Blockchain

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

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

PostAd_coinrule_banner728x90

Leave a Comment

Your email address will not be published. Required fields are marked *

*

Goldenlinx Makes Spectacular Debut on Nasdaq Big Screen in Times Square

2024-09-19T19:00:00Z

New York, NY, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Revolutionary Internet Financial Platform Marks Milestone Achievement, In a groundbreaking moment for the financial technology sector, Goldenlinx the innovative Internet-based comprehensive financial platform, has successfully debuted on the iconic Nasdaq big screen in Times Square, New York City. The event, which occurred earlier today, marks a significant milestone for the platform and underscores its growing influence in the global financial landscape.



Goldenlinx, known for its cutting-edge approach to financial services and wealth management, captured the attention of onlookers and industry insiders alike with its first-ever appearance on one of the most renowned advertising platforms in the world. The Nasdaq big screen, synonymous with global financial prowess and technological innovation, provided an ideal stage for Goldenlinx to showcase its vision and capabilities.

Founded on the principles of accessibility, transparency, and innovation, Goldenlinx has quickly garnered attention for its user-centric approach to financial planning and investment management. The platform integrates advanced technological solutions with comprehensive financial insights, empowering users to make informed decisions about their financial futures.

"We are thrilled to have our platform featured on the Nasdaq big screen in Times Square," said Mason Brown, CEO of Goldenlinx. "This moment represents not only a validation of our team's hard work and dedication but also a testament to the trust and confidence placed in us by our users and partners."

The appearance on the Nasdaq big screen comes at a time of rapid expansion and development for Goldenlinx. With a growing user base and increasing recognition within the financial community, the platform continues to set new standards for excellence in digital financial services.

"We see this as just the beginning," Mason Brown added. "Our mission is to redefine the way people approach their finances, leveraging technology to simplify complexities and unlock new opportunities. Being featured in Times Square is not just a milestone but a promise of what lies ahead."

The Nasdaq big screen in Times Square has long served as a platform for leading global brands and emerging companies to showcase their achievements and ambitions. Goldenlinx's presence on this stage reinforces its position as a key player in the fintech revolution, poised to shape the future of financial services through innovation and accessibility.

As Goldenlinx continues to expand its offerings and reach, the platform remains committed to its core values of integrity, security, and customer-centricity. The debut on the Nasdaq big screen is expected to further elevate its profile and attract a broader audience of investors, partners, and stakeholders eager to explore the future of finance.

For more information about Goldenlinx and its innovative financial platform, visit www.Goldenlinx.com

 

Media Contact

Company Name: Goldenlinx

Website: http://goldenlinx.com/

Email: support@goldenlinx.com

Contact: Mason Brown

 

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.


CONTACT: Mason Brown

Goldenlinx

support at goldenlinx.com

GlobeNewsWire News

Recent Comments