NFT certification protocol Wakweli partners with Polygon
Wakweli, the web3 infrastructure protocol that issues certificates of authenticity for non-fungible tokens, has joined forces with the Polygon blockchain platform. The two companies announced the official collaboration today.
With this partnership, all digital assets on Polygon will be compatible with the certification system that has been developed by Wakweli. Even so, every NFT project holder on the chain will also be able to request authenticity certificates for each of their assets.
In addition, Developers will have access to advanced use-case scenarios through the Wakweli platform and API, including features like automated certification requests for minting and accessing more precise certification data. Additionally, the project will offer support to developers and project holders and aims to collaborate with Polygon toward creating a more secure digital ecosystem.
“Since 2021 when ETH fees skyrocketed, Polygon established itself as the go-to chain to mint assets and has performed extremely well ever since – it is now the home of incredible NFT projects,” said Antoine Sarraute, Co-Founder of Wakweli.
“We built Wakweli to create a safer web3 space across all chains, and today we are thrilled to collaborate with Polygon. This will enable Wakweli’s certification power to all Polygon users and unlock a definitive way to fight scam attempts, creating more trust in this thriving ecosystem.”
Wakweli’s community-powered protocol incentivizes users to review certificate requests using a unique consensus method known as Proof-of-Democracy (PoD), with all certified assets carrying a green tick. This symbol is automatically displayed next to assets when appearing in marketplaces, giving users confidence that the item is genuine.
Prior to securing its collaboration with Polygon, the protocol secured $1.1 million in funding after onboarding a number of early backers, including VCs and angel investors.
Wakweli is an NFT certification protocol based on a decentralized consensus algorithm called Proof of Democracy (PoD). The infrastructure platform issues certificates of authenticity for NFTs and other tokenized assets to combat fraud in the growing web3 ecosystem. Wakweli raised over $1.1 million from investors during its first funding round in 2023.
Polygon Labs develops Ethereum scaling solutions for Polygon protocols. Polygon Labs engages with other ecosystem developers to help make available scalable, affordable, secure, and sustainable blockchain infrastructure for Web3. Polygon Labs has initially developed a growing suite of protocols for developers to gain easy access to major scaling solutions, including layer 2s (zero-knowledge rollups and optimistic rollups), sidechains, hybrid chains, app-specific chains, enterprise chains, and data availability protocols.
Scaling solutions that Polygon Labs initially developed have seen widespread adoption with tens of thousands of decentralized apps, unique addresses exceeding 211 million, over 1.12 million smart contracts created and 2.36 billion total transactions processed since inception. The existing Polygon network is home for some of the biggest Web3 projects, such as Aave, Uniswap, and OpenSea, and well-known enterprises, including Robinhood, Stripe and Adobe. Polygon Labs is carbon neutral with the goal of leading Web3 in becoming carbon negative.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for dApps you develop, get started here.