Poly Network Launches NFT Cross-chain Transfer Bridge
Poly Network announced that the world’s first #NFT cross-chain transfer bridge, the Poly Bridge NFT, was officially launched on the mainnet.
Poly Bridge enables cross-chain compatibility of digital assets such as fungible tokens and now NFTs, with low transaction fees and excellent user experience. Users can use Poly Bridge to access NFT mining and trading on Ethereum, Binance Smart Chain（BSC）, and Huobi Eco Chain（HECO）. New opportunities for arbitrage in yield difference between various chains are now available to traders.
Poly Bridge, a cross-chain transfer bridge built on Poly Network, delivers NFT token transfers and contract cross-chain calls for different chains, such as Ethereum, BSC, HECO, and more. Being able to buy and burn NFT collectables on multiple blockchains makes NFT trading more convenient and efficient, and further injects liquidity into the NFT market.
The speed of development of the NFT market is beyond imagination. But the market needs a cross-chain interoperability protocol that is technically reliable and compatible both with digital assets and NFTs on multiple networks. Poly Network’s vision is to “seamlessly connect the blockchain world”, and its mission is to connect the existing heterogeneous chains and maximize the value transfer capabilities and application scope of the blockchain technology. Poly Network expects more partners to join, and together build a new industry order of NFT cross-chain and become the cornerstone for liquidity of the NFT market.
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 4.3 billion U.S. dollars involving more than 80,000 addresses on different blockchains.
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