- Polygon Labs is building anticipation for Polygon 2.0.
- The team’s latest effort involves a collaborative NFT.
- The NFT has received significant attention from the community.
Polygon Labs, the primary development team behind the Polygon network, has taken significant strides to build anticipation for the planned transition to Polygon 2.0.
In the latest effort, the firm has launched a commemorative non-fungible token (NFT), with the collection gaining significant attention.
Polygon 2.0 NFT Gains Traction
On Wednesday, July 19, Polygon Labs announced the launch of a “commemorative open edition NFT” to celebrate the Polygon 2.0 vision.
The free-to-mint NFT launched in partnership with Suku was made available to mint for 48 hours, with users able to mint the NFT by simply tweeting the phrase “Minting my @0xPolygon Open Edition NFT with @sukuthis!”
So far, the collection has gained significant attention, at one point trending on OpenSea, as highlighted by Suku.
At the time of writing, 45,849 users have minted over 48,200 Polygon 2.0 Commemorative Open Edition NFTs less than five hours before the mint ends.
The NFT launch follows recent proposals to upgrade the Polygon network’s native token from MATIC to POL and revamp governance to align with the Polygon 2.0 vision.
With Polygon 2.0, Polygon plans to transition to a network of zero-knowledge-proof powered blockchains, offering unlimited scalability and unifying liquidity across the Polygon ecosystem.
On the Flipside
- Commemorative NFTs are only symbolic and offer no utility.
Why This Matters
The high interest in the Polygon 2.0 Commemorative Open Edition NFTs suggests the community is excited about the Polygon 2.0 vision.
Read this to learn how governance would work on Polygon 2.0:
How Governance Works on Polygon 2.0 Under New Proposal
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