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ngageN is going live on Polygon

ngageN is an exclusive, invitation-only platform for Brands to create NFTs for their fans & brand connoisseurs.

What is an NFT?

Simply put, an NFT is a representation for your digital asset on a blockchain. Just like software (e.g. Microsoft Word) is bought and sold today, NFTs enable digital assets to be licensed digitally. The exchange of these NFTs is recorded on a Blockchain.

What is Blockchain?

A Blockchain is a digital ledger on which the sale & purchase of NFTs is recorded. It is a secure, distributed database.

What does the NFT buyer get? Will I lose the copyright on my content?

NFT holders get limited rights to the digital content on which the NFT is issued. These rights might include displaying the digital asset on social media websites, apps, video games etc. The sale of an NFT does not transfer the copyright of the digital asset to the buyer. On ngageN, the sale of an NFT, does not grant the NFT holder any commercial rights to the digital asset.

Why is ngageN an invitation-only platform?

The current NFT landscape compromises the credibility of the whole ecosystem. We need a platform to assure the authenticity of the certificate issuer (NFT creator). ngageN achieves this in three ways:

By inviting reputed content owners on the platform, ngageN ensures that NFTs are credibly sourced.

NFT creators also sign a legal declaration that they are the copyright holders of the digital asset on which they are issuing NFTs.

By registering all subsequent sales of the NFT on a public Blockchain, ngageN creates an auditable provenance certificate for each NFT.

What can you do on ngageN? Why not use an NFT marketplace for your brand?

NFT “marketplaces” are too transactional where the engagement between the creator and buyer ends with a transaction. ngageN aims to change this with:

  • Private-Members Only Club for every Brand with a private chat room between brands & NFT holders.
  • Share Exclusive Content with NFT holders making Branded NFTs truly valuable.
  • Brand Engagement to be extended to the physical world with QR codes.

Where will my content sit? What about DRM protected content? Can I issue NFTs on that?

ngageN gives you a choice. You can store the digital asset on which you want to issue an NFT on a publicly accessible network. You can also store your digital asset on a private server so that it can be accessed ONLY by those who have bought an NFT on that asset.

What about taxes & other regulations?

ngageN enables a Brand to engage with fans on ngageN by minting an NFT and licensing their digital content. Taxes & levies are applied accordingly.

How can I get started?

To collect NFTs, download our ngageN app and get started. To create NFTs, download our ngageN app and request an invitation.

About Polygon

Polygon

Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 700+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.

About ngageN

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ngageN is an exclusive NFT platform for Media & Brands. Designed with an underlying philosophy of respecting copyright laws, ngageN assures fans, followers & connoisseurs that the NFTs they are collecting are credibly sourced and backed with trustable provenance. ngageN is an invitation-only platform for creators to generate revenue from their digital assets, to drive new forms of fan engagement and to build immortal digital legacies. Created by one of the leading Blockchain companies in India, ngageN assures the security & storage of all digital assets and does not require users to own any cryptocurrency. With a mobile app launching soon, ngageN is currently inviting premiere brands and media houses to join the NFT-powered digital economy.

Kindly visit our Website to pre-register.

About Godwin

Godwin is a multi-faceted writer. He covers the latest and most significant news in the crypto industry for Newsbsc. Aside from his work here, he writes exceptional SEO optimized web contents for other websites in different sectors.

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