- Cent integrates Polygon into its Valuables platform.
- The company has already been using Polygon’s solutions for minting.
- The collab will allow Cent to reduce its environmental impact.
About the move, Cent CEO Cameron Hejazi stated, “Creativity in the digital world and beyond is happening in orders of magnitude more than anything the blockchain has seen to date.” Co-founder Katie Geminder further continued, “We are at the bleeding edge of a technological revolution that will evolve quickly. As a team and company, we want to embrace and contribute to the evolution of sustainable solutions now, so we are all in a better environmental position in the future.”
Cent has already been using Polygon’s blockchain solutions to mint NFTs while reducing their environmental impact by almost 99%. Part of the attraction to Polygon arises from using a proof-of-stake protocol, rather than the much older proof-of-work consensus. The latter requires the deployment of large computation resources to mine/verify each transaction.
Arjun Kalsy, VP Growth for Polygon, also added that NFT art makes creative assets more discoverable. As such, it truly rewards artists and creators for their work. He mentioned how his team spotted a need to build an environmentally friendly and affordable NFT infrastructure. This was needed to support Web 3.0’s decentralized blockchain protocol with PoS.
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