Polygon and Cere network to launch Web3 media platform, DaVinci
The Layer 2 scaling solution Polygon (MATIC) and Cere Network, a Decentralized Data Cloud platform, or DDC, announced the launch of their joint venture Web3 media platform, named DaVinci. Their stated mission is to store NFT-backed assets more securely, and ensure verifiable and truly decentralized data.
DaVinci is a direct content monetization platform for NFT-backed experiences that aims to facilitate both decentralized data transfers and nonfungible token, or NFT, value transfers. Powered by Cere’s DDC, the platform enables personalized content streaming to NFT holders via smart contracts. And it leverages Cere Freeport, the NFT mining platform deployed on Polygon, to mint and sell functional NFTs that provide access to exclusive content.
Sandeep Nailwal, Co-Founder and COO of Polygon, shared in a statement that only the tip of the iceberg has been explored when in comes to the capabilities of NFTs.
According to the company, some benefits that DaVinci's platform hopes to offer creators is the guarantee of a share of the royalties from any sale and a way for the continuous delivery of exclusive new content. Artists would also be able to access audience research and analytics tools to tailor their content to NFT holders and fans.
We couldn't be more proud to start our DaVinci Creator Reveals with the incredibly talented World Cup Photography winner @antti_karppinen. Layers of Being Human and other price winning assets will be sold for the first time during Antti's premier #DaVinci exhibition! pic.twitter.com/mFk4ulmf9u
Related: Cere and Celer Networks Team Up to Launch Decentralized CRM Solution
Polygon recently closed a $450 million funding round led by Sequoia Capital India with the intention to expand its scaling
Read more on cointelegraph.com
