Cere Network and Polygon Launch ‘NFT Content Monetization’ Platform Davinci

On February 14, Cere Network and Polygon launched a non-fungible token (NFT) marketplace and Web3 level called Davinci, a task that aims to bolster the information down NFT data. The level is described arsenic an “all-in-one Web3 media platform” that leverages Cere’s decentralized information unreality (DDC) level and the proof-of-stake blockchain web Polygon.

Cere Network Launches All-in-One Web3 Media Platform Built connected Polygon

Non-fungible token (NFT) media has go a large woody and a billion-dollar manufacture during the past year. However, the abstraction has go filled with controversies arsenic good with issues pertaining to intelligence spot and copyrights to things similar immutability.

In March 2021, determination was a furious debate implicit immutability concerns tied to NFT technology. Fred Jin, the co-founder of Cere Network believes that NFT contented that’s not stored decently is an issue.

“Most NFT contented is not stored securely connected the blockchain,” Jin said successful a connection during the Davinci launch. “This is simply a problem, simply due to the fact that your NFT tin suffer its contented and associated value. The Davinci level solves this occupation via Cere DDC’s unafraid decentralized contented transportation innovations.” The Cere Network enforcement added:

We’re truly breaking caller crushed here, some for the amusement manufacture and user enterprises, done a caller modular for decentralizing data/content on with the Polygon team.

Davinci’s Platform NFTs Remain Linked to the Original Creator

Meanwhile, since the NFT immutability statement past year, different methods of securing NFTs person travel into play, similar leveraging IPFS2Arweave.com which utilizes a blockchain task called Arweave. According to the Cere Network team, NFT royalties minted utilizing Davinci volition beryllium tethered to the contented creators.

“Uniquely, each NFT created connected Davinci’s level volition stay linked to the archetypal creator done the usage of astute contracts that warrant a stock of the royalties from immoderate merchantability and found a mode for the continuous transportation of exclusive caller content,” the Cere Network team’s announcement notes.

Sandeep Nailwal, the co-founder of Polygon believes the NFT ecosystem is conscionable getting warmed up, and Nailwal thinks the Polygon and DDC-crafted Davinci Web3 exertion volition heighten the industry’s growth.

“There is truthful overmuch much that artists and fans are capable to execute and entree done Davinci that realizes much of the blockchain imaginable to the mainstream consumers,” Nailwal remarked. Artists, performers, and brands get much gross from their unsocial content, portion fans get amended experiences and unafraid transportation of their assets.”

What bash you deliberation astir the Cere Network and Polygon-powered NFT and Web3 level Davinci? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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