The deal means that all digital assets on Polygon will be compatible with the certification system that Wakweli has developed. Every NFT project holder on the chain will also be able to request authenticity certificates for each of their assets.
Advanced use-case scenarios will also be available for developers via the Wakweli platform and API, such as automatic certification requests upon minting or accessing more precise certification data. Moreover, the project will support developers and holders and looks forward to working towards a more secure digital ecosystem with all Polygon collaboration.
“Since 2021, when ETH fees skyrocketed, Polygon established itself as the go-to chain to mint assets and has performed extremely well ever since – it is now the home of incredible NFT projects”, said Antoine Sarraute, Co-Founder of Wakweli.
“We built Wakweli to create a safer web3 space across all chains, and today we are thrilled to collaborate with Polygon. This will enable Wakweli’s certification power to all Polygon users and unlock a definitive way to fight scam attempts, creating more trust in this thriving ecosystem.”
Wakweli’s community-powered protocol incentivizes users to review certificate requests using a unique consensus method known as Proof-of-Democracy (PoD), with all certified assets carrying a green tick. This symbol is automatically displayed next to assets when appearing in marketplaces, giving users confidence that the item is genuine.
Before securing its collaboration with Polygon, the protocol secured $1.1 million in funding after onboarding several early backers, including VCs and angel investors.
About Wakweli
Wakweli is an NFT certification protocol based on a decentralized consensus algorithm called Proof of Democracy (PoD). The infrastructure platform issues certificates of authenticity for NFTs and other tokenized assets to combat fraud in the growing web3 ecosystem. Wakweli raised over $1.1 million from investors during its first funding round in 2023.
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About Polygon Labs
Polygon Labs develops Ethereum scaling solutions for Polygon protocols. Polygon Labs engages with other ecosystem developers to help make scalable, affordable, secure, and sustainable blockchain infrastructure available for Web3. Polygon Labs has initially developed a growing suite of protocols for developers to easily access major scaling solutions, including layer 2s (zero-knowledge rollups and optimistic rollups), sidechains, hybrid chains, app-specific chains, enterprise chains, and data availability protocols.
Scaling solutions that Polygon Labs initially developed have seen widespread adoption with tens of thousands of decentralized apps, unique addresses exceeding 211 million, over 1.12 million smart contracts created, and 2.36 billion total transactions processed since inception. The existing Polygon network is home to some of the biggest Web3 projects, such as Aave, Uniswap, and OpenSea, and well-known enterprises, including Robinhood, Stripe, and Adobe. Polygon Labs is carbon neutral with the goal of leading Web3 in becoming carbon negative.
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