Open Right Exchange Network “ORE” Taps Polygon To Support NFTs

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

On July 11, 2022, the Open Right Exchange (ORE) Network announced incorporating new capability support for Polygon. The functionality will allow developers and users to build decentralized applications (DApps) that work efficiently with Polygon.

The Open Right Exchange is a decentralized network established by Open Rights Foundation in partnership with AIKON. ORE Networks serve as a bridge to mass adoption, integrating Web 2.0 to Web 3.0.

ORE Network already has active integrations with notable chains such as Ethereum, Polygon, Algorand, and EOS, with ORE expecting to add even more chains every quarter. The native token of ORE Network is $ORE.

On the other hand, Polygon is a blockchain development platform offering scalable, affordable, secure, and sustainable blockchain for Web3. Polygon is home to major scaling infrastructure solutions, including sidechains, hybrid, stand-alone, enterprise chains, and data availability solutions. Polygon is a carbon-neutral protocol leading the Web3 ecosystem to become carbon negative.

ORE Network anticipates leveraging Polygon’s capability to support multi-chain wallets and NFT management. While commenting about the new integration, Marc Blinder, the CEO of AIKON and ORE Core contributor, explained:

“As the industry matures with multiple, use-specific blockchains, the need for solutions that work across these chains is vital. Polygon promises a huge opportunity for developers looking to build single sign-on capabilities into their applications and provide a seamless transfer of digital assets and Non-Fungible Tokens (NFTs) cross-chain.”

The new integration will allow ORE Network users to benefit from the thriving ecosystem built on Polygon, including the leading platforms, such as Aave, Slingshot, and Sushi, making Polygon the perfect choice for ORE Network.

In the meantime, the new compatibility of Polygon is now live for ORE Networks and ORE IDs. According to the team behind development, ORE will add more solutions for interaction in the coming months.

Related

Join Our Telegram channel to stay up to date on breaking news coverage

Read next

Please enter Coingecko & CoinMarketcap Api Key to get this plugin works