Flipkart, India’s largest e-commerce company, has integrated a Polygon CDK-based layer 2 network for its rewarding platform, FireDrops. This adoption aims to elevate the user experience for millions of users engaged in Flipkart’s loyalty program.
Polygon CDK Empowers Ethereum-based Layer 2 Network
Flipkart’s FireDrops, known for its innovative reward-offering loyalty program, now leverages Polygon CDK to establish an Ethereum-based zero-knowledge (ZK) Layer 2 network. This move is designed to ensure seamless service delivery and accommodate future growth for the e-commerce giant.
NFT Rewards Surge – Over 3.3 Million NFTs Distributed Since September Launch
Since its launch in September, FireDrops has been instrumental in distributing rewards, including over 3.3 million Non-Fungible Tokens (NFTs). Further, the integration with Polygon CDK is expected to streamline and enhance the efficiency of Flipkart’s brand loyalty program.
The partnership announcement took center stage at Polygon Connect, a flagship event organized by Polygon Labs in India. In addition, this platform showcased Flipkart’s commitment to embracing blockchain technology and leveraging Polygon’s infrastructure for the advancement of its Web3 initiatives.
Sandeep Nailwal, Co-founder of Polygon, Highlights Game-Changing Impact
Sandeep Nailwal, the co-founder of Polygon, emphasized the transformative impact of this collaboration on the Web3 ecosystem in India. He stated,
This is a game-changer for the Web3 ecosystem in India. Moreover, it not only has the potential to attract the top fintech entrepreneurs in India to build Web3 but it also might encourage many other top Enterprise and consumer brands to build their appchains.
Polygon CDK Versatility and Adoption
Polygon’s CDK is recognized for its ease of use. It enables developers to design and launch ZK layer 2 chains on the Ethereum network.
Furthermore, the CDK has gained traction across various crypto-native companies. This includes OKX Exchange, Astar, Canto, Gnosis Pay, Palm, and IDEX, showcasing its versatility and widespread adoption within the blockchain community.
Lastly, this strategic integration positions Flipkart at the forefront of blockchain innovation in the Indian e-commerce landscape.