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SupraOracles #123 – SupraOracles partners with Polkally, an NFT auction platform that embraces every major Layer 1 blockchain

March 16, 2022 - 2 min read

SupraOracles has announced a partnership with NFT auctioning platform Polkally, allowing users to interact with multiple NFTs from across the blockchain network spectrum. Polkally launched to answer the lack of decentralization in the NFT space and uses IPFS as their foundation for developing a truly decentralized network.

Polkally is seeking to create the most interoperable and easy-to-use NFT marketplace. By launching on Ethereum first and then on other chains such as Tron, Polkadot, or EOS, Polkally banks on EVM compatibility to create the next leading NFT marketplace for digital artists. Interoperability can be achieved if data feeds can be distributed cross-chain, and SupraOracles’s cross-chain oracle functions can enable the full potential of the Polkally platform.

SupraOracles will be able to supply data feed from every EVM compatible chain. Thus, the oracle network will provide Polkally with qualitative and fast NFT data while ensuring data integrity across every blockchain. In addition, for Polkally to become a fully-fledged platform that can take on the weight of multiple protocols, SupraOracles’ cross-chain capability will allow the network to scale at a rapid pace because validators will quickly approve every verified data feed by SupraOracles.

Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“NFTs are becoming a part of everyday culture, and the need for an interoperable platform that caters to every artist regardless of their blockchain precision is paramount to increasing the adoption curve. We are extremely excited to ensure our oracles will deliver data fees for thousands of NFTs.

About Polkally 

Polkally is a P2P auction platform for NFTs, powered by EVM-based blockchains & IPFS.
Our goal is to build the most interoperable and user-friendly marketplace ever, allowing artists and everyday people to unleash the true power of virtual artworks.
The project was launched in mid-February 2021 and is still under development.

Website | Telegram | Announcement | Twitter | Discord | Medium

About SupraOracles

SupraOracles aims to connect traditional capital markets with the web3 environment. Our aim and objective is to provide a unique Oracle toolset to the developer community so that they can easily construct, deploy, and manage data applications with superior performance, robustness, and agility.

Our team includes experts with backgrounds in consensus mechanism design, randomness research, real-time data services, investment banking, digital securities, traditional stock exchanges, big data, Ph.D. academia, big 4 consulting, blockchain/DLT, and DeFi.

SupraOracles aspires to solve the Oracle conundrum — and eventually power the future of finance — with the assistance of our developer community and an increasing number of partners.

Join the SupraOracles community:
Website | Twitter | Telegram | LinkedIn | Announcements | Medium | Discord

Become a Partner – Contact Us.


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