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Cross-chain DeFi protocol SuperFarm is integrating with Polygon to bring cryptocollectibles, or NFTs, to the masses.
NFTs: A Costly Business
Superfarm will now make use of the Polygon network, allowing users to create fast and low-cost NFTs using layer-2 solutions despite typically high gas fees on the Ethereum network.
SuperFarm is now live on Binance Smart Chain
Community members can now send and receive $SUPER with lower gas cost than Ethereum.
🔴AVOID SCAMS the official #BSC SUPER contract is 0x51BA0b044d96C3aBfcA52B64D733603CCC4F0d4Dhttps://t.co/bHrS048qR3 #BNB
— SuperFarm (@SuperFarmDAO) March 3, 2021
Right now, creating NFTs is costly because the Ethereum network is congested with activity. Until Ethereum 2.0 arrives, Polygon hopes to cut costs for those who want to use the network.
“Users are priced out of interacting on-chain due to high gas fees on Ethereum,” Polygon’s co-founder, Sandeep Nailwal, said. “Polygon’s scaling solution aims to solve that and provide a superior user experience without compromising on security.”
He added that SuperFarm users will be able to mint, sell, and farm NFTs for less than $0.01.
What Are Polygon and SuperFarm?
Polygon, backed by Coinbase and Binance, is already popular with NFT collectors. It uses Layer-2 secured changes and sidechains to create a scaling solution for the Ethereum blockchain.
SuperFarm, meanwhile, allows anyone to turn a token into an NFT farm with no code required. The project aims to create collectible tokens for use in AAA games and other applications.
Disclosure: This author held BTC, ETH, and DOT at the time of press.