Polygon to help fight NFT scams with Web3 infra protocol partnership

2 years ago

Polygon partners with Wakwelli, a web3 infrastructure protocol that issues certificates of authenticity for non-fungible tokens to certify NFT originality.

Polygon to assistance   combat  NFT scams with Web3 infra protocol partnership

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Wakweli, a web3 infrastructure protocol that issues certificates of authenticity for non-fungible tokens (NFT) has officially collaborated with Polygon, a blockchain level that enables blockchain networks to link and standard to marque NFT authentication possible.

The partnership between Polygon and Wakweli means that each integer assets connected Polygon volition beryllium compatible with Wakweli's certification system. According to the announcement, each NFT task holder connected the Polygon concatenation volition besides beryllium capable to petition authenticity certificates for each of their assets. The collaboration mostly aims astatine enhancing the information of the integer ecosystem.

In effect to the outgo of the certificate authentication for users, Antoine Sarraute, Co-Founder of Wakweli, told Cointelegraph that staking WAKU — the inferior token of Wakweli — is indispensable to make a certificate request. The magnitude to involvement successful a petition is babelike and linked to the level of spot needed for each case.

The partnership agreement negotiations between the 2 companies began successful August 2022 and the last details of the statement were concluded this March.

Wakweli's testnet volition beryllium disposable successful April and tin beryllium utilized with Polygon's Mumbai testnet. Alpha investigating with Polygon's mainnet volition statesman successful Q2 2023, and the wide mainnet compatibility is expected to beryllium acceptable by Q3 2023.

By providing a mean for detecting counterfeit NFTs, the concern betwixt the 2 companies has unlocked a definitive mode to fight these scam attempts, thereby creating much spot successful the thriving ecosystem, Sarraute explained. 

Related: Polygon’s ‘holy grail’ Ethereum-scaling zkEVM beta hits mainnet

The Wakweli level and API volition connection developers entree to precocious use-case scenarios, including the automatic procreation of certification requests erstwhile minting oregon accessing much elaborate certification information.

In the past month,  sPolygon Foundation, which is liable for the Ethereum layer-2 scaling web Polygon, has collaborated with the South Korean multinational conglomerate Lotte Group to showcase the company's NFT projects

Polygon, a scaling solution for Ethereum, has gained important traction done partnerships with large brands specified arsenic Starbucks and Adidas, starring to increased adoption of the web among cryptocurrency users 

Magazine: Justin Sun vs. SEC, Do Kwon arrested, 180M subordinate crippled taps Polygon: Asia Express

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