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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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    Monency to Launch AI-Driven Spend Management and Corporate Card Solutions

    2024-09-19T13:34:19Z

    NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Monency, founded by Serkan Şafak, a Forbes Council Member and the visionary behind Seo Robot, is proud to announce the anticipated launch of its AI-powered financial management platform in early 2025. As a financial technology company, Monency is preparing to offer corporate debit and credit products designed to help businesses optimize their financial operations while providing advanced tools for managing expenses, contracts, and financial reporting.

    Monency’s AI-driven platform will provide businesses with real-time insights into spending, streamline contract approvals, and deliver predictive analytics to support data-driven decisions. With its corporate debit and credit solutions, Monency aims to offer businesses greater financial flexibility and control, tailored specifically for enterprise needs. The platform’s robust feature set is designed to enhance operational efficiency and enable companies to manage complex financial workflows effortlessly.

    Serkan Şafak, the visionary behind the decacorn AI company Seo Robot, which has overseen more than $1 billion in global advertising spend, is bringing his expertise in AI-driven solutions to Monency. His success with DisplayX, an AI-powered Digital Out-of-Home (DOOH) advertising platform, underscores his ability to create innovative, industry-disrupting technologies. Monency is expected to meet the growing demand for intelligent financial tools, offering businesses unmatched automation and financial intelligence.

    “As we prepare for Monency’s early 2025 launch, we’re excited to bring AI-powered debit and credit products to the corporate sector,” said Serkan Şafak, Founder and CEO of Monency. “With Monency, businesses will gain full control of their financial processes, enabling them to streamline operations, reduce inefficiencies, and make smarter decisions that drive success.”

    About Monency

    Founded by Serkan Şafak in 2024, Monency is an AI-powered fintech platform built to transform corporate financial management. Offering corporate debit and credit products alongside its innovative solutions for expense management, contract oversight, and financial reporting, Monency provides businesses with the tools they need to enhance operational efficiency and make real-time, data-driven decisions.

    CONTACT: Serkan Şafak & Founder
COMPANY: Monency
PHONE: +1-415-915-3247
EMAIL: hello@monency.com
WEB: https://monency.com

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