Today marks an important milestone for Zignaly as they introduce ‘ZIGBids,’ launching on Polygon! After extensive testing of the core concept, ‘ZIGBids’ is here to shape up the next generation of the DeFi auctions experience –  starting with the $20 Billion strong NFT space while making waves far beyond, thanks to the robust Polygon chain. 

Powered by the ZIG Coin on the Polygon chain, ‘ZIGBids’ knows no boundaries! Be it some hyped NFT, guaranteed IDO slots, a mystery box with top coins & NFTs, or Whitelist distribution, among other things, ZIGBids makes the process seamless for not only ZIG holders but also the entire Polygon ecosystem.

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Introducing ‘ZIGBids’

When asked ‘Why Polygon?’, Bartolome R. Bordallo (Co-Founder & CEO, Zignaly) responded that Polygon was the apparent choice for deploying ZIGBids. Its unparalleled scale, robustness, and efficiency put the chain on its way to becoming the gold standard for Web3, expanding to DeFi, GameFi, NFTs, and beyond, which aligns so well with what ZIGBids plans to do. 

As for the Polygon community and the vast ecosystem, ‘ZIGBids’ comes bearing gifts:

  • The Power is in the users’ hands: With the ZIGBids, Zignaly is putting users in control where it matters. Thanks to the auctioning capabilities backed by Polygon, participants can now place bids to secure access to their favorite auctions –  users control their destiny with ZIGBids. 
  • ZIG-based DeFi auctions powered by the Polygon chain: ZIGBids supports ‘wallet connect’ capabilities on the highly scalable and efficient Polygon chain! Connect your ZIG-funded Polygon Metamask wallet to ZIGBids, transfer your tokens, and start bidding on your favorite collections at a negligible raise in ZIG per bid.
  • Auctioning off any and everything for the vast Polygon ecosystem: A compelling proposition for other Polygon-based projects, ZIGBids is not confined to a single asset class and is capable of running auctions for any and everything crypto – be it a guaranteed IDO slot, pre-minted NFTs, whitelist slots to your NFT collections, or anything that other projects could ask for, ZIGBids covers it all. This massively helps with cross-community interactions and growth within the Polygon ecosystem.

With this, we wish Zignaly the best of luck with the launch of ZIGBids. The potential of such a product is largely untapped, and we are confident that the team at Zignaly will continue to help build a robust Polygon ecosystem. 

About Zignaly:

With over 430,000+ users globally, the Zignaly platform and marketplace are leading the Social Investing revolution by connecting regular crypto investors with the world’s top, proven expert traders and fund managers in a win/win profit-sharing model. It’s expert-managed, passive crypto investing for the rest of us. Zignaly’s multiple offerings also feature uniquely powerful open doors for Investors looking for full-fledged Portfolio Management services, staking vaults, IDO participation via the ZIGPad, NFT raffles, and a revolutionary new Bridge solution.

If you’re interested in getting updates from Zignaly, please reach out via one of our official channels:

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About Polygon

Polygon is the leading blockchain development platform, offering scalable, affordable, secure and sustainable blockchains for Web3. Its growing suite of products offers developers easy access to major scaling solutions including L2 (ZK Rollups and Optimistic Rollups), sidechains, hybrid, stand-alone and enterprise chains, and data availability. Polygon’s scaling solutions have seen widespread adoption with 37,000+ decentralized applications hosted, 1.6B+ total transactions processed, 142M+ unique user addresses, and $5B+ in assets secured. Polygon is carbon neutral with the goal of leading the Web3 ecosystem in becoming carbon negative.

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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