkally is built on the Polkadot blockchain enabling some surreal use-cases for NFTs such as exchanging real-world artworks for NFTs, auction selling of NFTs with flexible pricing and more.
With Polkally V1 set to launch in the last week of Jan, we are preparing to expand the multi-chain experience for creators and buyers to bridge major blockchains and add certain DeFi functionalities into their platform.
Spherium CEO, Aanchal Thakur, shared her thoughts on the partnership, “Partnering with Polkally reinforces Spherium’s priority of offering an interoperable and sustainable cross-chain ecosystem for its users. With this partnership, the users will be able to utilize the value-added services offered by both Polkally and Spherium across multiple blockchains.”
Polkally CEO, Chloé Bigot, also expressed: “We are excited to join forces with Spherium. This partnership should be beneficial to both of our respective projects.”
Furthermore, there will also be NFT Airdrop coming soon sponsored by Polkally.
The fascination and usability of NFTs are pushing through the roof, and we are proud to have collaborated with Polkally to reinstate a more decentralized way of NFT sale through their unique proposition. At the same time, we work to assist them in adding cross-chain interoperability throughout the platform.
About Polkally
Polkally is a peer-to-peer auction platform based on EVM (Ethereum Virtual Machine) blockchains, IPFS and Polkadot. The idea is to build a platform of numerous blockchains which is easy to use, focused on privacy, and economical. Polkally’s ability to operate across multiple blockchains makes it the perfect crypto platform for anyone looking for an easy way to launch their crypto career.
This further means that even though Polkally is intended for art professionals, it can be used by anyone who wants to make their mark in the crypto world. The plan is to gradually add support for networks or blockchains like Ethereum, EOS, Tron, Binance Smart Chain, and more.
Check out Polkally’s social media handles for more information.
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About Spherium Finance
Spherium Finance is a one-stop solution in the DeFi ecosystem, offering various services, including HyperSwap, HyperLend, HyperLaunch, and wallet under one roof. In addition, Spherium is built on Layer 2 solutions to minimize gas fees and increase execution speed.
Their cross-chain DEX Hyperswap will enable users to swap tokens in a robust multi-chain through their uber-cool web and mobile app interface, integrating an even deeper layer of DeFi solutions such as Staking, Yield farming, and Dual Farming, Lending, and Borrowing extending the footsteps of the biggest cross-chain community.
To learn more about Spherium Finance, kindly visit our website: https://spherium.finance/
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