XP.Network is a unique platform aiming to solve one of the biggest issues in the NFT sphere - the lack of interoperability between different blockchains. This platform offers a powerful bridge between various blockchains, allowing users to transfer their NFTs from one network to another without any restrictions.
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Advantages of XP.NETWORK
In the field of blockchain development, one of the most active areas is cross-chain bridges. However, few projects focus on bridges for NFTs. XP.NETWORK has several key advantages compared to other solutions:
- Support for a wide range of blockchains: any network can be connected to the bridge.
- User-friendly interface for creating, transferring, and exploring NFTs.
- Low transaction fees paid in the native currency of the source blockchain (ETH, BNB, SOL, etc.).
- High scalability: the bridge's capacity is limited only by the TPS of the connected chains.
- The ability to create NFTs on multiple networks simultaneously.
- Superior security and reliability: a multi-layer security system capable of preventing all common types of attacks, with no single point of failure.
Tokenomics
$XPNET is the native token of XP.network. It is used to pay transaction fees, for staking, and to incentivize further development of XP.network.
Roadmap
The platform has presented a detailed roadmap that tracks their journey from inception to launch. It includes many key milestones such as product architecture development, cross-chain research, technology stack determination, completion of the presale, integration with first non-EVM blockchains like Elrond, and more.
The platform plans to implement several new features in Q4 2023:
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NFT Marketcap v2.0:
- NFT trading platform rankings.
- NFT marketplace market cap data.
- Market indicators displayed by the platform.
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XP.NETWORK Toolkit:
- NFT metadata backup service.
- 100% on-chain NFT metadata generation.
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Integration bridge with the mainnet, widget, and xpjs:
- Cardano.
- Cosmos.
- Sui.
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NFT Marketcap (NFT collections statistics and analytics) v1.0:
- NFT collection rankings.
- Market capitalization of collections.
- Trading activity statistics on collections.
- NFT collection news.
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XP.NETWORK Toolkit:
- NFT Fractionalizer - support for NFT fractional ownership.
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Bridge update to version 3.3:
- Transaction fee payment in $XPNET on Algorand and BSC.
- Discounts for $XPNET holders on Algorand.
XP.NETWORK represents a promising project that can change the NFT industry landscape, providing connectivity between different blockchains and creating new opportunities for NFT creators and owners. With its help, NFTs can become truly global and liquid assets.