Home NFT Polygon collaborates with Virtua to boost its NFT ecosystem

Polygon collaborates with Virtua to boost its NFT ecosystem

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Polygon collaborates with Virtua to boost its NFT ecosystem

Source: blockchain.news

Polygon on Tuesday announced a partnership with Virtua to help the NFT platform build a sustainable NFT ecosystem.

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With this collaboration, Virtua users can now benefit from Polygon’s reduced gas rates, faster transactions, and minimal environmental impact.

Virtua is a gaming platform and one of the leading NFT ecosystems in the industry. The platform gives artists, games, movies and brands the opportunity to create their own fully immersive digital experiences for fans through NFT 3D with substantial utility.

Users can display their NFTs and interact with animated collectibles in Virtua’s VR showrooms, all designed to function within the larger and more interoperable Virtua Metaverse.

According to the announcement, Virtua chose Polygon due to its scalability feature and green solutions (based on the switch from Ethereum to proof of stake), as well as benefit from the security of Ethereum.

“The merger further reduced Polygon’s carbon emissions by 99.91%, bringing Polygon one step closer to the 2022 carbon negative goal,” Polygon said in the blog post announcement. Polygon added: “Now, Virtua users can interact with the Virtua NFT ecosystem, guilt free.”

Additionally, through the partnership, Virtua would also gain access to Polygon’s latest zkEVM technology.

zkEVM (or “Ethereum Zero-Knowledge Virtual Machine”) is a virtual machine that generates zero-knowledge proofs to verify transactions or smart contracts on the blockchain.

Zero-knowledge proof is a method of proving a statement given to another party without having to show all the details except for the fact that the statement is true.

Polygon’s zkEVM technology will guarantee Virtua users even faster transactions with minimal gas fees and increased security.

Additionally, Polygon stated that its carbon negative commitment and low cost to mint NFTs are already attracting partners within the Virtua ecosystem, such as Dynamite Entertainment, Legendary, Hero ISL, and Williams Racing.

In addition to Polygon’s partnership with Virtua, last week the Layer 2 scaling platform also announced its partnership with the Ocean Conservation Exploration and Education Foundation (OCEEF) to further advance ocean literacy by finding new ways to expose people to deep-sea missions.

Image Source: Polygon

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