New web3 venture, Polarys has announced the launch of its Genesis NFT collection. This is coming as the company launched its innovative multi-chain minting engine. The first NFT collection will be minted and sold until August 31, 2022, after which all unsold NFTs will be burned.
Polarys seeks to bring utility NFTs to everyday businesses, focusing on creating NFTs that enable holders to earn real rewards. Unlike most other NFT collections that focus on quick gains and asset flipping, the company wants to generate NFTs that contribute to businesses rewarding holders tangibly.
Through its NFTs, Polarys wants to streamline the onboarding process, improve customer relationship management, find new ways to engage community members and establish new revenue streams for brands and creators.
The multi-chain minting engine will be critical in simplifying the transition to web3 for web2 users. businesses, creators, and entrepreneurs. Apart from the engine, the other two major projects to be built on the Andromeda are a 100% utility NFT-focused marketplace and a one-click wallet.
“We believe we need to provide traditional Web2 businesses with a trusted and easy marketplace focused on utility NFTs, with end-to-end support, from easy onboarding to reward & invoice management,” said Polarys CEO Selin Suntay.
The main focus is currently on the Polarys Genesis NFT mint, which runs until August 31, 2022, and holders of which will receive tangible rewards. This will include an airdrop of 25,000 POLAR tokens, valued at $1,000 (at the listing price).
Other rewards Polarys Genesis NFT holders will enjoy are whitelisting for all campaigns launching on the Polarys platform, access to the private token sale, exclusive PolarysDAC access, and exclusive access to the NFT holders-only Discord channel and discounts and cashback from partner projects.
The collection will have a maximum supply of 2,500 units, priced at 300 USDC per NFT. Minting will be done live on the website polarys.ai.