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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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    OKX Explorer Now Supports DuckChain

    2024-09-19T05:05:30Z

    SINGAPORE, Sept. 19, 2024 (GLOBE NEWSWIRE) -- OKX Explorer, a leading blockchain search engine and Web3 analytics platform, has issued updates for September 19, 2024.

    OKX Explorer Now Supports DuckChain

    OKX Explorer now supports DuckChain, the first EVM-compatible TON Layer 2 solution. This integration aligns with OKX Explorer's commitment to providing comprehensive coverage and advanced tools for the onchain community and developers, particularly in emerging blockchain ecosystems.

    Key highlights of this integration:

    • Enhanced multi-chain interoperability: DuckChain connects multiple blockchain ecosystems, including TON, EVM, and Bitcoin, aiming to be at the forefront of driving large-scale Web3 adoption, further enhanced by OKX Explorer’s robust multi-chain support. This synergy provides users with seamless access to detailed, real-time data insights across various blockchains, enhancing both user and developer experiences.
    • Innovative explorer-as-a-service model: The collaboration introduces an explorer-as-a-service model, making blockchain exploration tools more accessible and cost-effective. OKX Explorer's comprehensive data indexing capabilities support this model, enabling users to access detailed transaction data and analytics across different ecosystems effortlessly.
    • Facilitating liquidity and user adoption: DuckChain's goal of bringing billions in liquidity and real users to the TON ecosystem is supported by OKX Explorer's advanced tracking capabilities. This integration ensures that users can easily monitor and interact with DuckChain, fostering growth and innovation within the TON ecosystem.
    • User-centric features and developer tools: The collaboration focuses on providing intuitive features for users and advanced tools for developers. OKX Explorer's comprehensive data insights and support for multiple blockchains empower developers to build and deploy applications efficiently, while users benefit from a seamless and informative experience.

    DuckChain's integration with OKX Explorer marks a significant step in enhancing blockchain interoperability and user experience. By leveraging OKX Explorer's robust infrastructure and multi-chain support, DuckChain users can now access detailed transaction data and analytics across different ecosystems seamlessly, eliminating the need for multiple blockchain explorer solutions.

    To learn more, visit OKX's Support Center.

    For further information, please contact:
    Media@okx.com

    About OKX

    OKX is a technology company with a mission to organize the world's blockchains and make them more accessible and useful.

    We want to create a future that makes our world more efficient, transparent and connected.

    OKX began as a crypto exchange giving millions of people access to trading and over time became among the largest platforms in the world. In recent years, we have developed one of the most connected onchain wallets used by millions to access decentralized applications (dApps).

    OKX is a brand trusted by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments.

    OKX is committed to transparency and security, and publishes its Proof of Reserves monthly to build trust. OKX also regularly publishes educational articles, accessible via OKX Learn. These articles provide readers with in-depth analyses of all cryptocurrencies, including factors influencing Bitcoin prices and Ethereum prices.

    Our most well-known products include: The OKX Exchange, OKX Wallet, OKX Marketplace, OKX Explorer, OKX Chain and OS for developers, OKX Ventures and OKX Institutional Services. To learn more about OKX, download our app or visit: okx.com

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