PolkaPlay to Develop a Multichain NFT Solution on PolkaFoundry

PolkaFoundry and PolkaPlay have entered into a partnership to open the NFT market for content creators.

PolkaFoundry is pleased to announce our strategic partnership with PolkaPlay, a unique platform to create and convert content seamlessly to NFTs while earning rewards. In this partnership, the partners have agreed to complete the commitments below:

  • PolkaPlay will use PolkaFoundry one-stop production hub to integrate its NFT platform into the Polkadot network;
  • PolkaFoundry contributes experience with the Polkadot and UX-enabling features for refining the PolkaPlay NFT platform;
  • PolkaPlay plans to explore the utilization of PolkaSmith, PolkaFoundry canary on the Kusama network.

The creator economy received a significant boost in 2021 from the pandemic. Millions of people under lockdown opted for spontaneously created digital content such as images, short videos.

At the same time, the forgery of intellectual property in the Internet’s depths keeps getting worse. After tremendous efforts, a few creators get rewards matching their creativity.

PolkaPlay offers an innovative platform that helps creators tokenize their works and ensure their ownership rights. After that, creators can effectively monetize by minting, sharing, or selling the contents at a creator-friendly NFT marketplace. One distinctive feature of PolkaPlay is that it allows all users, including both creators and viewers, to earn rewards from the level of engagement on the platform. Creators, viewers are in a win-win situation that PolkaPlay’s dynamic vision clearly illustrates.

PolkaFoundry and PolkaPlay partnership is a powerful combination. PolkaFoundry’s understanding of the Polkadot system, deep engineering expertise, and our collaborative approach will facilitate the vision of PolkaPlay. We believe this helps to generate a leading technology NFT platform for content creators.” commented Thi Truong, PolkaFoundry Founder and CEO.

PolkaPlay’s CEO, Sugnesh Patel, states that “We always look forward to working alongside like-minded and ambitious projects which trust and work for the development of NFT and DeFi, to create a haven for a strong community of artists, musicians, collectors, and more. We are confident we will accomplish great results with the formation of this partnership.”

About PolkaPlay

From content to NFTs, PolkaPlay is the easiest way to create, sell, and collect NFTs. PolkaPlay provides a social NFT platform for users to create images, short videos, and NFTs seamlessly while earning rewards through positive engagement. This exciting new product, therefore, allows users to monetize content whether through minting, selling, or viewing.

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About PolkaFoundry

PolkaFoundry is a platform for building borderless and frictionless DeFi & NFT dapps on Polkadot. It aims to be the one-stop production hub for DeFi & NFT dapps with all the necessary features, services, integrations, and tools for DeFi experiments, innovations, and real-world solutions. Taking advantage of Polkadot’s interoperability and scalability and integrating many DeFi-friendly services into the platform, PolkaFoundry also provides UX-enabling features that make dapps as easy to use as everyday applications and bring dapps to the masses.

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