NFTrade and Muon Announce Strategic Partnership for Cross-Chain NFT Interoperability
From enhanced liquidity to lack of asset segmentation, to enhanced usability, the introduction of cross-chain capabilities to the NFT market will provide new pathways for all stakeholders to get the most value from their non-fungible tokens. This is one of the cornerstones of what we see as the necessary future of the broader NFT ecosystem, and now, with our strategic partnership with Muon, we are one step closer to turning this idea into a reality for all.
We are thrilled to announce this collaboration long in the making, with Muon providing the necessary infrastructure to facilitate all of our cross-chain NFT needs. Through both EVM-based chains like Ethereum, Binance Smart Chain, Polygon, and Avalanche, as well as non-EVM chains like Solana, Muon is introducing a highly capable and dynamic infrastructure that will enable all NFTs to achieve maximum fluidity and usability. Soon, NFT owners can say goodbye to three-figure Ethereum gas fees without having to sacrifice access to top-tier projects exclusively available on the Ethereum blockchain.
Following this integration, we will begin to see the first traces of million-dollar NFTs across ALL chains, and with much more enhanced liquidity options than what was previously available. What was once only relegated to the Ethereum and Solana NFT ecosystems will now have new homes across a variety of blockchain networks.
“Considering the fact that Muon combines all these blockchains, it also brings all their users together. Under Muon each chain will be able to display its advantages, while still being connected to other networks. This is no different for the capabilities of NFTs or any other blockchain industry; Muon is there to connect all the chains together.” — Lafayette, Muon co-founder.
As for NFT-based and play-to-earn gaming, this means an influx of high-quality and usable NFT assets that were plagued by high transaction costs and slow transaction finalization. For instance, imagine trying to utilize a Bored Ape to take part in an Ethereum-based NFT game; the user would quickly rack up thousands of dollars in transaction fees within no time at all. Finally, with this upcoming integration, amazing games across all blockchain ecosystems will be able to seamlessly integrate any NFT they desire, completely destroying these unnecessary barriers to entry.
To call this a game-changer would be an understatement, as cross-chain interoperability has the opportunity to revolutionize the NFT asset class, ushering in an entirely new era of usability. As our live implementation of these cross-chain capabilities becomes imminent, we foresee a hungry ecosystem ripe for growth, and with cross-chain interoperability in our foresight, NFTrade and Muon will be desegmenting this nascent asset class once and for all.
NFTrade is the first cross-chain and blockchain-agnostic NFT platform. NFTrade is an aggregator of all NFT marketplaces and hosts the complete NFT lifecycle, allowing anyone to seamlessly create, buy, sell, swap, farm, and leverage NFTs across different blockchains. Using NFTrade, anyone can gain access to the entirety of their NFT, unlocking the total value of the NFT market.
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Muon is a decentralized node-network specializing in cross-chain infrastructure, which allows our partners to transact across multiple chains seamlessly. It helps to supercharge new & existing projects, by adding secure cross-chain interoperability, along with a variety of custom dApp functionalities. In doing so, Muon is unleashing the full power of web3 & the metaverse economy.