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Unique Network Leads the Way in Cross-Chain NFT Transfers on Polkadot

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    Singapore, Singapore, September 18th, 2024, Chainwire

    Parachains and developers can register now to test NFT XCM functionality and get an exclusive first look at this innovation in action.

    Unique Network has announced it will be launching the first developer environment for NFT XCM transfers (Cross-Chain NFTs), starting with two major networks for developers and parachains in the Polkadot ecosystem. Using NFT XCM’s technology at the start of the developer environment, blockchain developers can move NFTs between Asset Hub, and Unique Network. Interested parachains can be added to the developer environment to develop NFT XCM functionality.

    What is NFT XCM?

    NFT XCM is a groundbreaking initiative developed by Unique Network, designed to simplify the transfer of NFTs (Non-Fungible Tokens) across parachains. By enabling seamless movement between different chains, NFT XCM is not just expanding accessibility but also unlocking new possibilities for creators, developers, and users alike.

    NFT XCM extends the limits of Web3 games and NFT collections, supporting greater use cases and making non-fungible tokens available to a larger group of on-chain users. Unique Network invites parachains, and developers to register their interest in the upcoming testing phase of NFT XCM transfers, to demonstrate its efficacy and explore applications for the technology.

    NFT XCM utilizes Polkadot’s Cross-Chain Messaging, the messaging format and language used to communicate between consensus systems. 

    Developers and parachains interested in testing NFT XCM transfers are encouraged to register their interest via this form. Polkadot parachains will be added to the developer environment to develop and test NFT XCM functionality. EVM teams interested in pioneering EVM implementations of the technology in a development/test environment are also invited to register their interest.

    Following the development work of NFT XCM, the Unique Network team unveiled the Cross-Chain NFTs Think Tank earlier this year at Polkadot’s Sub0 conference. This initiative is designed to foster collaboration, drive innovation, and explore new use cases for Cross-Chain NFTs within the Polkadot ecosystem. Leading projects, such as Acala Network and Zeitgeist, are already exploring ways to integrate Cross-Chain NFTs into their own projects.

    Alexander Mitrovich, CEO of Unique Network shared:

    This milestone represents not just technical progress but the unification of an ecosystem. NFTs are no longer confined to one parachain; we’re building a future where they can flow freely across multiple chains.”

    The importance of cross-chain interoperability for assets such as NFTs was first highlighted in the Polkadot Whitepaper by Polkadot creator, Gavin Wood. The launch of XCM v3 in May of 2022 introduced this capability but was only viable for Fungible Tokens (FTs). NFT XCM is a breakthrough that will enable users to seamlessly transfer digital assets between Polkadot parachains, making NFTs more accessible and versatile than ever.

    Following this, Chief Marketing Officer at Unique Network, Charu Sethi discussed the company’s efforts to foster collaboration and streamline the NFT ecosystem across Polkadot’s various blockchain networks.

    As we advance NFT XCM technical capabilities, it’s critical to address the complexity and fragmentation within the ecosystem. We are now working on organizational bridges and aligning leadership across all NFT blockchains in Polkadot.

    About Unique Network

    Unique Network is the first NFT chain built on Polkadot and Kusama, offering the most sustainable and green NFTs with advanced features for gaming, art, and fan engagement. 

    Unique Network offers unparalleled customization, scalability, and interoperability, making it the ideal platform for advanced and innovative NFT applications.

    Users can learn more here: https://unique.network

    Contact

    Chief Marketing Officer
    Charu Sethi
    Unique Network
    cs@unique.network

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    Registration Now Open for the Keiretsu Forum 2024 Investor Capital Expo in Philadelphia

    2024-09-18T11:07:00Z

    PHILADELPHIA, Pa., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Keiretsu Forum, the world’s largest angel investor network, is pleased to announce that registration is now open for the 2024 Investor Capital Expo, scheduled to take place on October 31, 2024, at Convene City View in Philadelphia. This premier event is open to all accredited angel investors, family offices and venture industry experts who wish to engage directly with promising early-stage companies.

    The Investor Capital Expo is designed for investors who are interested in supporting innovation and advancing early-stage companies across various sectors. The event will feature presentations from twelve companies that have undergone Keiretsu Forum’s rigorous Due Diligence process. Each company has a comprehensive investment package and is actively seeking funding.

    Event Highlights:

    • Educational Programming: The Expo will include sessions focused on emerging trends and issues that could impact investors in 2025, providing valuable insights to help investors stay ahead in a rapidly evolving market.

    • Networking Opportunities: Attendees will have ample time to meet and engage with fellow investors and the presenting companies' founders and leadership teams. This is an excellent chance to build connections and explore potential investment opportunities in a collaborative environment.

    • Open to All Accredited Investors: While Keiretsu Forum members will be in attendance, this event is open to all accredited angel investors. The Expo offers a platform for investors to align themselves with some of the best opportunities in the early-stage investment space.

    • Virtual Access: While attendance in person maximizes the experience, travel may not be feasible. To ensure no one misses out, the event will be streaming via Zoom, allowing participants to join discussions and discover new opportunities from anywhere.

    “We’re bringing together a remarkable lineup of companies from diverse sectors and geographies at this year’s Expo,” said Howard Lubert, Regional President at Keiretsu Forum. “This event offers investors unparalleled access to high-quality deal flow and the opportunity to build relationships with the founders shaping the future of these industries.”

    Event Details:

    Date: October 31, 2024 8:00 AM EDT – 6:00 PM EDT

    Location: Convene City View, 30 S 17th St, Philadelphia, PA

    Registration: Accredited angel investors can register and find more information by CLICKING HERE

    Don’t miss this opportunity to participate in the 2024 Investor Capital Expo. Register today to secure your spot and join us in Philadelphia for a day of learning, networking, and discovery.

    For media inquiries, please contact:

    Cindi Sutera
    CindiS@AMSCommunications.net
    610-613-2773

    About Keiretsu Forum:

    Keiretsu Forum is the world’s largest private equity angel investment network with 2000+ accredited investors in 34 North American and 23 International chapters, who have invested more than $1B in early-stage companies in the last 23 years.

    The Keiretsu Forum portfolio features Entrepreneurs and Companies from Technology-(Internet, Software, Cyber Security, SaaS, Mobile Systems, IoT, etc.), Life Sciences-(Pharma, Medical Devices, Health IT, etc.), FinServ/FinTech, Consumer Products, Clean-Green Energy, Consumer Products, & more!


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