AlchemyNFT’s AutographNFT now on Polygon for asset authentication
Polygon has AutographNFT live on its acclaimed NFT ecosystem (Ethereum scaling solutions). This new development would let users digitally sign their cherished NFTs for authentication. The high gas fees and transaction speed issues would also be resolved. An AlchemyNFT initiative, AutographNFT facilitates new utilities for NFTs via EVM-based smart contracts and TokenScript framework. AutographNFT’s Polygon network leverage would ease gas fees and boost transaction speeds.
Signing NFTs via Twitter, users can now provide financial incentives against availing assuring signatures from other Twitter users. Users can opt to donate their incentives for charity purposes, as well. Mark Cuban-backed AutographNFT facilitates users to digitally sign (or autograph) their beloved NFTs. Doing so indicates genuinity of the artist or that of the previous NFT holder.
Prior to AutographNFT x Polygon feature availability, users used to pay a high gas fee on Ethereum for securing signatures. Soaring as high as US$70 lately, the average transaction fee acted as a deterrent then for newbies to participate in the NFT ecosystem. Notably, no limits exist on the number of signatures a single token can receive.
The AlchemyNFT platform makes it possible to develop new utilities for NFTs also via its proprietary TokenScript framework (TSF). The TSF gives fresh features to NFTs via offering context, security, and cross-platform functionality (iOS, Android and Web). The AutographNFT allows adding digital signatures to NFTs. Using the platform, people can also seek digital autographs from acclaimed celebrities and artists (paying the latter for their autographs). Further, the proceeds can also be donated to charities. AlchemyNFT’s project team includes AlphaWallet’s CEO (Victor Zhang) and CTO (Weiwu Zhang). It has raised US$6 million from investors, such as Mark Cuban, Crypto.com Capital, Framework Ventures, and Mechanism.