XP.Network Joins Tezos Ecosystem as Corporate Baker
press release

XP.Network Joins Tezos Ecosystem as Corporate Baker

THELOGICALINDIAN - XPNetwork bridges the gap by authoritative it accessible to alteration an NFT amid blockchains in abnormal at a basal cost

XP.Network, architect of the NFT cross-chain belvedere that supports added chains than any added NFT protocol, has clearly appear affairs to aggrandize its captivation in the Tezos ecosystem as a accumulated baker. XP.Network will now validate affairs and add them to the Tezos blockchain.

XP.Network has Created the First Multi-Chain NFT Bridge

XP.Network has created a multi-chain arch for NFTs. It tears bottomward the barriers amid blockchains, acceptance agenda assets to breeze advisedly beyond networks. By accomplishing so, XP.Network is architecture the foundation for a unified all-around NFT market, abutting creators, traders, and owners.

Emerging NFT communities on another blockchains sometimes accept clamminess issues. By actuality bound to a distinct chain, able NFT projects — and NFT holders — may absence out on endless opportunities. XP.Network bridges the gap by authoritative it accessible to alteration an NFT amid blockchains in abnormal at a basal cost. This agency added acknowledgment for NFT creators, bigger clamminess for asset holders, and added transaction breeze for the bridged blockchains. For example, an NFT minted on Tezos can be beatific to Ethereum and listed on OpenSea. A move that was not accessible — until now. Since February, XP.Network accept auspiciously bridged Tezos NFTs to blockchains like Ethereum, Polygon, Avalanche, Elrond, Fantom, Binance Smart Alternation and abounding more.

Nir Blumberger, XP.Network CEO, said:

“When we aloof started our way, XP.Network knew that Tezos is a blockchain we appetite by our side. We accept this ecosystem is the criterion abounding blockchains should aspire toward. We are aflame to see what the approaching holds for this partnership.”

Tezos is a layer-1 blockchain agreement featuring on-chain governance, self-upgradability, defended acute arrangement development, low transaction fees, and an environmentally affable validation arrangement accepted as Liquid Proof-of-Stake. Tezos has accomplished 8 seamless arrangement upgrades over the accomplished four years by acceptance anniversary bakery (validator) to vote on protocols. Tezos has a advancing NFT ecosystem with hundreds of bags of NFTs minted and added than 51 actor arrangement calls made. Reliably energy-efficient, to excellent an NFT on Tezos is as abundant activity as beneath than 7 abnormal of an LED while on Ethereum, it would amount the account electricity of an American household.

XP.Network chose to become a Tezos accumulated chef to added become complex in the ecosystem. Tezos is industry-leading, activity able and consistently innovating. As one of the aboriginal blockchains to accept the proof-of-stake accord method, Tezos has acquired into an more accepted another to several above POW-based options. Tezos has able an ecosystem of advancing NFT marketplaces, dApps, tools, and amateur that action a advanced array of agenda assets with actual adorable and affordable fees. It is for these affidavit that XP.Network is appreciative to become a accumulated baker.

Elie Terdjman, Founder of Tezos Israel, said:

“XP.Network is an agitative cross-chain NFT belvedere and we are captivated to acceptable them into the Tezos baking community. They will be a able colonnade and apparatus for the Tezos ecosystem and we apperceive their dedication, enthusiasm, and abilities will advance to the added advance of both the Tezos and XP.Network ecosystem.”

The NFT band-aid accomplished aggregation has set its ambition to accomplish agenda assets transfers amid blockchains attainable and accessible. A charge accepted acute for this technology to be adopted by a broader ambit of users. To accomplish that goal, XP.Network has created the aboriginal multi-chain NFT bridge. A cross-chain band-aid that enables agenda assets to breeze advisedly amid chains. This groundbreaking apparatus is already actuality activated on several NFT platforms and is on its way to axis the absolute blockchain ecosystem into the all-around apple it can be. To use XP.Network’s NFT bridge, bang here.

Tezos is acute money, redefining what it agency to authority and barter amount in a digitally affiliated world. A self-upgradable and energy-efficient Proof of Stake blockchain with a accurate clue record, Tezos seamlessly adopts tomorrow’s innovations after arrangement disruptions today.

Tezos Israel is a blockchain addition lab based in Tel Aviv focused on onboarding, educating, and developing applied use cases for Tezos and the broader Israeli tech ecosystem.