> For the complete documentation index, see [llms.txt](https://polygonmonkeys.gitbook.io/the-monkey-white-paper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://polygonmonkeys.gitbook.io/the-monkey-white-paper/the-monkey-kingdom/1.-introduction/1.1-background.md).

# 1.1 Background

The non-fungible token (NFT) market has experienced exponential growth in recent years, with an increasing number of projects launching on various blockchains. 

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The Polygon blockchain, known for its scalability and low transaction fees, has attracted a diverse range of NFT projects. 

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However, the current Polygon NFT ecosystem is scourged with challenges, including: 

**Lack of NFT-focused tools and** 

**Limited options for passive income generation for NFT holders**

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