by Lindsey Winsemius - Posted 2 weeks ago
We chose Polygon as the first network buying and selling NFT (digital collectible) comics in the CryptoComics Marketplace because we find it to be more friendly for comic book collectors who may be less familiar with cryptocurrency.
Polygon is a technology that allows you to buy and sell with cryptocurrency in a cheaper, easier, and faster way.
Some cryptocurrencies like Bitcoin or Ethereum have high fees to send money. These transaction fees (called gas fees) can make buying and selling things with these currencies more expensive.
Polygon makes transactions cheaper, so you can buy more with your currency, instead of spending it on transaction fees.
Currently, CryptoComics covers transaction fees for anyone who buys and sells using the Polygon network in the Marketplace.
Polygon transactions happen in a few seconds, compared to longer wait times for other networks. That means you can buy and read your comic almost instantly!
Ethereum is one of the most popular cryptocurrencies. Polygon is built to work alongside Ethereum, making it easy to use for people already involved in crypto.
Polygon uses security features from Ethereum while making everything run more smoothly. Like Ethereum, transactions are safe and reliable and validated publicly.
Not all cryptocurrencies support NFTs (Digital Collectibles), but Polygon does, which makes it ideal for buying and selling NFT comic books and art.
Polygon continues to grow in popularity and is used by many NFT platforms because of its affordability and functionality.
Unlike Bitcoin, which uses a lot of energy, Polygon is designed to be much more eco-friendly. This makes it a greener choice for digital transactions.
The currency for Polygon was called Matic, but has been recently renamed to POL. You can purchase POL through any cryptocurrency exchange, such as Coinbase, Kraken, or Transak.
An exchange is a regulated business that exchanges currencies, much like you exchange currency when you visit a foreign country. You can use a credit card or bank account to purchase POL, ETH, Bitcoin, and many other coins.
You can also exchange your POL that you may have earned from selling comics in the Marketplace for your country’s fiat currency (Dollar, Euro, etc.)
Popular exchanges include Coinbase and Kraken.
Yes, we are currently working on adding more networks to CryptoComics to offer collectors a variety of ways to buy and resell comic books.