- Reddit’s NFTs, dubbed “Collectible Avatars,” are going to be minted on Polygon.
- The stablecoin may be used to buy over 3 million different kinds of travel services.
Through the Polygon Network, USDC is now available on Travala.com. This is the first time the company has connected to the Network. The business revealed this in a tweet earlier today. As a result of the collaboration, the stablecoin may be used to buy over 3 million different kinds of travel services throughout the world. Included in this category are reservations for lodging, transportation, and sightseeing activities.
In addition to more than 80 other cryptocurrencies, USDC is now accepted on Travala.com. Moreover, NFTs are also available on Travala.com. The “Travel Tigers” may be purchased directly from Travala’s website. They may be accessed using the OpenSea NFT platform. Members of Travala’s Smart Membership who lock up 2,500 AVA and possess a Travel Tiger Utility NFT are eligible to upgrade to Smart Diamond status, providing them access to a variety of additional travel-related advantages.
Recent Developments
Symbolic Capital, led by Polygon’s founder Sandeep Nailwal and Cere Network’s Kenzi Wang, launched in May, recently secured $50 million to invest in early-stage Web3 firms, despite the recent collapse of the cryptocurrency market.
A Reddit moderator has just stated that the platform would give out free NFT avatars to users who have amassed a high enough karma score (a measure of how helpful a user is to the Reddit community). According to the post, NFTs will be distributed on an individual basis, and they are not restricted to any certain forums. Reddit’s NFTs, dubbed “Collectible Avatars,” are going to be minted on Polygon.
According to CMC, the Polygon price today is $0.778986 USD with a 24-hour trading volume of $532,499,694 USD. Polygon is down 3.96% in the last 24 hours.
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Source: https://thenewscrypto.com/usdc-stablecoin-now-accepted-on-travala-through-polygon-network/