Sweet, a leading provider of distributed ledger technologies (DLT) and blockchain-based platforms, has announced the integration of Polygon / Matic into its expansive NFT platform, Sweet Token, in a move that will better serve the blockchain community.
Sweet , a company that produces blockchain infrastructure for financial institutions and fintech companies, announced on Wednesday the integration of Polygon into its Blockchain-as-a-Service (BaaS) platform.
The cryptocurrency market has seen many companies in the news lately for various reasons, but few of those stories have been as noteworthy as the announcements made by Sweet. The latest in crypto news shows that the company is continuing to expand their presence in the industry, by integrating Polygon and Matic into their broad-scale, consumer-first NFT platform.. Read more about polygon crypto news and let us know what you think.sponsored by New York, NY – 1. Jun 2021 – Sweet, the first NFT solution provider to develop a platform capable of mining and distributing NFT at scale while remaining environmentally friendly and consumer focused, has announced the completion of Polygon’s (formerly Matic Network) blockchain integration into its NFT solution. Sweet is leading the way in a new way for brands to distribute NMT through engaging consumer experiences using a multi-network or agnostic approach. With the addition of Polygon, Sweet now uses the Polygon / Matic Ethereum sidechain, avoiding the high gas costs and slow transaction processing that would otherwise prevent tokens from creating and distributing NFTs at scale. Tom Mizzone, CEO and founder of Sweet, shared his thoughts as he entered Polygon: Sweet’s blockchain agnostic approach offers choice to our brand partners and allows us to tailor the right NFT blockchain solution to a brand’s specific consumer application. The acquisition of Polygon strengthens our position as a market leader in NFT solutions and gives us the flexibility to meet our customers’ needs in a secure, cost-effective and scalable manner. Sweet’s technical director Ken Ellis commented: We have evaluated many blockchains, and Polygon is a good match in terms of speed, cost, and ability to handle large volumes of tokens. Their adoption by organizations like OpenSea also influenced our decision, as compatibility with other portfolios and platforms is an important factor for consumers. on candy: Sweet is a highly scalable, environmentally friendly and non-fungible tokenization platform (NFT) used by leading entertainment and consumer brands. Sweet offers the flexibility of large-scale NFT distribution, giving leading entertainment companies the opportunity to generate new revenue and increase customer loyalty. Sweet has created one of the most energy-efficient NTF platforms in the world and can use blockchain to quickly set up large distribution campaigns to customers. Contact Information for Sweet: Peter Kaiser, Director of Marketing, Sweet New York, New York. (201) 775-9000 [email protected] This is a sponsored article. Find out how to engage our audience here. Read the disclaimer below. Photo credit: Shutterstock, Pixabay, Wiki Commons Denial: This article is for information only. It is not a direct offer or invitation to buy or sell, nor is it a recommendation or endorsement of any goods, services or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author shall be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services referred to in this article.Sweet has integrated Polygon / Matic into its broad-scale, consumer-first NFT platform. This means Polygon and Matic are now available to all users as part of their NFT portfolio. Sweet has also announced that it is launching a new consumer NFT product, known as ‘Coin’, which will be the first NFT platform to perform a Proof of Risk and Verification (PoRV) on newly issued assets. This is an important step towards achieving ‘Gold Standard’ status.. Read more about future of cryptocurrency 2021 and let us know what you think.
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