Cere Network and Polygon Launch ‘NFT Content Monetization’ Platform Davinci – Blockchain Bitcoin News

Home » 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 referred to as Davinci, a challenge 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 change into an enormous deal and a billion-dollar business over the past 12 months. Nonetheless, the house has change into full of controversies as effectively with points pertaining to mental property and copyrights to issues like immutability.

In March 2021, there was a furious debate over immutability considerations tied to NFT expertise. 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 is just not saved securely on the blockchain,” Jin mentioned in an announcement in the course of the Davinci launch. “It is a downside, just because your NFT can lose its content material and related worth. The Davinci platform solves this downside through Cere DDC’s safe decentralized content material supply improvements.” The Cere Community government added:

We’re actually breaking new floor right here, each for the leisure business and shopper enterprises, via a brand new commonplace for decentralizing information/content material together with the Polygon workforce.

Davinci’s Platform NFTs Stay Linked to the Unique 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 challenge referred to as Arweave. In line 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 via using sensible contracts that assure a share of the royalties from any sale and set up a approach 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 software will improve the business’s progress.

“There’s a lot extra that artists and followers are capable of accomplish and entry via Davinci that realizes extra of the blockchain potential to the mainstream customers,” Nailwal remarked. Artists, performers, and types get extra income from their distinctive content material, whereas followers get higher experiences and safe supply of their belongings.”

Tags on this story
Arweave, Blockchain, Blockchain security, Cere, Cere Network, Cere Network Polygon, Davinci, Fred Jin, Immutability, IPFS2Arweave.com, nft, NFT Assets, NFT immutability, nft platform, NFT Tech, NFTs, Non-fungible Token, Polygon, Polygon (MATIC), Polygon Network, Sandeep Nailwal, securing via blockchain, Web3 platform

What do you concentrate on the Cere Community and Polygon-powered NFT and Web3 platform Davinci? Tell us what you concentrate on this topic within the feedback part beneath.

Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist dwelling in Florida. Redman has been an lively member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com Information concerning the disruptive protocols rising at the moment.

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