San Diego, Calif., May 25, 2022 (GLOBE NEWSWIRE) — HUMBL, Inc. (OTC Markets: HMBL) today announced that it has completed the integration of the Polygon sidechain into HUMBL’s NFT platform, bringing will help creators offer NFTs more easily. to their collectors while reducing gas and minting costs.
As an Ethereum-based Layer 2 solution, the Polygon sidechain allows users to perform most transactions on the Ethereum blockchain for, in most cases, a fraction of the cost and with greater speed than the on-chain. main Ethereum.
NFTs are unique non-fungible cryptographic tokens that reside on a blockchain that cannot be replicated, allowing creators to tokenize their intellectual property or work product so they can be bought, sold, and traded in new ways on the blockchain.
“We believe that NFTs are still in the very early stages of the Web 3 token economy,” said Brian Foote, CEO of HUMBL. “NFTs have applications in intellectual property, content distribution and fan interaction and we look forward to helping NFT creators experience these channels here at HUMBL.”
The HUMBL NFT platform can be accessed at HUMBL.comand will also integrate its technologies over time into HUMBL’s “Search 3” search engine, which will launch on May 31, 2022 at Search3.com.
HUMBL is a web 3, blockchain platform with consumer products and a HUMBL Blockchain Services (HBS) business division.
Polygon believes in Web3 for everyone. Polygon is a decentralized Ethereum scaling platform and sidechain that allows developers to build scalable, user-friendly dApps with low transaction fees without ever sacrificing security.
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