Ibiza Token joins Polygon
As a key part of global strategy update, Ibiza token join Polygon, a protocol designed for building and linking Ethereum-compatible (ETH) blockchain networks in order to provide scalable, secure, and instant transactions using their plasma proof of stake chain.
This important step comes after last June’s integration on Polygon. It has been the starting point of the main development of IBZ on Layer 2, which now is getting real with the launch of the first Ibiza’s NFT marketplace, in partnership with Freeverse, based on Polygon.
The first Ibiza’s NFT Marketplace will connect local content creators and businesses with a global audience. Users will be able to get real artist’s NFT collectibles and local brand membership NFTs, which provide access to real world promotions, exclusive events and unique content.
With the vision of providing further information about the blockchain world to the local community and highlight the value of this strategy update, Ibiza Token has planned the development of educational content and events where the key features and benefits provided by the Polygon ecosystem will have a relevant role.
Why launch the NFT Marketplace on Polygon?
By choosing Polygon for their NFT marketplace, they are mitigating high fees and congestion on the Mainnet, so users can reduce gas fees 1000 times while enjoying faster transactions.
At PolygonGasStation.com you can check real-time gas fees for different operations.
We are confident that Polygon will contribute to scale our dApp and marketplace, increase security and onboard new users across multiple sidechains simultaneously. We are also sure that this partnership will let IBZ be part of a highly relevant ecosystem.
About Ibiza Token
Ibiza Token is an ERC-20 governance token running on Ethereum and Polygon Network, created expressly for and dedicated to the island of Ibiza. IbizaToken leverages the full potential of blockchain technology by directly connecting local content creators and businesses with a broader audience in order to develop a new digital trade ecosystem based on non-intermediation, efficiency, and security.
SOURCE: https://ibizatoken.medium.com/ibiza-token-joins-polygon-3bb3607f89a6
