DigiCol x Poly Network Partnership

Published on: 06.05.2021
DigiCol x Poly Network Partnership

DigiCol & Poly Network announced partnership to offer the world’s first seamless NFT cross-chain operations to artists & collectors via Poly Bridge.

The partnership allows $DGCL and NFT tokens to be bridged from one chain to another chain in a simple and quick manner using the Poly Bridge, a one-click cross-chain tool developed by the protocol to seamlessly facilitate token transfers between Ethereum (ERC20) and other blockchains. This collaboration aligns with DIgiCol’s mission to offer seamless crypto experiences, enabling DigiCol users to easily interact on multiple blockchains such as Binance Smart Chain and Huobi ECO Chain and simplifying the NFT process for users.

Cross-chain interoperability is one of the key factors in determining the long-term success of a blockchain and NFT platform. As Poly Network creates an interoperability bridge that connects several chains together and passes data or requests in a decentralized manner, they believe the partnership will mark a key milestone in the ongoing growth and development of DigiCol.

What is Poly Network?

Poly Network is an interoperability protocol for heterogeneous blockchains. It has a wide range of support across a lot of blockchains as a result of how easy it is to join in. Based on cryptography, Poly Networks adds an extra layer of complex security mechanisms that makes cross-chain transactions extra secure.

Poly Network has implemented interoperability with 9 heterogeneous chains including Bitcoin, Ethereum, Neo, Ontology, BSC, Heco, Elrond, Zilliqa and Cosmos-SDK. Since the launch, the protocol has enabled cross-chain asset transfer of more than 4.2 billion U.S. dollars involving more than 75,000 addresses on different blockchains.

What is DigiCol?

DigiCol aims to offer one-click NFT creation with no coding required, which lowers the entry barrier for normal users. Users can create their own digital collectibles and earn rewards (DGCL) by launching them into a liquid NFT marketplace. It also enables NFT owners to unlock liquidity in ETH, USDT, or DGCL by locking their NFTs as collateral.

📰 INFO:

https://medium.com/digicol/digicol-x-poly-network-partnership-worlds-first-nft-marketplace-supporting-cross-chain-867746aee091

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