HurricaneSwap Cross-Chain NFT Market

Published on: 14.03.2022

In this year, the top ten global famous brands have deployed NFTs one after another. Coca-Cola launched the first NFT series; Adidas launched NFT series in cooperation with Punks Comics, Gmoney, and Bored Ape Yacht Club; Burberry, Louis Vuitton also released their own NFTs; Gucci and 10KTF launched 10KTF Gucci Grail series NFT; NBA superstars such as Jordan, James and other film and television music stars selling personal NFTs. It can even be seen that some physical goods are tokenized on the blockchain, many users are using NFT.

Cross-Chain Need of NFT

Traditional centralized exchanges such as Coinbase and Binance have begun to invest NFT projects, but also major Internet manufacturers have launched related NFT products. In the future, NFT will have more diverse asset types, application scenarios, and can be seamlessly integrated into various fields, from art, financial bills, healthcare to ticketing, banking, decentralized identity, NFT games, etc., it is not difficult to see the huge development space for the NFT market in the future.

Why Hurricane NFT Market

HurricaneSwap is the 1st cross-chain liquidity DEX officially supported by Avalanche, and Ted Yin, co-founder and chief architect of Avalanche, personally serves as the chief consultant of HurricaneSwap. HurricaneSwap applies one of the best cross-chain trading solutions on the market — Roke Protocol which can simultaneously support asset transactions on dozens of heterogeneous blockchains, allowing users to aggregate liquidity from different chains into HurricaneSwap.

More than 22% of Avalanche FUJI testnet addresses hold HurricaneSwap platform token HCT. HurricaneSwap has now grown into one of the largest projects in Avalanche’s ecology.

Hurricane NFT Market is the first cross-chain NFT trading protocol based on Avalanche by HurricaneSwap. It was born to solve NFT cross-chain transactions in different ecosystems and is currently the only cross-chain NFT trading platform that has been implemented. It will support cross-chain NFT tradings on multiple chains such as Ethereum, BSC, Avalanche, Fantom, and Polygon.

Users can buy trade NFTs on any chain and obtain NFT Vouchers (Wrapped NFT). The voucher can be traded in the Hurricane NFT Market with AVAX as the gas fee, saving a lot of time and cost, or be destroyed to redeem the NFT on the source chain.

NFTs give users ownership and sovereignty over their digital assets, and the Hurricane NFT Market will give these assets the freedom to circulate between different blockchain networks. Hurricane NFT Market is likely to detonate the next hot spot in the NFT market.

About Hurricane Swap

SOURCE

https://hurricaneswap.medium.com/hurricaneswap-decides-to-launch-a-cross-chain-nft-market-e7db0a4a58e0

Market Stats:
BTC Dominance: 53.41%(+0.15%/24h)
ETH Dominance: 16.15%(-0.04%/24h)
Defi Market Cap: $88.81B(-1.32%/24h)
Total Market Cap: $2379.84B(-0.73%/24h)
Total Trading Volume 24h: $85.11B(+6.85%/24h)
ETH Market Cap: $384.82B
Defi to ETH Ratio: 23.08%
Defi Dominance: 3.55%
Altcoin Market Cap: $1108.73B
Altcoin Volume 24h: $51.32B
Total Cryptocurrencies: 29413
Active Cryptocurrencies: 9845
Active Market Pairs: 82393
Active Exchanges: 753
Total Exchanges: 8383
BTC: 64585.85$(0.37%/1H)
ETH: 3148.9$(-0.28%/1H)
AVAX: 35.71$(0.44%/1H)
BNB: 613.11$(0.05%/1H)
MATIC: 0.72$(0.37%/1H)
FTM: 0.76$(0.34%/1H)
ADA: 0.47$(-0.16%/1H)
DOT: 6.93$(0.2%/1H)
UNI: 7.99$(-0.57%/1H)
CAKE: 2.83$(-0.29%/1H)
SUSHI: 1.03$(-0.5%/1H)
ONE: 0.02$(-0.42%/1H)