Smart MFG, a blockchain-based supply chain decentralized finance firm, has integrated with Polygon to launch Phigital, a 3D marketplace for non-fungible tokens (NFT).
Fast facts
Phigital will focus on interoperability of 3D assets across metaverses, and NFTs with real-world use cases.
The movement of different assets and NFTs across metaverses has been one of the biggest pain points for the industry so far due to inconsistency in graphic formats and attributes.
Users can pay using MFG, ETH, MATIC and fiat currencies at the 3D NFT marketplace, with stablecoin USDC set to kick off additional payment options throughout the year.
Smart MFG’s MFG token rose by almost 17%, while Polygon’s MATIC is up by 10% over the past 24-hours, as of press time.
The beta version of the Phigital marketplace is scheduled to launch in Q1 2022.