XP.Network Multi-chain NFT Bridge — an ecosystem, based on a multi-chain bridge for created NFTs. It breaks down barriers between blockchains, allowing NFTs to move freely across networks. By bringing together decentralized applications, token miners, traders and owners, XP.NETWORK creates the foundation for a single global NFT market.
The XP.Network Multi-chain NFT Bridge allows users to pay exchange fees in the currency of the original blockchain, be it ETH, BNB, AVAX, SOL, MATIC, EGLD or anything else, while the necessary conversion to XPNET is done internally and transparently to the end.
Each staker can create an NFT, which serves as an access key to staking rewards. One can either hold the NFT until the end of the staking period and claim the reward, or sell it, at which point the buyer will be eligible for the XPNET reward while the original owner is still able to withdraw the funds.
To start minting, the user must have:
| 1. | target chain supported wallet: MetaMask for EVM compatible chains and custom wallets for Solana, Cardano, etc. |
| 2. | enough coins of the target blockchain to pay for possible minting fees. |
| 3. | $ XPNET to pay the XP.NETWORK commission. |
There are two ways to transfer NFT through XP.NETWORK Bridge. The first option does not require smart contracts to be coded or deployed. Tokens can be sent from Chain A to Chain B, using existing infrastructure with minimal effort within minutes.
To store the name of a collection or any business logic, required for a game, marketplace, metaverse, DeFi app or royalty-free collection, deploying custom smart contracts on the destination chain is required.