- Polygon collaborates with Inspect to drive the adoption of blockchain and NFT to a wider audience.
- Inspect would integrate the Polygon-based NFTs into its platform.
Polygon Labs and Inspect to accelerate adoption and uselessness in the Non-Fungible Token (NFT) and Web3 space through the cultivation of use cases, tools, and technologies. NFT Inspect is known for providing important insight into the NFT markets as it ensures that users have access to the necessary information and knowledge to make rational market decisions.
The company has always sought to build and foster state-of-the-art tools and analytics to cause a drastic improvement in decision-making and social ecosystems in a bid to support and empower its community.
Accelerating NFT community ecosystem growth 🙌🏾@NFTInspect, a leader & innovator in SocialFi & Web3 social analytics, is integrating w/ Polygon🕺🏾Bringing Polygon-based NFTs to Inspect's platform will increase interoperability & accessibility for users. 🫱🏾🫲🏼https://t.co/o3tjFZxBVb pic.twitter.com/wSZPpkrAPS
— Polygon (Labs) (@0xPolygonLabs) May 9, 2023
Oliver Cohen, President of Inspect comments on this collaboration:
We are elated to collaborate with Polygon Labs, a company that aligns with our vision for the future of NFTs and the wider blockchain landscape. This alliance empowers us to explore new avenues for progress and innovation while equipping our community with the necessary tools and resources to flourish in this dynamic digital realm.
Polygon Labs has always collaborated with other ecosystem developers to ensure that Web3 has the needed affordability, security, scalability, and blockchain infrastructure sustainability. As part of its contribution to the space, Polygon has developed several protocols to ensure that developers get easy access to major scaling solutions including hybrid chains, sidechains, enterprise chains, app-specific chains, data availability protocols, and layer 2s like zero-knowledge rollups and optimistic rollups.
According to the press release, each party would contribute to making the NFT industry more interconnected, more diverse, and stronger. They will also develop novels by leveraging the knowledge, resources, and technologies of each other. More importantly, they will seek to create distinct NFT use cases and provide a smooth experience for users while promoting wider adoption.
Some expected Outcomes of the Polygon and Inspect Collaboration
According to Sanket Shah, Head of Growth at Polygon Labs, Inspect shares their passion to improve the NFT space.
We’re thrilled to have Inspect in the Polygon ecosystem, a company that shares our passion for advancing the NFT and blockchain ecosystems. By leveraging their expertise, resources, and technologies, they’re helping to foster an environment ripe for innovation and growth. We’re excited to see Inspect develop groundbreaking tools and services that cater to the needs of the Polygon community and expand the NFT ecosystem as a whole. We’re eager to see the remarkable advancements that will emerge from Inspect’s efforts and look forward to a future of continued growth and success in this ecosystem.
The partnership demands that the Polygon-based NFTs are integrated into the Inspect’s platform to promote accessibility and interoperability. They also have plans to encourage NFT and blockchain adoption by designing educational initiatives and community engagement programs. Inspect would create tailored innovative tools and services to solve the existing challenges of the Polygon community.
Finally, there would be research and development efforts to critically investigate new use cases and technologies that can improve the Web3 and NFT markets.
Polygon initially developed scaling solutions that have seen a massive adoption with unique addresses of more than 211 million, over 1.12 million smart contracts, 2.36 billion total transactions processed, and also boasting tens of thousands of decentralized apps.