Polygon and Cere network to launch Web3 media platform, DaVinci

Share This Post

The DaVinci platform intends to offer perks from subscription NFTs and immersive creator exhibitions to digital and real-world fan events.

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 of Polygon, shared in a statement that only the tip of the iceberg has been explored when in comes to the capabilities of NFTs.

“There is so much more that artists and fans are able to accomplish and access through DaVinci that realizes more of the potential of blockchain to the mainstream consumers. Artists and brands get more revenue from their unique content, while fans get better experiences and secure delivery of their assets.”

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.

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 solutions. Additionally, Polygon was the chosen chain to launch a Web3 social media protocol built by Aave, the DeFi lending platform.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

7 Reasons To Be Bullish On Bitcoin This Week

In an analysis shared on X, crypto analyst Patric H from CryptelligenceX outlines seven reasons why investors should be bullish about the Bitcoin price trajectory this week “How can anyone be

After Neiros 40,000% Rally, We Take A Look At 2 Altcoins That Could Be Next

The post After Neiros 40,000% Rally, We Take A Look At 2 Altcoins That Could Be Next appeared first on Coinpedia Fintech News NEIRO coin has gained serious traction in the crypto market, but after

Global regulators discussing ways to ‘eliminate’ Bitcoin highlights cracks in fiat system

Global regulators have intensified their efforts against Bitcoin, with researchers from the Federal Reserve Bank of Minneapolis and economists at the European Central Bank (ECB) making bold

ApeCoin Price Pumps 40% on ApeChain News – Is It Too Late to Buy $APE?

The post ApeCoin Price Pumps 40% on ApeChain News – Is It Too Late to Buy $APE appeared first on Coinpedia Fintech News ApeCoin experienced an explosive rally this week after the main net went

South African Bank Blocks Crypto Payments, Faces Industry Backlash

South African bank Capitec has blocked electronic funds transfers and real-time payments to cryptocurrency exchanges as a security measure While Capitec acknowledges growing interest in

Worldcoin Unveils New Layer-2 Network as Pepe Unchained Surges Past $21M in Presale

The post Worldcoin Unveils New Layer-2 Network as Pepe Unchained Surges Past $21M in Presale appeared first on Coinpedia Fintech News Big moves are happening in the blockchain world Worldcoin (WLD)