Home CryptoNews Companies A New Community-Driven NFT Platform DoinGud is Launching this Summer

A New Community-Driven NFT Platform DoinGud is Launching this Summer

With the recent hype in the NFT market, new projects are rolling out at a pace. A new community-driven NFT platform DoinGud has announced its launch in the summer of 2021.

In a press release on Wednesday, May 19th, DoinGud, a next-gen creator ecosystem exploring the future of digital media and collectibles, announced that is NFT marketplace would be launched this summer and would be both a marketplace and a social media platform catering to ever-evolving needs of its community.

According to DoinGud, this NFT platform will be for the new generation of creators and their supporters who don’t want to just make business but want to do good as well in the process. DoinGud will be based on Polygon blockchain, previously known as Matic Network.

Polygon, launched in 2017, was a huge contributor to the Ethereum ecosystem before moving to its own network in 2019. MATIC, the native token of Polygon, is still an ERC-20 token. The project describes itself as a protocol and a framework for building and connecting Ethereum-compatible blockchain networks.

Polygon is an ambitious Proof-of-Stake (POS) blockchain project with a 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 multiple types of applications. It is a strong case that DoinGud will be developed on Polygon SDK.

doingud

DoinGud is backed by blockchain veterans including Kenetic Capital, Genblock, Alameda, MetaCartel Ventures China, and Super.nova. DoinGud will be a creator-first NFT platform where artists and content creators can create NFTs. To lower the barrier of entry, buyers have the option to purchase limited-edition digital creations using cryptocurrency or fiat currency by using credit cards on the DoinGud marketplace.

The platform’s automated collaboration system will trustlessly distribute proceeds from primary and secondary market sales to each participating creator.

DoinGud will also allocate 5% of every sale to a predetermined social impact organization chosen by the creator. Furthermore, it will also allow creators, brands, professionals, and curators will be able to host their own communities on DoinGud using the platform’s multi-gallery curation system. DoinGud further said:

“In an effort to push the space forward, the platform will incorporate AI to facilitate smart NFTs to unlock a wide variety of added creative potential and future utility. As the platform grows, DoinGud plans to become a community-owned and curated social marketplace.”

The exact date for the DoinGud NFT marketplace is not announced yet but is scheduled to launch in the summer of this year.


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Atiq Ur Rehman
Electronics Engineer with a passion to write about Disrupting Technologies like Blockchain. He joined Crypto-Economy in July 2019.
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