PRESS RELEASE. April 27th, 2022, Los Angeles – Nexity Network has joined Polygon Village, an accelerator program created by Polygon DAO, Ethereum’s Internet of Blockchains. The collaboration will see both decentralized ledger companies work together to develop Nexity’s ecosystem.
In December 2021, Nexity received the Polygon DAO Grant to kickstart initial proof of concept development. Today, Nexity is ready to scale its collaboration with Polygon DAO, joining its developer program, Polygon Village. Polygon Village will be the next full-stack ecosystem that brings developers, builders, VCs, and more stakeholders under one roof, leading the next wave of innovation in the blockchain industry.
The program will support Nexity’s critical mission with technical development, funding, business development, and access to mentorship for hypergrowth from the best players in the crypto space.
Speaking about Polygon, Nexity’s Catalin Fetean said:
“It’s quite an honor for me to work closely with one of the fastest-growing ecosystems from the crypto space by sharing a collaborative-operation vision while co-owning, co-developing World-Web3, and pooling our resources by awarding with their grant and joining their accelerator to find more and more real-world applications for blockchain technology.”
Polygon DAO’s Charles Nweke also had this to say:
“Nexity is one of the few protocols building on Polygon with products that expand beyond non-financial use cases. Happy to have worked with @eaglelex_eth and other members of the Polygon DAO genesis team to approve this grant.”
Circular supply chain meets blockchain and virtual reality
Nexity’s partnership with Polygon comes after a year of achieving major developments in the ecosystem, with five new products ready to hit the market in May. This was accompanied by the drive to create a circular world backed by blockchain.
On top of this solid technological relationship with Polygon, Nexity adds on their TradeFi platform Circle Infrastructure to create the next crypto-banking infrastructure for supply chain finance and crypto companies powered by USDC and backed by their native token. Here, you can expect three main functionalities that redefine how we perform contracts, purchase orders, and payments.
Contracting Flow: creating, editing, and approving B2B contracts in a digital workspace. You can secure them on the blockchain with snapshots and cryptographic signatures.
Order Lifecycle: to offer a holistic view of all purchase order stages, including dynamically tracked transactions and automated digital execution.
MultiPay: A multi-layer payment system built on top of the Circle allows business users to create an account linked to their banks and automatically mint USDC when depositing fiat currencies and burning when they want to withdraw fiat. For early adopters and small companies, they also included Metamask connectivity and credit cards.
Besides that, Nexity has prepared a complete Non-Fungible Things Ecosystem around authentic products to fight counterfeit markets with an NFT Marketplace that is ready to be launched, and a product tracking system announced for July 3, 2022, to reimage the ownership experience and transparency with products’ digital twins on the blockchain.
This team is committed to the sustainability and virtualization of the global supply chain. If you think that's all, they are also working on a project named Cityverse Hub, the next place to buy products you love virtually. They just released a teaser from the lobby on Twitter, and you can expect a lot of materials like this in the next period, including a new buying process demo augmented by a living, reactive system; a virtual inventory for your wearables and NFTs; virtual headquarters and Nexity’s squad: 5 custom-made avatars that will represent your virtual twin in the environment.
Make sure you keep an eye on their channels for the land selling they are preparing for in early June.
About Nexity
Nexity Network is rethinking how society designs, creates, and uses the things we need, from the food we eat to the clothes we wear and how we do business.
It is introducing circular business applications such as World3 Dapps to articulate the logic of how an organization delivers and captures value to its broader range of stakeholders with an obsessive user-centric design while minimizing ecological and social costs. The team considers blockchain was created for the circular economy and supply chain because they are positioning stakeholders as dots along with their infrastructure, forming a blockchain network around companies and customers called next economy to create perpetual closed-loop, cycled value with zero waste and carbon emission.
The team behind Nexity includes Catalin Fetean, Nexity’s Co-founder, who has a background in sustainable development, supply chain, user experience, and engineering. He is dedicating his life to power Nexity’s mission, spreading its vision about the importance of the circular world with the help of a dedicated team.
The founding team also includes Co-founder Tiberiu Serbaneci, with a strong experience in computer science and supply chain and a passion for how distributed ledgers can be used in collaborative innovation to create sustainable ecosystems.
Dedicated members form the core team with a broad range of expertise from blockchain engineers, supply chain managers, UI/UX designers, motion designers, and 3D artists, but also a strong network of external partners, capturing: three development partners, one partner for marketing and community management, two partners for advertising and business development, one partner for legal and financial and two technical universities for R&D.
About Polygon DAO
Polygon DAO is the leading platform for Ethereum scaling and infrastructure development.
Polygon DAO is the meeting place for present and future Polygon-connected communities, where they can learn, collaborate, work, build and participate in a progressive decentralization process.
For more on how Nexity Network and Polygon DAO plan to collaborate to develop Nexity’s social, environmental, and economic initiatives, read their Medium article here.
Press Contact
Nexity Public Relations
pr@nexitynetwork.org
