PolkaCover partners with NFT Alley
We are proud to welcome NFT Alley to our growing list of strategic partners!
The world of traditional gaming collectibles has experienced innovation over recent years paving the way for a newfound era of NFT collectibles.
The NFT ecosystem is currently valued at over 1.2M USD, advocating a massive demand for digital assets in the forthcoming years.
NFT Alley is a leading decentralized “one-stop-shop” for NFTs in the crypto space. The partnership will allow NFT alley users to purchase various NFT covers from the PolkaCover marketplace. The covers secure NFTs from risks such as cyber-attacks, impermanent loss, and smart contract failures. Thus, PolkaCover will be the first-ever to provide coverage against such risks.
PolkaCover and its users will also get access to the benefits of the platform, which includes the following features:
Multi-Chain NFT Trades
Enable Multi-Chain transaction with minimal transaction costs and thus supporting NFT trades
Scalability
Execute smoother NFT trades by leveraging scalable attributes of BSC on NFT Alley, resulting in high latency trades.
Realistic Price Discovery Mechanism
The mechanism Employs innovative price discovery models that ease determining the realistic value of user NFTs
“We are ecstatic to partner with NFT Alley with the aim to build a decentralized ecosystem that is safe and secure for users. The partnership will secure NFTs within the ecosystem and bring a change in the DeFi sphere.”
Kunal Sadani, CEO of PolkaCover
“ The alliance with PolkaCover would help us to make NFT Alley more accessible to the multitude. We are confident that this partnership would enable us to add an extra layer of safety for our platform’s users.”
Swapnasagar Pradhan, Co-Founder NFT ALLEY
About PolkaCover:
PolkaCover is the First DeFi insurance marketplace for the global crypto ecosystem. Our aim is to lower transactional and administrative costs of insurance policies and coverage while providing high-value, cost-effective insurance products for the crypto world.
Our platform will be connecting users with multinational insurance providers for all global insurance products such as crypto-related protection, health, life, and travel policies.
The platform will include a frictionless insurance marketplace experience that incorporates next-generation blockchain technology and tokenized incentives.
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About NFT Alley
NFT Alley is a decentralized “one-stop-shop” for minting, purchasing, and selling digital collectibles seamlessly. It is an early-stage avant-garde multi-chain NFT marketplace that pushes the bounds of open finance.
