ThunderCore and SWFT Partnership

Published on: 31.05.2022
ThunderCore and SWFT Blockchain Partnership

ThunderCore has announced its partnership in cross-chain swaps with SWFT Blockchain, a combining next-generation AI and machine learning tools with blockchain technology, developing a globe-spanning cross-chain swap protocol as well as payments system.

SWFT blockchain, founded in 2017 in Silicon Valley. A payment network and one-stop cross-chain entity that focuses on both centralized and decentralized exchanges as well as non-fungible tokens. The chain is an extremely advanced swap protocol that takes advantage of artificial intelligence (AI).

Their two chains can achieve goals on an even larger scale, moving forward the dial in the development of Web3. They look forward to continuing their fruitful collaboration with SWFT in building out the infrastructure for the multi-chain world.

How ThunderCore delivers for its partners in Web3?

Their ecosystem is a blooming garden full of decentralized applications (DApps) that make life easier, more profitable, and more fun. They host DApps from more or less every corner of the blockchain world. These includes decentralized exchanges (DEXs), GameFi projects, cross-chain bridges, and dedicated NFT platforms. TT Wallet, the native wallet of their ecosystem and the key to their garden, is truly a first-class offering.

They are also fortunate enough to work with a large number of strategic partners and collaborators, with some of these including the popular NFT platform OurSong, the cross-chain aggregator XY Finance, and even the Taiwanese basketball team the New Taipei Kings.

As believers in a multi-chain world, they are always very concerned with bridges. Their blockchain hosts the ThunderCore Bridge, which facilitates crypto movements across a multitude of blockchains, such as BNB Chain, Ethereum, SWFT, and many more.

Additionally, their cutting-edge proof-of-stake (PoS) consensus protocol PaLa allows them to process over 4,000 transactions per second at less than $0.00001 each, delivering the kind of room for scalability that will come in handy as the blockchain world continues to develop over the decade and beyond. They’re also happy to mention that they have had zero security incidents of any significance since they began our journey back in 2019.

SWFT embraces the cross-chain future with winning solutions

Born during the ICO boom of 2017, SWFT is a leader in using AI tools that run on big data to maximize the speed, affordability, and security of cross-chain crypto flows. With SWFT, it’s possible to swap between more than 500 cryptocurrencies — and that number continues to grow. The protocol is a frontrunner in the area of swaps between currencies in centralized finance (CeFi) and decentralized finance (DeFi). And almost all of the leading tokens are supported, including Bitcoin, Ethereum, Polygon, Polkadot, BSC, Solana, and more.

Therefore, the chain also has a focus on NFTs, with one-click swaps and purchases possible with many of the leading NFT platforms as well as projects. SWFT now boasts its own NFT aggregator in beta form, which connects with OpenSea, LooksRare, Rarible, Treasureland, and other platforms in the space. Bored Ape Yacht Club NFTs, among other blue-chip projects, can be purchased with any supported token on the chain. On the other hand, the aggregator helps to find the lowest price available from its listings, making it easier for users. This is the kind of feature that demonstrates how SWFT goes the extra mile to ensure the world of crypto.

ThunderCore is partnered with SWFT in the area of cross-chain swaps, and SWFT’s Allchain Bridge offers total support for their chain and its on-chain tokens. Their TT Wallet in turn supports the swap function of Allchain Bridge, and its swap volume related to ThunderCore once jumped up by 6900%.

Furthermore, SWFT has many prominent venture capital backers in the United States, such as Draper Dragon. And since the chain’s inception, the swap API has found its way into many other wallets, including TokenPocket and Bitkeep. Recently, the chain’s native token SWFTC, was even accepted by Coinbase for a Q2 2022 listing.

About SWFT

SWFT has been combining next-generation AI and machine learning tools with blockchain technology. To develop a globe-spanning cross-chain swap protocol as well as payments system. The chain allows for direct swaps at the best prices with hundreds of cryptocurrencies and NFTs. With a focus on speed, affordability, and security, SWFT sets out to deliver the best available swap experience for users.

Website | Twitter

About ThunderCore

ThunderCore is a secure, high-performance, EVM-compatible public blockchain with its own native currency, TT. With a breakthrough consensus protocol that overcomes the scalability “trilemma” called PaLa, the ThunderCore network offers 4,000+ TPS, 1 second confirmation times. And give a low gas fees that cost less than a fraction of a cent, giving decentralized applications security and scalability.

Website | Twitter

SOURCE:

https://blog.thundercore.com/thundercore-and-swft-moving-cross-chain-swaps-forward-together-be2bf9998bde

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