Polygon Network has invested in the Define Social NFT platform. The platform aims to make NFTs more accessible for non-crypto users. Polygon and DeFine hope to work together to increase the level of interaction. As well as social engagement between all creators and digital currency users within the DeFi ecosystem.
About Define Social NFT Platform
DeFine is the social NFT platform for all creators including artists, musicians, influencers, gamers, and athletes. The platform facilitates all social interaction, engagement and communication for creators and their fanbase with digital assets like NFTs and social/fan tokens, and real assets on the blockchain. Owners of social/fan tokens will have many benefits including special access to the creators’ NFTs, merchandise, content, etc. while being part of a private community.
DeFine’s main features include A Digital credit system: An NFT-based social profile that will pave way for future NFT-based Defi features such as credit lending. Metaverse Profile: The NFT-based social profile will be utilized in different metaverses. The user’s activity is reflected among their profile. And finally, social/fan token minting: Creators will be able to launch their own social tokens in which they can customize their utility to improve fan engagement and develop new ways to interact with their community.
Polygon Network has clearly invested in the social aspect of NFTs. DeFine undoubtedly show their focus on this within their platform.
About Polygon
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. It has many of the benefits that Ethereum has, like the mainstream industry dominance and already established tech. They also have their own unique selling points. These additional benefits include faster transaction speeds, cheaper fees, and further environmental friendliness. They also claim that they don’t lack any form of security which is absolutely an essential thing for a blockchain solution.
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