Easily migrate to multiple chains with the XP.Network Multi-chain NFT Bridge. The project supports more chains than any other NFT protocol.
Features of XP.Network Multi-chain NFT Bridge
In addition to sending NFTs from one blockchain to another, XP.NETWORK has an NFT minting module. Users can create new NFTs on any of the merged chains. The user interface and minting process is the same for all chains. The user can select the chain with the lowest minting fees and send the NFT to the marketplace or wallet of their choice on any chain.
NFT projects that integrate XP.NETWORK will have a competitive edge and broader reach. The XP.network minting service is the first to be available on both those blockchains that use the Ethereum virtual machine (Ethereum, Binance Smart Chain, Polygon) and those that do not, such as Elrond, Cardano, Solana, Algorand, etc.
Project tokenomics
$ XPNET - its native token. It helps to pay transaction fees, staking and to encourage further development of XP.network.
The initial public sale of $XPNET took place at three launch pads on September 14, 2021:
| 1. | BSCPad. |
| 2. | Occam.Razer. |
| 3. | Gate.io. |
When a user initiates an NFT transfer from one chain to another, the original NFT is locked in the bridge's smart contract and the relay validators evaluate the total transaction fee, which consists of the fee, charged by the target block chain, and the relay validators' own fee. The required amount is withdrawn from the user's account in the origin blockchain. As the volume of NFT assets, passing through the bridge grows, more and more XPNET will be needed to pay for relay validators, driving demand.
This makes the XP.network staking program unique. Each participant will be able to create an NFT representing their bet. In fact, the right to claim rewards for bets belongs to the owner of the NFT. The owner can always sell his XP.NETWORK NFT on the marketplace, but this will mean forfeiting the right to the reward, which will pass to the buyer.