Polygon Acknowledges and Rewards ITSMYNE for Excellence in Marketplace Technology for Officially-Licensed NFTs

Published on: 20.12.2021

ITS MINE ($MYNE) by NFT Labs, Inc. is building the world’s first social-plus marketplace for officially-licensed NFTs. ITSMYNE ($MYNE) is delighted to announce that it received an ecosystem grant and show of support from leading blockchain infrastructure provider Polygon ($MATIC).

This grant supplements the announcement of NFT Labs having partnered with Reliance Entertainment, Phantom Films, and Social Swag to design, mint and distribute official digital collectibles (NFTs) of the 83 Movie. Starring Ranveer Singh, Deepika Padukone, Pankaj Tripathi and others, the 83 Movie is based on the true story of India’s iconic victory against West Indies in the 1983 ICC Cricket World Cup.

NFT enthusiasts and cricket fans globally can sign up and purchase the aforementioned 83 Movie NFTs on nft.socialswag.com.

This ecosystem grant from Polygon ($MATIC) to ITSMYNE ($MYNE) by NFT Labs, Inc. marks the beginning of a strategic partnership between Polygon and NFT Labs. This partnership enables NFTs on ITSMYNE to benefit from Polygon’s marketing and distribution support, in exchange for NFT Labs bringing iconic assets like the Official 83 Movie NFTs to Polygon.

NFT Labs is the developer of ITSMYNE, a mobile and web-based social-plus marketplace for officially licensed sports NFTs that enables Web 3 enthusiasts and sports fans to “talk NFTs, trade NFTs’ ‘. NFT Labs is also the issuer of the MYNE token ($MYNE), a BEP-20 utility token for ITSMYNE and partner dApps. MYNE serves as the gateway between traditional social media and blockchain-based social economies.

Polygon is the first well-structured, easy-to-use layer-2 platform for Ethereum scaling and sovereign blockchains acting as a full-fledged multi-chain system. Its fundamental integrant is the Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, 350M+ txns, and ~13.5M+ distinct users reflecting the flourishing ecosystem owing to its affordability and speed.

SOURCE:
ITSMYNE

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