The Upcoming Label Foundation’s NFT Marketplace Will Fully Support Polygon Network

The Upcoming Label Foundation’s NFT Marketplace Will Fully Support Polygon Network

LABEL is an unparalleled NFT infrastructure built on top of Ethereum Network, powered by LBL utility and governance token with a unified goal to establish a fair profit-sharing ecosystem with the permissionless integration of IP rights. LABEL provides a decentralized P2P incubating platform to invest in world-class entertainment-education content through the DAO voting system to further allow contributors to claim profits through the NFT shareholding mechanism.

Label Foundation is now partnering with Polygon Studios to join their rapidly growing ecosystem. Polygon is a layer 2 scaling solution that runs alongside the Ethereum blockchain making transactions faster and cheaper. Polygon’s network will help expand the blockchain capabilities of Label Foundation’s marketplace along with helping them connect to other blockchain projects in their ecosystem. Label’s NFT marketplace is scheduled to be launched in June, and they plan to have it fully supporting the Polygon Network along with the Binance Chain and Ethereum. NFTs minted in their platform will be in the Polygon Network.

Label Foundation will be launching the first batch of exclusive NFTs in collaboration with famous artists. The partnership with Polygon Studios facilitates the new drop of their NFTs in their NFT marketplace along with future releases. A more elaborate explanation will be provided in the near future.

Polygon Studios is the Gaming and NFT arm of Polygon focused on growing the global Blockchain Gaming and NFT Industry and bridging the gap between Web 2 and Web 3 gaming through investment, marketing and developer support. The Polygon Studios ecosystem comprises highly loved games and NFT projects like OpenSea, Upshot, Aavegotchi, Zed Run, Skyweaver by Horizon Games, Decentraland, Megacryptopolis, Neon District, Cometh, and Decentral Games.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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