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Polygon Network and Cere Launch Web3 DaVinci Media Platform

by Vaibhav
February 14, 2022
in News
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Polygon Network and Cere Launch Web3 DaVinci Media Platform
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Layer 2 Scaling Solution Polygon (MATIC) and Cere Network, a decentralized data cloud platform, or DDC, announced the launch of a Web3 collaborative media platform called DaVinci. Their stated mission is to store NFT-backed assets more securely and provide verifiable and truly decentralized data.

DaVinci is a direct content monetization platform for NFT-backed experiences that aims to facilitate both decentralized data transfer and the transfer of value of non-fungible tokens, or NFTs. Powered by DDC Cere, the platform provides personalized content streaming to NFT holders via smart contracts. And it uses Cere Freeport, the NFT mining platform deployed at Polygon, to create and sell functional NFTs that provide access to exclusive content.

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Sandeep Nailwal, co-founder and COO of Polygon, shared a statement that only the tip of the iceberg has been explored when it comes to NFT opportunities.

“With DaVinci, artists and fans alike can do and access so much more, better realizing the potential of blockchain for mainstream consumers. Artists and brands are getting more revenue from their unique content, and fans are having more fun and delivering their assets more securely.”

According to the company, some of the benefits that the DaVinci platform hopes to offer to creators are the guarantee of a share of royalties from any sale and a way to continuously deliver exclusive new content. Artists will also be able to access audience research and analytics tools to tailor their content to NFT holders and fans.

We are very proud to be kicking off our DaVinci Creator Reveals with the incredibly talented photography world cup winner @antti_karppinen. Layers of Being Human and other valuable assets will be sold for the first time during Antti’s premiere exhibition #DaVinci!

Related: Cere and Celer Networks team up to launch decentralized CRM solution

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Polygon recently closed a $450 million funding round led by Sequoia Capital India with the intention of expanding its scaling solutions. In addition, the Polygon network has been selected to run the Web3 social media protocol built by Aave, a DeFi lending platform.

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