Polygon 2.0 Commemorative NFT Trends on OpenSea with Over 40,000 Mints

Polygon Labs is building anticipation for Polygon 2.0.

An ape sitting on a cliff looking at a Polygon 2.0 Commemorative NFT in an all urple environment.
Created by Gabor Kovacs from DailyCoin
  • 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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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Okoya David

David Okoya is a crypto news reporter at DailyCoin based in Nigeria. He covers various topics related to the cryptocurrency industry, including exchanges, regulations, and price movements, and strives to bring fresh angles to breaking news. With experience as a freelance crypto news writer, David upholds the highest journalistic standards, telling complete stories and answering lingering questions whenever possible.