What's in this article
Uptick Network is proud to announce the integration of Polygon via our cross-chain bridge protocol. This is just one more step in our quest to become the de-facto chain agnostic project in the NFT space. For this upgrade, the cross-chain NFT transfer functionality will officially go live, giving our users the ability to transfer NFT assets directly into the Polygon Network ecosystem.
After the launch of our flagship Uptick app just a few months ago, there have already been great strides made in enabling a truly multi-chain ecosystem. In order for NFTs to be sustainable long-term, we believe that users should be able to transfer across a host of different networks, providing their assets with true freedom of transfer. We are looking to build an ecosystem that will stand the test of time, and in order to do this, interoperability is a key factor in achieving this goal.
Connecting to a Thriving NFT Ecosystem
With Polygon, low fees and fast transaction speeds are ensured, along with the direct connection to an NFT ecosystem that is growing fast and gaining a lot of traction. Technically speaking, Polygon is a full-stack scaling solution that aims to provide a suite of tools to improve speed, reduce cost, and limit the complexity for the utilization of blockchain networks. Polygon’s aim is not to change the original blockchain, but instead to act as a commit-chain, and true to its name, provide a number of different sides to enable a truly interconnected network.
With a fast-growing ecosystem that solves the issues of speed and expensive transactions, these elements were a key motivator for the integration. Uptick Network’s goals align perfectly, as we believe this is what will enable the process of making NFTs accessible to the mainstream.
Trading volume for OpenSea on Polygon peaked at $51.7M in August, with over 190,000 active wallets, and with 77% of NFT sales totalling less than $100. These numbers are growing fast and we believe this integration will be a great value-add to the Uptick Network ecosystem at large.
Uptick Network will deploy the cross-chain bridge on Polygon and connect our flagship ‘Uptick’ app to the network. This enables our users to transfer NFT assets from inside the app, directly to the Polygon Network in a few simple steps. We will also enable the MATIC wallet inside the app, giving users the ability to send assets from Polygon to Uptick, creating a seamless interaction process.
By integrating Polygon, our users gain access to low fees, fast transaction speeds, and an ever-growing ecosystem aligned with our goals of a multi-chain network. We believe this integration will further contribute to and enable a truly interconnected Web 3.0 ecosystem.
The deployment of Uptick Network’s cross-chain bridge and Uptick app integration officially launched on Sep 30th, 2021. This makes the Uptick app fully compatible with Polygon’s NFT ecosystem, becoming a native Polygon NFT marketplace when users switch to the Polygon wallet inside the app.
Quote from Brian Xin, founder of Uptick Network
“I am excited to see the integration with Polygon become a reality so soon. This is an important step in the multi-chain interoperability strategy of the Uptick Network. It will greatly increase the liquidity of the large amounts of NFT assets in the Uptick Network. This is the first and most important step in Uptick’s strategy with Polygon, and I’m looking forward to seeing more features and services enabled in the next phase.”
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 Uptick Network
Uptick Network provides a comprehensive NFT business infrastructure in web 3.0, including but not limited to NFT asset life cycle management, NFT metadata standards, decentralized data management, rights management, gamification engine, multi-chain and cross-chain transferability and interoperability hub, etc.
Uptick Network empowers a wide variety of ecosystem applications, with a focus on pan-entertainment and lifestyle industries. Uptick NFT app is the first flagship mobile native all-in-1 NFT app in the ecosystem, covering crypto art, digital collectibles, virtual goods, music, video, e-publication, e-ticketing and fan economy.
To learn more about Uptick Network and download the Uptick NFT app, visit Uptickproject.com, follow @uptickproject on Twitter and @uptickproject on Medium, join uptickproject on Telegram, and reach the team at firstname.lastname@example.org