What on earth is NFT? Is it a new kind of totem, or is it just an algorithmically generated .jpg? With ERC721 smart contracts deployed one after another, there seems to have built a new consensus.
Searching through these month-old “conventions,” you may find that breaking conventions might lead to realizing the full potential of NFTs.
• A total of 10,000 avatars NFTs are released;
• NFTs are not stocks nor equities. NFTs, as collectible digital artworks, cannot be destroyed or reversed;
• NFT avatar collections are deployed on Ethereum;
• NFTs are quote in ETH;
• NFTs are designed to be locked with listed for sale;
• NFTs can be put at stake to earn passive income for the holder.
It’s time to break these conventions.
Polygon Warrior NFTs
“Polygon Consensus 2022,” jointly held by Polygon and BitKeep, the world’s largest Web3 multi-chain crypto wallet, is now in full swing. Polygon has shared some in-depth insight under the theme of “Polygon, Up, Above and Beyond” during a live streaming event.
More than 50 Polygon projects have participated or will join BitKeep in the AMA sessions and Twitter Space Roundtable sessions. For the whole month of the event, BitKeep has also launched gas-free activities for Polygon transactions, further reducing the cost of joining the mainnet’s ecosystem.
Polygon Warrior, a PFP NFT representing the theme of “Polygon Consensus 2022”, will be available for minting in the BitKeep app on May 17, 2022, at 20:00, Singapore time. A total of 10,000 NFTs will be created and greet their first holders.
Designed by young artist Han, the collection breaks away from the conventional standing portraits to embody the Polygon mainnet and its ecosystem, who consistently go above and beyond, showing a young warrior flying with his arms reaching forward.
Each Polygon Warrior NFT costs 100 MATIC to mint. But unlike traditional NFTs, Polygon Warrior NFT adopted a novel mechanism called “reversible mint.”
Starting from July 17, 2022, holders of Polygon Warrior NFTs can burn their NFTs at any time by way of “reversable mint” to get 100 MATIC of minting costs refunded.
With no time limit on the reverse action, the “reversable mint” mechanism is operated by smart contracts, ensuring the rights and interests of Polygon Warrior holders and setting the stage for deflation of the 10,000 NFTs.
With the “reversable mint” mechanism embedded, Polygon Warrior NFTs come out as a new kind of NFT. Combining intrinsic values, unique IDs, rarity, and aesthetic value, they imply infinite possibilities brought by the innovations from Polygon.
Polygon Warrior, as a badge of honor for all Polygon supporters and ecological builders, will shine loud and proud with the expansion of Polygon.
Named after and stored on Polygon, Polygon Warrior NFTs will be quoted in MATIC. After launching at the first Polygon Consensus, it will become an integral part of the Polygon ecosystem.
It will serve as a totem that helps spread the message of Polygon’s creative spirit and build a stronger community consensus. Doing so will propel Polygon forward toward its next goal.
The story of Polygon Warrior started out with Polygon, a made-in-India cryptocurrency protocol. Polygon grew on its own without the help of top exchanges, the empowerment of the native blockchain community in the western world, and the funds from premium investment institutions.
Struggling against all odds to survive and thrive, Polygon is undoubtedly a warrior who constantly levels up, ripping all the thorns. Jaynti Kanani, Polygon co-founder and CEO is just a walking representation of this warrior.
Born into a family of Indian workers, Kanani was the son of a diamond factory worker who lived in a small house on the outskirts of Ahmedabad in Gujarat.
With a family who could barely afford his tuition, the young boy was obsessed with the thought that one day he would land a decent, well-paid job to help pay off his father’s debt.
In 2017, Kanani came across a killer NFT project—CryptoKitties, sought after by virtually everyone in the blockchain world. However, the congestion of Ethereum also caused the gas fee to skyrocket.
Hearing people complaining about its inefficiency, Kanani started to think about scaling Ethereum because for those who tried to deploy anything on Ethereum. They would need scalability, or else they would be paying a huge sum of gas fees and waiting for minutes to get their transactions validated.
Kanani braved the obstacle like a warrior and launched the Polygon project without hesitation.
Today Polygon has become the most important blockchain infrastructure. It not only won the favor of native blockchain projects such as Uniswap, Curve, OpenSea, AAVE, Sandbox, ChianLink, MakerDAO, and 1inch but also spawned a large number of innovative Web3 and Gamefi apps such as Quickswap, Dynf, Planet IX, Sunflower Land, Aavegotchi, Pegaxy, etc. As of the latest statistics, 7000+ DApps have established themselves in the Polygon ecosystem.
The Polygon ecosystem is like a training ground for warriors, bringing highly competitive innovative projects to the Web3 world.
What does Polygon hold for BitKeep?
As the co-organizer of Polygon Consensus 2022 and the first launch platform of Polygon Warrior, BitKeep is actively participating in the construction and promotion of the Polygon ecosystem. Kevin, the founder of BitKeep Wallet, commented on Polygon, saying: “Compared to other Ethereum-compatible chains, Polygon has reached consensus on an extended basis, as proofed by the moves of Uniswap and OpenSea, who joint the ecosystem.
However, people failed to notice that behind these hottest projects, countless DAapps were deployed on the Polygon public chain. The number of addresses created on Polygon is as high as 140 million. Even when the blockchain market turns cold, 50,000 new addresses are generated here each day. If you call Ethereum a noble chain, then Polygon is a much more accessible civilian chain.”
According to the latest statistics from BitKeep Wallet, USDC, the most active token on the Polygon chain, averaged more than 2.5 million transactions per day, and the number of transactions initiated on BitKeep Wallet reached 350,000.
It’s safe to say that the BitKeep wallet has become the most important gateway to the Polygon ecosystem. “USDT is more commonly used by Asian users. In fact, in the Polygon ecosystem, the daily trading volume of USDT is only one-sixth of that of USDC.
BitKeep Wallet has onboarded a large user base in Europe and America, thus achieving explosive growth by integrating with the Polygon ecosystem.” Kevin added.
BitKeep Wallet allows users to manage assets across multiple chains by supporting the Polygon ecosystem. Assets on Ethereum, BNB Chain (formerly BSC), or TRON can be swapped to any asset on the Polygon chain directly via the built-in Swap feature in BitKeep Wallet.
Taking only 30 seconds to complete a transaction, the feature fulfills users’ needs for the management of multi-chain assets.
The two-way cross-chain Swap presents an efficient bridge connecting the previously fragmented blockchain. Like the flying Polygon Warrior, BitKeep is constantly traveling across various mainstream public chains to push the boundaries of blockchain.
Grow with the Polygon Warrior
Join us to mint Polygon Warrior NFTs! It will open endless doors of opportunities in the Polygon ecosystem for you. Embrace Polygon Warrior and grow with Polygon.
Polygon Warrior Profile
1. Quantity: 10,000 NFTs
2. Mint price: 100 MATIC
3. Minting starts on May 17, 2022, at 20:00 Singapore time
4. Reverse minting starts on July 17, 2022, at 20:00 Singapore time
5. NFT will be burned upon reverse minting and cannot be minted again
6. Initial launch platform: BitKeep