Polygon Partners with Vera to Bring Decentralized NFT Rentals, Lending, and Mortgages to its 100+ NFT Apps

Polygon’s NFT ecosystem has been rapidly growing with more than 100+ NFT d-apps opting to build on their blockchain such as OpenSea, Aavegotchi, Zed Run, Neon District, Valuables, and Megacryptopolis. By integrating with Vera, Polygon’s ecosystem of NFT applications will have access to Vera’s first of its kind DeFi services, while avoiding the high gas fees required by Ethereum, and maintaining compatibility with the world’s largest NFT marketplace, OpenSea which is currently not compatible with BSC NFTs.

OpenSea supports Polygon NFTs and accounts for 97% of NFT sales. This will boost Vera’s position towards its aspiration to be the number one decentralized protocol for NFT renting, lending, and mortgages on Polygon NFT applications.

Vera has successfully launched a bridge and a MATIC ERC-20 token on Polygon. Furthermore, Vera has recently secured an exclusive partnership with Polygon’s first metaverse operating system platform, Totem, which features an all-star team lineup that includes Ron Williams, former VP of Riot Games, Sandeep Nailwal, Polygon Co-Founder, and Shreyansh Singh, Polygon Head of NFT/Gaming.

“While Polygon enables scalability for Ethereum applications, Vera enables a new generation of financial NFT applications to be built on Polygon with low to no code,” comments Denis Lam, Founder of Vera. “Our mission is to allow any metaverse or marketplace to generate new revenue streams, reimagine user experiences, and empower communities.”