Bridge Network Raises $3.8M to Build Better Cross-Chain Experiences With Backing from FTX Ventures
press release

Bridge Network Raises $3.8M to Build Better Cross-Chain Experiences With Backing from FTX Ventures

THELOGICALINDIAN - Bridge Network is amidst one of the aboriginal bridging infrastructures that enables any badge issuers to go multichain

Bridge Network, a cross-chain advice protocol, has bankrupt its $3.8M allotment annular with abetment from FTX Ventures, MEXC Global, Master Ventures, Blockfinex, Croc Capital, and others.

Building Cross-Chain Infrastructure

The agreement has been in development for over a year and has affairs to accommodate the way users transact in the multichain apple with a key focus on user experience, security, and scalability. The cross-chain super-dapp provides all the accoutrement a user ability charge to calmly transact cross-chain after the charge to about-face amid platforms. Token bridging, NFT bridging, cross-chain swaps & added can all be done via the Bridge Network platform. The activity is incubated by TDeFi with a ambit of cardinal partners, investors, and advisors.

Co-founder of Bridge Network, Kimberly Adams, said:

“The cross-chain amplitude is still almost new which agency we accept a continued way larboard to go; from bigger aegis architecture to added optimized user experiences. Bridge Network intends to acquaint a added comprehensive, secure, and affable acquaintance for both the end-user and as able-bodied as badge issuers attractive to go multichain. The albatross in the allowance is, of course, security. Most of the contempo hacks were due to abortion to chase basal aegis practices as absolute cross-chain protocols compromised aegis for affair bazaar demand. I’m admiring to say Bridge Network is one of the aboriginal bridges to apparatus a bifold validation arrangement forth with the added accepted aegis measures while alive with aegis ally to be proactive on this front. On the user acquaintance side, we accept circumscribed one of the better databases of cross-chain user feedback. Over 283,000 qualitative abstracts credibility came through our testnet which accustomed our designers to body a cross-chain acquaintance backed by research. We’ve alone aching the apparent on what we accept in abundance and I’m aflame to advance the boundaries of cross-chain addition with our absurd aggregation and partners.”

Bridge Network is amidst one of the aboriginal bridging infrastructures that enables any badge issuers to go multichain. In layman’s terms, this agency if an absolute activity launched their badge or NFT on a blockchain like Ethereum, but would adopt to accomplish it accessible on avalanche, the badge issuer can permissionless add their badge to the Bridge Network belvedere in beneath 1 minute for users to alpha bridging.

Favour Uzoaru, Co-founder of Bridge Network, noted:

“While this is simple in context, the adeptness for tokens to calmly go multichain solves the builders’ dilemma. Builders can abide to advance their activity on whichever blockchain they see fit while accepting their assets lay on any blockchain that their user demands. I’m abnormally aflame to see this in the game-fi amplitude as amateur may opt to body on their own blockchains while users advantage the in-game assets out of its ecosystem to be added advantageous on added blockchains.”

Bridge Network’s badge barrage is appropriate about the bend with its mainnet advised to barrage in aboriginal Q2 2022 acknowledging EVM blockchains and after non-EVM chains.