OnePlanet, one of the fastest growing NFT marketplaces around the globe is talk of the town today. Why? Because OnePlanet is presenting its launchpad service to support the Polygon NFT ecosystem. This crucial step will help the company to mint and launch new collections on the Polygon network.
When deciding which network to launch your project on, the decision can be seriously stressful. For example, Ethereum offers tremendous diversity, community and decentralization but lags on network technology and capacity. In contrast, Binance Smart Chain provides a fix to the issues befalling Ethereum, but falls short on project vetting, security, and decentralization. While alternatives outside these two leading networks are often underdeveloped ideas rather than a working product.
In light of these pertinent details, OnePlanet concluded that neither network would provide everything they needed. Instead, they selected Polygon, the interoperability and scaling framework for building Ethereum-compatible blockchains. Polygon connects the incredible features of the Ethereum Network with the speed and interoperability associated with Polkadot.
It's nearly been two months since OnePlanet's marketplace launched on Polygon. The project has supported the revival of more than 60 Terra-based NFT collections on Polygon. At the same time, OnePlanet listed Polygon-based NFT projects such as the Move-to-earn (M2E) project TRACER and metaverse project The Mars, establishing OnePlanet as a leading marketplace in the Polygon NFT ecosystem.
The first project to use OnePlanet's launchpad is "Derby Stars," a P2E blockchain-based horse racing game, dropping 1,000 free Randombox NFTs through Allowlist and Public sales. Derby Stars already had their second and third pre-sale through OnePlanet's launchpad on Terra, setting the record of selling out in 1 minute and 30 seconds. A Unique Horse from the third pre-sale was sold for over $40,000 on a gamified live auction launchpad.
Pryce Cho, CEO of OnePlanet, said, "OnePlanet has been working closely with Polygon Studios to expand the Polygon NFT ecosystem and the upcoming launchpad service will contribute to accelerating its growth."
Lastly, the Reddit Avatar Collections, also built on Polygon, were recently listed on OnePlanet, bringing significant attention to the ecosystem. Crazy Defense Heroes and $TOWER from Animoca brands will also soon be onboarded on OnePlanet as well.
Compatibility With Multichain– When you work with a multichain, you make your platform compatible with Ethereum, Binance, and other protocols too. Also, you get to bring more certainty in giving you smart solutions. The listed and non-listed solutions create a disparate solution easily.
More Opportunities– With this protocol, the investors, as well as users, have more and bigger opportunities. Whether it is related to streamlining the investment or giving you a better vehicle to manage participation, you get better at every front.
Builds Reputation– When it comes to managing the reputation of the business, Polygon is a big help. It helps the project associate with many entities that add more privileges to the project. At the same time, the participation gets better and it systematizes future launches.
Profound Analysis– Using the mechanism of Polygon, you can examine the platform of crypto exchanges quite easily. The screening process along with the enlisting of tokens happens very easily. It exposes your project to lots of investment and gives you more power to remain focused on the screening.
Easy KYC– When you want the KYC to happen with seamlessness and agility, it is a must that you keep things on a roll always. It ensures that only the most valid users are able to undertake the process of launching. It also shortens the whole time taken by this process and makes it all very easy.
OnePlanet is a Polygon-based NFT marketplace, where holders can define and expand the utilities of their NFTs. Starting as a marketplace to trade NFTs, OnePlanet also provides Social features to enable meaningful communication between holders and Technical infrastructure to accelerate a project's development.
Polygon is the leading blockchain development platform, offering scalable, affordable, secure and sustainable blockchains for Web3. Its growing suite of products offers developers easy access to major scaling solutions including L2 (ZK Rollups and Optimistic Rollups), sidechains, hybrid, stand-alone and enterprise chains, and data availability. Polygon's scaling solutions have seen widespread adoption with 37,000+ decentralized applications hosted,1.94B+ total transactions processed, 164M+ unique user addresses, and $5B+ in assets secured. The network is home for some of the biggest Web3 projects such as Aave, Uniswap, OpenSea and well-known enterprises including Meta, Stripe and Adobe. Polygon is carbon neutral with the goal of leading the Web3 ecosystem in becoming carbon negative.
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