What is Polygon?
Polygon Studios is Polygon’s gaming and NFT division, dedicated to doing its part in terms of building the worldwide blockchain-based gaming and NFT space as well as bridging the gap between Web 2.0 and Web 3.0 gaming via investment, marketing, and developer support.
How does the collaboration help?
LABEL’s collaboration with Polygon benefits everyone involved in two main ways. Firstly, it allows the LABEL team to have a large throughput and scale for their NFT marketplace without charging exorbitant fees, and secondly it helps in providing the ability to link other various projects in Polygon’s ecosystem.
About LABEL
Additionally, it presently has over 100 courses available, with prominent artists ready to be deployed on its platform. LABEL Foundation is hence developing a blockchain-based online education platform. Furthermore, in June, LABEL will open its NFT marketplace which will include collectibles, goods, and profit-sharing NFTs. LABEL is also presently onboarding artists for upcoming NFT releases.
Ultimately, LABEL strives to become more interoperable with numerous other chains. The team feels that multichain is the way of the future, hence the desire to deploy on other networks in the long-term. For the time being though, it will accept NFTs produced in Polygon as well as payment using LABEL’s ERC-20 and BEP-20 tokens.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
