In addition to its basic offerings, Wakweli is also required to offer other advanced utilities or use cases that can add additional value to all Polygon users who adopt its solution.
Wakweli, a Web 3.0 infrastructure service provider, has signed a strategic partnership with Polygon, an Ethereum-based Layer 2 protocol. According to partnership details contained in a press release shared with Coinspeaker, Wakweli will extend its non-fungible token (NFT) certification technology to Polygon for the benefit of all resident projects on the protocol.
Wakweli is gaining momentum as essential gear helping to restore confidence in the world of digital collectibles. The startup’s primary business model involves issuing Certificates of Authenticity for NFTs and other tokenized assets to combat fraud and generally contribute to the growth and evolution of the broader Web 3.0 ecosystem.
The partnership with Polygon will allow Wakweli to expand its reach and significantly diversify its ecosystem.
“Since 2021, when ETH fees skyrocketed, Polygon has established itself as the go-to chain for minting assets and has performed extremely well ever since; it is now home to some amazing NFT projects,” said Antoine Sarraute, co-founder of Wakweli, adding that the team “..built Wakweli to create a safer web3 space across all networks, and today we are delighted to collaborate with Polygon. This will enable the power of Wakweli certification for all Polygon users and unlock an ultimate way to combat scam attempts, building more trust in this thriving ecosystem.”
Through Wakweli, projects with tokenized assets on Polygon can request authentication for all of their assets.
Polygon is currently a growing hub for digital collectibles as it features a more scalable, sustainable, and affordable ecosystem compared to Ethereum. Based on its high technological capabilities, Polygon is now being adopted by many major companies, including US coffee chain Starbucks Corp (NASDAQ: SBUX).
Starbucks built its Odyssey NFT project on Polygon and in an extended collaboration, Wakweli will be able to certify the authenticity of these assets for users.
Wakweli will offer enhanced use cases
In addition to its basic offerings, Wakweli is also required to offer other advanced utilities or use cases that can add additional value to all Polygon users who adopt its solution.
For example, project owners can access the Wakweli API or request automatic certification requests for NFTs just as collectors mint them. This automatic certification will enhance the security push for these collectibles, as it will leave no room for cybercriminals to create a fake version of the assets.
Wakweli also noted that he will be available to work with developers to create a custom solution in case they have any specific certification features they hope to introduce into their project. In addition, with the collaboration of Polygon, users can take advantage of the incentive that Wakweli offers to its users when they request certificate reviews.
This feature is powered by the unique Proof of Democracy (PoD) and generally contributes to the authenticity of the protocol being marketed. Wakweli is a next-generation infrastructure provider with a keen interest in the world of venture capital.
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Benjamin Godfrey is a blockchain enthusiast and journalist who enjoys writing about the real-life applications of blockchain technology and innovations to drive mainstream acceptance and global integration of emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain-based sites and media. Benjamin Godfrey is a lover of sports and agriculture.