Amid growing demands to adopt the Polygon blockchain, Rarible announced on Jan. 18 the launch of its market maker for Polygon-based non-fungible token (NFT) collections.
As with Ethereum in August 2022, the availability of Rarible infrastructure in the polygon will allow existing NFT creators to develop their custom marketplace.
Remember that in October 2022, the platform started a series of updates, one of which was the ability to add other NFT listings from the competing marketplace; it also hinted at the possibility of doing an airdrop for its decentralized autonomous organization (DAO) governance token called Rari.
Rarible co-founder Alexei Falin said in a statement that the Polygon chain ticked all the boxes for its market-making tool requirement.
Polygon is probably the favorite of the moment.
The Polygon chain has received many commitments in recent months. Polygon became a hotspot for adoptions after the success of the collectible avatars on Reddit.
It also gained more traction in December after former US President Donald Trump’s NFTs were released.
These developments have been preceded by other high profile collaborations with big brands like y00ts, DeGods, Magic Eden, Nike, Samsung, the Starbucks Odyssey program and many other projects working to explore web3.