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Minty is proud to announce that the platform is going to be deployed on Polygon (formally Matic Network), a scaling solution and framework for building and connecting Ethereum-compatible blockchain networks. Minty is leveraging the benefits of Polygon to deploy its NFT platform for art trading and sponsoring. This decision will enhance scalability, interoperability, and user experience for the platform.
Polygon is solving the common problems associated with blockchain technology, by lowering gas fees and increasing transaction speed, without sacrificing security. Scaling solutions are designed to help scale an application by handling transactions off the main Ethereum chain and executing them on the Polygon chain. The innovative design of the Polygon framework provides scalable, secure and instant Ethereum transactions using Plasma chains and Proof of Stake (POS) networks. As a result, users of the Minty platform will be able to mint NFTs in a cost-effective and sustainable way.
Polygon is built on creating a sustainable, carbon-friendly network. Gas fees on the Polygon network are near zero, meaning that artists using the Minty platform can mint and trade NFTs with minimal financial overhead and carbon footprint.
Minty’s CSO, Yacine Terai shared his thoughts about this technology choice: “We are thrilled to deploy Minty on the Polygon layer 2 solution. Our community will benefit from low transaction fees and higher throughput while we will be able to implement different features to empower both creators and their patrons”.
For more information about how to set up your digital wallet and start using the Minty platform, check out our how-to guide here.
About Minty
Minty is pioneering digital patronage through a platform where artists can create and connect with their patrons. Minty.Art is building a fair and sustainable ecosystem by leveraging the limitless features of blockchain technology, decentralized finance (DeFi), and NFTs.
Learn more at https://minty.art
About Polygon
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem. Polygon combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system.
Learn more at https://polygon.technology/