Jess
Comms at Wake Up Labs.
August 28, 2022
WakeUp Labs was awarded a grant from 0x Protocol to enable NFT Swaps.
P2P NFT swaps will be deployed on the Polygon Network.
WakeUp Labs will build a dapp and backend infrastructure to enable p2p NFT swaps on the Polygon Network. It will empower NFT collections by allowing swaps both for ERC-721 and ERC-1155 indifferently. The 0x Protocol will permit these swaps along with the Trader NFT Swap SDK.
There are many NFT projects in gaming and in the metaverse willing to add swap options, and WakeUp Labs have chosen the decentralized multiverse Cromy to implement this feature. Therefore, Cromy users will have the possibility of NFT ERC-721 & ERC-1155 swaps. In this way, those needing a specific NFT asset to finish a game’s mission or to complete an album will be eager to acquire that missing piece by swapping other less-needed NFT of their own.
Swaps will be possible by leveraging the WakeUp Labs dapp and infra using 0x contracts and the NFT Swap SDK. Thanks to WakeUp Labs backend infrastructure and the NFT Swap SDK, NFT maker orders will be free and gasless for users.
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How important is this grant for WakeUp Labs?
“By simplifying NFT swaps on the Polygon network, we are taking another step forward to empower programmable ownership tech. Thinking about the future, we aim to bring this feature into other networks and projects with similar needs. Our goal is to build infrastructure that allows NFTs to flow freely”. Milton Berman, Co-Founder of WakeUp Labs.
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About 0x Protocol.
0x is important infrastructure for the emerging crypto economy and enables markets to be created that couldn’t have existed before. As more assets become tokenized, public blockchains provide the opportunity to establish a new financial stack that is more efficient, transparent, and equitable than any system in the past.
About Cromy.
Cromy is a decentralized multiverse where users collect, trade & play with NFTs to earn rewards in an NFT social gaming platform. At the same time, Content Creators and Communities can build useful NFT Experiences & Mini-games with No-code tools.