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Rarible Adds Polygon To Newly Released Wallet Housing All Your NFTs

March 19, 2022
in Australian Crypto News
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NFT marketplace Rarible has been quite busy in the past couple of months and has now announced the addition of Polygon NFTs as well as multi-wallet support. Polygon joins Ethereum, Flow and Tezos as part of the platform’s vision for multi-chain commerce.

Tezos joined Rarible in December and was integrated with Flow in November. Rarible’s biggest competitor and marketleader, OpenSea, supports Ethereum, Polygon and Klatyn, and added Polygon-based NFTs in October.

Polygon is a sidechain scaling solution for Ethereum that enables faster and cheaper transactions than the Ethereum mainnet. Unlike Ethereum, which uses energy-intensive proof-of-work, Polygon relies on the eco-friendlier proof-of-stake consensus model that remains backed by the security offered by Ethereum.

Rarible Aims to Clear ‘Roadblocks’

As Rarible’s co-founder Alexei Falin said, “We have enjoyed watching the NFT market grow rapidly throughout the past two years but acknowledge that there are certain roadblocks that exist within the space, including high gas fees and ecosystem limitations. As a top NFT protocol and marketplace we have a responsibility to solve issues related to NFT creation and consumption, which is at the core of our multi-chain vision.”

Rarible Rolls Out ‘Multi-Wallet’

The marketplace has also launched a multi-wallet profile feature on Rarible.com that lets users sign in with up to 20 wallets at a time across different blockchains. By doing so, users with multiple wallets across various supported ecosystems won’t have to constantly sign in and out when buying and selling NFTs on the platform.

Falin has said, “We have seen firsthand how inconvenient it is to log in and out of wallets that hold collectibles spanning blockchains. To streamline this process for our users, the multi-wallet profile can support collections across any Rarible-supported blockchain in one place, so you can access items with one simple click.”

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