BSC and Avalanche Mainnet Integration
NFTrade Finalizes BSC and Avalanche Mainnet Integration

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June has begun, meaning our IDO is right around the corner, and proceeding our token launch, we want to have the most established and usable NFT platform available. The NFTrade marketplace and NFT farming application have been live on Ethereum’s mainnet, and we are happy to announce the complete integration of Binance Smart Chain (BSC) and Avalanche into our platform. We began our multi-chain integration efforts just over a week ago, and we are excited to see the fruits of our labor already hitting the open market. With this integration, users will be able to create, buy, sell, swap, and farm NFTs across Ethereum, Binance Smart Chain, and Avalanche, all from a single platform.

 

Every NFT In One Place

With the completion of these integrations, users can browse and purchase NFTs from multiple chains all through the NFTrade marketplace. Whether an NFT is native to Ethereum, BSC, or Avalanche, it will all be viewable and interactable within a single platform, eliminating the need to hop from platform to platform for NFT transactions.

Users will also be able to quickly and safely swap or trade their NFTs in an escrowed peer-to-peer manner, regardless of the chain. This feature is not prominent amongst Etheruem-based NFT platforms, the sector leading the NFT infrastructure race, and is essentially non-existent on BSC or Avalanche at the present moment, forcing users to riskier over-the-counter (OTC) trades if they want to swap their NFTs with another user. Through NFTrade, users will be able to remove all the risks associated with OTC trading, using smart contracts to safely transact and make sure both parties understand and agree to the transaction before it is undertaken.

Users will also be able to quickly and safely swap or trade their NFTs in an escrowed peer-to-peer manner, regardless of the chain. This feature is not prominent amongst Etheruem-based NFT platforms, the sector leading the NFT infrastructure race, and is essentially non-existent on BSC or Avalanche at the present moment, forcing users to riskier over-the-counter (OTC) trades if they want to swap their NFTs with another user. Through NFTrade, users will be able to remove all the risks associated with OTC trading, using smart contracts to safely transact and make sure both parties understand and agree to the transaction before it is undertaken.

 

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An example of ETH, BSC, and AVAX-based NFTs all in one place (app.nftrade.com)

 

The Path to Integration

Our multi-chain integration is in part thanks to features made available through The Graph Protocol, allowing NFTrade to create subgraphs for BSC and Avalanche, opening up the ability for our platform to query all relevant NFT data from both chains. NFTrade can now index, store, and retrieve data from these chains instantaneously, creating the possibility for multi-chain NFT aggregation within our platform.

The next step was to develop the relevant smart contracts for BSC and Avalanche users, allowing them to create, buy, sell, swap, and farm NFTs using NFTrade. With the completion of this step, we are happy to announce the complete usability of our platform across these three chains starting on Monday, June 7, 2021. With the contracts deployed and the final aspects of UI and UX completed, we are ready to bring additional value to the NFT community by making NFT interactions more simplistic. By bringing true multi-chain access to the NFT marketplace, we hope to create a more accessible navigational atmosphere for everyone involved in the NFT realm. 

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