Cere Network and Polygon Launch ‘NFT Content Monetization’ Platform Davinci – Blockchain Bitcoin News
On February 14, Cere Community and Polygon launched a non-fungible token (NFT) market and Web3 platform known as Davinci, a undertaking that goals to bolster the safety behind NFT information. The platform is described as an “all-in-one Web3 media platform” that leverages Cere’s decentralized information cloud (DDC) platform and the proof-of-stake blockchain community Polygon.
Cere Community Launches All-in-One Web3 Media Platform Constructed on Polygon
Non-fungible token (NFT) media has turn out to be an enormous deal and a billion-dollar trade over the past 12 months. Nonetheless, the area has turn out to be stuffed with controversies as effectively with points pertaining to mental property and copyrights to issues like immutability.
In March 2021, there was a livid debate over immutability considerations tied to NFT know-how. Fred Jin, the co-founder of Cere Community believes that NFT content material that’s not saved correctly is a matter.
“Most NFT content material just isn’t saved securely on the blockchain,” Jin stated in an announcement in the course of the Davinci launch. “It is a drawback, just because your NFT can lose its content material and related worth. The Davinci platform solves this drawback by way of Cere DDC’s safe decentralized content material supply improvements.” The Cere Community govt added:
We’re actually breaking new floor right here, each for the leisure trade and shopper enterprises, by way of a brand new normal for decentralizing information/content material together with the Polygon workforce.
Davinci’s Platform NFTs Stay Linked to the Authentic Creator
In the meantime, because the NFT immutability debate final 12 months, different strategies of securing NFTs have come into play, like leveraging IPFS2Arweave.com which makes use of a blockchain undertaking known as Arweave. In keeping with the Cere Community workforce, NFT royalties minted utilizing Davinci shall be tethered to the content material creators.
“Uniquely, every NFT created on Davinci’s platform will stay linked to the unique creator by way of the usage of good contracts that assure a share of the royalties from any sale and set up a means for the continual supply of unique new content material,” the Cere Community workforce’s announcement notes.
Sandeep Nailwal, the co-founder of Polygon believes the NFT ecosystem is simply getting warmed up, and Nailwal thinks the Polygon and DDC-crafted Davinci Web3 utility will improve the trade’s development.
“There may be a lot extra that artists and followers are capable of accomplish and entry by way of Davinci that realizes extra of the blockchain potential to the mainstream shoppers,” Nailwal remarked. Artists, performers, and types get extra income from their distinctive content material, whereas followers get higher experiences and safe supply of their property.”
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