Chair, the first Rights & Benefits NFT DEX, is live on Polygon!

Chair is launched on Polygon as the first Rights & Benefits NFT decentralized exchange platform and has received Developer’s Grant from Polygon.

Polygon will empower Chair as its strategic partner and provide a more flexible and safe transaction environment for Chair NFT users with lower gas fees.

As the pioneer of NFT 2.0, Chair is infusing new life, that is Rights & Benefits NFT, to the Polygon ecosystem. Currently, 90% of NFTs represent artworks, collectibles, and gaming products. However, 90% of NFTs should be digital finance, digital identities, digital bills, and digital contracts in the era of NFT 2.0. For the first time, CHAIR connects NFTs with rights and benefits. Every one of them is an owner of certain rights and benefits, and each of them is unique. NFTs will no longer be limited to merely artworks and game cards, etc., and they can be expanded infinitely. They can be financial assets such as real estate, cars, stock shares, digital identities such as ID cards, biological genes, or monetizable data such as internet traffic, IP, etc., or a song, a photo, a string of codes… There are no boundaries to this. Everyone can mint a personalized NFT on CHAIR with one simple click, and participate in transactions and auctions to lower the entry barrier to Rights & Benefits NFTs and increase the frequency and liquidity of NFT transactions.

From July 16th to 28th, Chair issued three rounds of Privileged NFTs which were already sold out. More Rights & Benefits NFTs will be issued later.

As the concept of the Metaverse gets increasingly popular, Chair has jumped on the metaverse bandwagon. The Rights & Benefits NFTs on Chair can form a perfect match with the Metaverse, paving the way for numerous users to participate in the Metaverse. Chair is going to launch the Build Your Planet (BYP) program on the second stage. This BYP ecosystem not only includes various NFTs representing artworks, collectibles, music, and computing power but also can be regarded as the blockchain “Twitter” where users are allowed to do creation and operation on their own as well as enter different Dapps easily through BYP.

It is Chair’s potential in creative design that caught the attention of Polygon. Polygon will attempt to create more value in the field of NFT together with Chair in the future to benefit more NFT enthusiasts around the globe.

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About Chair

Chair is the world’s first decentralized trading platform for Rights & Benefits NFTs. The rights and benefits can be monetized through NFTs on Chair which provides one-stop NFT minting, trading, and auctioning services to improve asset liquidity and economic efficiency. KOLs, celebrities, and outstanding entrepreneurs can tokenize their equities, token, quota, or real estate on Chair.

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About Polygon 

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connectingSecured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, ~350M txns and ~13.5M+ unique users.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.

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