HedgeUp (HDUP) NFT DAO Marketplace may be a favorite among Polygon (MATIC) holders
Disclaimer: The text below is an advertisement article that is not part of Cryptonews.com editorial content.
The cryptocurrency industry is a large marketplace with various sectors such as DeFi, Gaming, NFT, DAO, etc. Each of these sectors has thousands of projects in operation.
NFT has gained more popularity among other things as HedgeUp (HDUP) and Polygon (MATIC) brought new light to it. The growth of these cryptos is undoubtedly going to increase much more and boost the crypto industry.
Let’s look at what makes HedgeUp and Polygon different and why Polygon holders should invest in HedgeUp.
HedgeUp (HDUP) provides crypto investors with an alternative investment vehicle.
HedgeUp (HDUP) is a blockchain-based cryptocurrency that bridges the long-standing gap between crypto investors and other investors. The other investors, seen as traditional investors, often feel segregated and belittled by crypto investors.
HedgeUp is a well-organized project that aims to unite these groups. Unlike most crypto projects that solely focus on blockchain and Web3 for their investors and advancement, HedgeUp is different and unique. HedgeUp brings to blockchain the excitement and daily growth of traditional investments.
HedgeUp provides a platform where users can own digital crypto-assets and alternative assets such as luxury watches, diamonds, gold, art, etc. With these items and much more found on the blockchain network, HDUP can increase the growth level of the blockchain by attracting more investors.
HDUP has its NFT collectibles that represent the holders’ alternative investments. These collections are sold on the marketplace when the holder decides to sell them.
A notable thing about HedgeUp NFT is that multiple users can own a particular NFT. Holders do not have to bear the total cost of owning their favorite collection.
The Polygon (MATIC) NFT marketplace is witnessing tremendous growth
Polygon (MATIC) is a tier-two scaling platform that seeks to tackle the problem of projects based on the Ethereum blockchain. Ethereum has had difficulties that have affected projects built on it. Ethereum can only process about 15 transactions per second, which does not correspond to the number of transactions users run. The low TPS has been one of the main problems over the years.
To solve the problem of the Ethereum network, MATIC has increased its TPS to over 7000. That is several times the number of nodes like Ethereum and has brought many networks into its system. Its fast TPS was one of the reasons for its popularity and use by many investors.
Polygon has over 3,000 decentralized applications operating in its ecosystem. Due to the fast and reliable network, some dApps moved from the Ethereum blockchain to join Polygon. Polygon focuses on bringing different blockchains together and also strives to increase the use of DeFi tools and applications.
MATIC aims to provide a more generalized scaling platform for users and uses the sidechain scaling mechanism. Polygon offers a system that allows new projects to build their own highly customizable scaling platforms quickly. It provides different application layers for developers to choose from.
Polygon’s NFT marketplace is experiencing massive expansion despite the crypto winter. The network has experienced over a 100% increase in the NFT market as it has patterned with some Web2 companies. The polygon market has around ten collections with 180,000 different NFT holders. The NFT marketplace has reached its all-time high in recent months.
MATIC’s collaboration with Reddit increased the market and attracted more holders to the ecosystem. NFT holders are excited about the collaboration with Nike and Starbucks, which has caused the fame to escalate. Polygon can grow much more when it collaborates with the new crypto project HedgeUp. Its holders can increase more when the NFT market offers more products from Web2.
HedgeUp (HDUP) may be new to the crypto world, but it has brought unique features that could change the crypto world and its investors. HedgeUp combines two seemingly different worlds to make one better. HedgeUp is the next prominent cryptocurrency and should be in every investor’s portfolio, so get HedgeUp today.
For more information on Hedge UP, click on the links below:
Website – https://hedgeup.io
Telegram – https://t.me/HedgeUpOfficial
Twitter – https://twitter.com/HedgeUpOfficial
Facebook – https://www.facebook.com/HedgeUpOfficial
Tiktok –
