On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media profiles, and the integration announcement highlights the protocol is now live on Polygon mainnet.
Lazy.com Joins Polygon
The non-fungible token digital art gallery Lazy.com has announced on Thursday that the protocol is now integrated with the Polygon platform, formally called Matic. The Lazy.com web portal says that the gallery is the “lazy way to show off your NFTs.” The Lazy project is also backed by the Shark Tank co-host and billionaire entrepreneur Mark Cuban. The integration with Polygon coincides with the launch of Polygon Studios. The newly crafted Polygon Studios is basically an NFT-focused gaming realm and metaverse designed to be a “hotbed of digital culture.”
Mark Cuban who is also a believer in Polygon, explained during the integration announcement that the Lazy.com project aims to bolster the NFT industry by making it more “approachable and accessible.” “Lazy.com does exactly as its name suggests — it’s the effortless way to show off your NFTs — designed to showcase NFTs in the same way galleries display art. Simple, easy, lazy,” Mark Cuban, the founder of Lazy.com, said.
Polygon Benefits and Complaints, Polygon Studios’ $100 Million Fund
The India-based cryptocurrency Polygon (MATIC) was specifically crafted to make Ethereum-based transactions cheaper. A number of NFT creators, blockchain games, and NFT marketplaces leverage the Polygon protocol. Well known platforms utilizing Polygon include projects like Opensea, Rarible, Beeple’s NFT platform, and more. Although, Polygon has seen technical issues, network difficulties, problems with Decentraland integration, and people have complained about staking issues.
However, data from Coin98 Analytics shared four different photographs of all the applications that leverage Polygon and the list is quite large. “Can you name an alternative Ethereum Layer 2 ecosystem that is bigger than Polygon?” the analytics provider Coin98 Analytics asks.
— Coin98 Analytics (@Coin98Analytics) August 1, 2021
While announcing the Lazy.com integration, Polygon detailed that Polygon Studios launched a $100 million fund focused on promoting gaming-related NFT projects. “The studio aims to help web 2.0 game developers integrate web 3.0 elements and NFTs into their platforms,” the company’s announcement notes.
Meanwhile, Shark Tank’s Mark Cuban understands that the NFT ecosystem still has a ways to go but he looks forward to seeing what it produces. “NFTs still have their adoption hurdles, but none are as consequential as transaction fees and efficiency — Polygon’s structured, and easy-to-use scaling solution obliterates these barriers. I’m excited to see how the NFT space develops from here,” Cuban concluded in the Lazy.com integration announcement.
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