No products in the cart.
- Latest
- Trending
ADVERTISEMENT
Zignaly introduces ZigBids, an NFT auction tool designed to disrupt the non-fungible token market.
Zignaly, a social investment platform and marketplace, announced the launch of its ZIGBids solution on Tuesday, September 20th.
According to a document shared with Coinjournal, the team said ZIGBids are designed to disrupt the DeFi ecosystem, starting with non-fungible tokens (NFTs).
ZIGBids is operated by Zig Coin. ZIGBids’ auction feature allows users to place bids to secure access to their favorite products (NFTs).
The team explained that ZIGBids supports a wallet connection feature on the highly scalable and efficient Polygon network. A user simply connects a ZIG-funded Polygon Metamask wallet to his ZIGBids, transfers tokens, and starts bidding for his favorite collection, with negligible rises in his ZIG per bid.
Bartolome R. Bordallo, co-founder and CEO of Zignaly, commented:
Polygon was the perfect choice as a chain for deploying ZIGBids. It fits very well with what Zignaly has planned for ZIGBids.
The team explained that ZIGBids will not be forced into a single asset class. With the ability to run auctions for any and all cryptos, such as ZIGPad slots, his pre-made NFTs, NFT whitelist slots, users can leverage this tool for a variety of functions.
The ZIGBids launch comes months after Zignaly launched Zignaly Raffles. Zignaly is a social investment platform that allows users to invest with top cryptocurrency traders while paying a portion of their profits.
The platform offers a wide range of features designed to serve investors seeking full-fledged portfolio management services, staking vaults, IDO participation via ZIGPad, NFT raffles, and new Bridge solutions.
The team has a growing product suite that gives developers easy access to leading scaling solutions including L2 (ZK Rollup and Optimistic Rollup), Sidechain, Hybrid, Standalone, Enterprise Chain, and Data. I explained that I chose Polygon because it is availability.
