Superfarm Partners With Polygon On NFT Scalability

Cross-chain DeFi protocol SuperFarm is integrating with Polygon to bring cryptocollectibles, or NFTs, to the masses. 
NFTs: A Costly Business
Superfarm will now make use of the Polygon network, allowing users to create fast and low-cost NFTs using layer-2 solutions despite typically high gas fees on the Ethereum network. 

SuperFarm is now live on Binance Smart Chain
Community members can now send and receive $SUPER with lower gas cost than Ethereum.
🔴AVOID SCAMS the official #BSC SUPER contract is 0x51BA0b044d96C3aBfcA52B64D733603CCC4F0d4D #BNB
— SuperFarm (@SuperFarmDAO) March 3, 2021
Right now, creating NFTs is costly because the Ethereum network is congested with activity. Until Ethereum 2.0 arrives, Polygon hopes to  cut costs for those who want to use the network. 
“Users are priced out of interacting on-chain due to high gas fees on Ethereum,” Polygon’s co-founder, Sandeep Nailwal, said. “Polygon’s scaling solution aims to solve that and provide a superior user experience without compromising on security.” 
He added that SuperFarm users will be able to mint, sell, and farm NFTs for less than $0.01. 
What Are Polygon and SuperFarm?
Polygon, backed by Coinbase and Binance, is already popular with NFT collectors. It uses Layer-2 secured changes and sidechains to create a scaling solution for the Ethereum blockchain.
SuperFarm, meanwhile, allows anyone to turn a token into an NFT farm with no code required. The project aims to produce collectible tokens for use in AAA games and other applications.
Disclosure: This …
Story continues on Crypto Briefing

Related posts
BusinessDigital Currency GroupGrayscale Bitcoin Trustgrayscale investments

Digital Currency Group To Invest $250 Million In Grayscale Bitcoin Trust

Digital Currency Group, the parent of Grayscale Bitcoin Trust’s manager, plans to invest $250 million to gain indirect exposure to bitcoin.Today, Digital Currency Group (DCG) announced an authorization to purchase $250 million worth of shares in Grayscale Bitcoin Trust (GBTC).DCG…

IEO for Solana’s Latest DeFi Entrant Starts Tomorrow

Investors are following the latest DeFi project to launch on Solana. Oxygen’s IEO kicks off tomorrow, bringing staking and levered trading to the Solana ecosystem. A History of Insane Upside Post-IEO After the successful launch of Raydium on FTX, Oxygen…
BusinessCointelegraph.comnew zealandStablecoinTechemynt

New Zealand firm launches stablecoin backed by NZD

“Techemynt felt it was an ideal time to fill the gap in the market and lead the creation of a NZD-based stablecoin,” said Fran Strajnar. Auckland-based financial service provider Techemynt announced the launch of a stablecoin reportedly backed by the…