NFTs are non-interchangeable units of data stored on a blockchain, a form of digital record. Types of NFT (non-fungible token) data units may be related to digital files such as images, videos, audio, and more. Each token may also be uniquely identifiable. NFTs are very different from cryptocurrencies such as the $Kally.
NFTs traded over 24 billion dollars in sales globally with some art selling for more than 500 million dollars in 2021. More than just art, NFTs have become a signature of value and authenticity with digital files. This technology is fairly new and as such, it has a few challenges here and there. Some of which seemed tolerable until the introduction of Polkally.
Polkally is a new NFTs auctioning protocol inspired and developed by artists to serve the fast-growing NFTs community, creating a safe space for both investors and traders. Anticipation has been very high with traders and investors as this new interoperable commerce platform introduces a better and more user-friendly model than most established protocols in the sector.
We encourage that with personal research and sound investigation, Polkally should be of great interest if anyone is enthusiastic about crypto and NFTs. The Polkally team is in the final stages of releasing the first public protocol that vanquishes major obstacles in the NFT trade sector like outrageous fees and expenses for example. The protocol is IPFS based to ensure maximum security, privacy, and it is thoroughly audited by Hacken, a reputable trademark in this field.
More than just that, there will be opportunities like staking on the protocol and the native currency $KALLY has a market cap of about 1.2m.
Polkally is a P2P auction platform for NFTs, powered by EVM-based blockchains & IPFS
Our goal is to build the most interoperable and user-friendly marketplace ever, allowing artists and everyday people to unleash the true power of virtual artworks
The project was launched in mid-February 2021 and is still under development
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