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What are NFTs on Polygon?
What are NFTs on Polygon?
TrustSwap Support avatar
Written by TrustSwap Support
Updated over 2 years ago

Polygon is a layer-2 scaling solution that provides a more scalable, fast and efficient network than Ethereum. Therefore, NFTs on Polygon are unique tokens issued on the Polygon blockchain that represent another type of data, from images or videos, to metaverse clothing, to the ownership of physical objects.

Buying NFTs on the Polygon network allows users to avoid expensive wallet initialization fees. In Polygon, the standard fee that needs to be paid when minting and selling NFTs is less than US$0.01 per transaction. A user has to pay only upon the transfer of ETH to the Polygon network.Furthermore, Polygon has a transaction finality of approximately 2.1 seconds per transaction compared to Ethereum’s 13 seconds per transaction.

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