Layer 2 blockchain scaling solution Polygon (MATIC) and Cere Network, a decentralized data cloud (DDC) platform, reportedly disclosed details to a collaborative project – a Web3 media platform dubbed “DaVinci”. 

Specifically, both entities reportedly revealed that their primary goal for the initiative is to introduce a more secure measure for storing nonfungible token (NFT)-backed assets, ensuring verifiable and truly decentralized information. 

DaVinci reportedly functions as a direct content monetization platform supporting NFT-backed experiences, which looks to cater to decentralized data transfers and NFTs value transfers. 

Operating using Cere’s DDC, the platform reportedly allows personalized content streaming to NFT holders using smart contracts. It also takes advantage of Cere Freeport, the NFT mining platform rolled out on Polygon, for minting and selling functional NFTs that offer access to exclusive content.

Sandeep Nailwal, co-Founder of Polygon, reportedly claimed that the capabilities of NFTs are profound and leave plenty for exploring with the currently available aspects. 

“There is so much more that artists and fans are able to accomplish and access through DaVinci that realizes more of the potential of blockchain to the mainstream consumers. Artists and brands get more revenue from their unique content, while fans get better experiences and secure delivery of their assets.”

Per the firm, a few perks that DaVinci’s platform expects to provide creators include the guarantee of a share of the royalties from any sale, as well as a measure for the continuous delivery of exclusive new content.

Artists would further have the ability to tap into audience research and analytics tools, to customize their content to NFT holders and supporters.