Polygon, a layer-2 scaling platform, and Wakweli, a Web3 infrastructure protocol that issues certificates of authenticity for nonfungible tokens (NFT), have officially joined forces to make NFT authentication possible.
All digital assets on Polygon will be compatible with Wakweli’s certification system as a result of their partnership. The announcement states that each Polygon chain NFT project holder has the ability to request authenticity certificates for each asset. The collaboration generally aims to improve the digital ecosystem’s security.
Antoine Sarraute, a co-founder of Wakweli, stated that staking WAKU, Wakweli’s utility token, is required to create a certificate request in response to the cost of certificate authentication for users. The amount of money to put into a request is linked to the amount of trust required for each case.
The two businesses began negotiating a partnership agreement in August 2022, and the agreement’s final terms were finalized in March.
Wakweli’s testnet, which can be used with Polygon’s Mumbai testnet, will be available in April. Alpha testing on Polygon’s mainnet will begin in the second quarter of 2023, and general mainnet compatibility should be ready by the third quarter of that year.
Sarraute explained that the partnership between the two businesses has unlocked a definitive method to combat these scam attempts by providing a means of detecting counterfeit NFTs. This has increased trust in the thriving ecosystem.
Developers will have access to advanced use case scenarios via the Wakweli platform and API, such as automatically generating certification requests when minting or accessing more in-depth certification data.
The Polygon Foundation has also worked with the South Korean multinational Lotte Group to show off the company’s NFT projects over the past month.
Through partnerships with major companies like Starbucks and Adidas, Polygon has gained a lot of traction, which has led cryptocurrency users to use the network more.