What blockchain technology is your platform built on and why was this technology selected?
What blockchain technology is your platform built on? Why was this technology selected and how will it shape your company’s long-term vision?
The platform is built primarily on Polygon. We wanted to use an EVM-compatible blockchain and capitalize on the benefits of the advanced tooling, community, and stability of the Ethereum ecosystem while at the same time minimizing gas fees and transaction times. Our setup on Polygon gives users the flexibility to bridge assets to the Ethereum main chain if desired, without requiring large transactions costs for all operations and making lower-priced NFT assets attainable. Aside from making transaction costs lower, we also prefer Polygon’s PoS consensus algorithm for its environmental benefits.