<aside> 🔍 Bridging a token means sending a token to a Layer 2 Blockchain to avoid (almost) any Gas Fees. Bridging a token only takes 2 clicks and your tokens will be mapped under 10-15mins on Coinvise.
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Gas Fees could be compared to a tip that we have to give to people securing the transactions on the blockchain. But with more people wanting to make transactions, more people are keen to give a high tip to see their transaction approved first, and the gas fees are increasing.
To overcome this problem, Layer 2 blockchains have been created. These other Blockchains (Layer 2) help increase Layer 1 by handling transactions off-chain and increasing the number of transactions that can happen simultaneously. These blockchains allow between 2k and 4k transactions per second (compared to 15/s on the Ethereum Blockchain) - removing the competition and lowering the gas fees.
To make transactions on a Layer 2 blockchain, DAO leaders have to “bridge,” meaning transferring a part of their token to this Layer 2 blockchain.
You can find more info about Layer 1 & Layer 2 here → L1 & L2
<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/57c01de8-47bd-45cc-b549-d103988953d0/creator_economy.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/57c01de8-47bd-45cc-b549-d103988953d0/creator_economy.png" width="40px" /> Section 1 - How to bridge a Token on Polygon through Coinvise?
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<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/62592ec3-81e8-4bed-b103-ab01712fe100/creator_economy_copie.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/62592ec3-81e8-4bed-b103-ab01712fe100/creator_economy_copie.png" width="40px" /> Section 2 - Why would I want to bridge my token?
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<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/6f1aa926-c9cc-4de2-bc2f-891a69f354e7/creator_economy-2.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/6f1aa926-c9cc-4de2-bc2f-891a69f354e7/creator_economy-2.png" width="40px" /> Section 3 - Things to know before bridging a token on Polygon
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<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/5fd7457a-9ca7-408c-851b-8fca41cf5aad/creator_economy-3.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/5fd7457a-9ca7-408c-851b-8fca41cf5aad/creator_economy-3.png" width="40px" /> Section 4 - Filmmaker DAO ($REEL) and the case for Bridging a token
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<aside> ⚠️ Before starting, make sure to have a Crypto Wallet and enough Ethereum ($ETH) to pay for the transactions (we don't charge any fees for minting, but there are some network costs paid in gas fees).
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<aside> 👇 Go on Coinvise.co and click the Create Token button.
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<aside> 👇 Click the connect "Wallet button" and follow the instruction. If you don't have a Wallet or don't know how to connect it, here's a complete tutorial.
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