NFTs

Union and Stargaze Bring Ethereum Blue-Chip NFTs to Cosmos

Published

2 months ago

17 May, 2024

Union and Stargaze Bring Ethereum Blue-Chip NFTs to Cosmos

Unitya modular interoperability platform, partnered with decentralized NFT marketplace Observe the starsto facilitate the transfer of Top-tier Ethereum NFTs to the Cosmos ecosystem using the zkIBC bridge.

Union’s zkIBC bridge will enable the transfer of high-value NFT collections such as CryptoPunks, Bored Monkey Yacht ClubIt is chubby penguins from Ethereum to Cosmos.

This integration will also allow Stargaze NFTs to be listed on marketplaces such as Open seawhile ERC-721 NFTs will be available on Stargaze.

Source: União

Enabling Blue-Chip Ethereum NFT Interoperability

The collaboration involves using Union’s zkIBC bridge to facilitate NFT transfers between Ethereum and Cosmos. The process includes establishing an IBC channel between your test networks, ensuring proper mapping and encoding of NFT data. Union’s upcoming integration with AggLayer will also enable NFT transfers between Polygon and Stargaze.

Shane Vitarana, co-founder of Stargaze, said: “We are excited to work with Union to bring leading Ethereum NFTs to IBC for the first time. It’s not just about moving assets; it’s about connecting communities and simplifying the blockchain experience. We are setting a new standard for interoperability and creating a more integrated NFT marketplace.”

Cor Pruijs, co-founder and CTO of Union Labs, also noted: “Reliable interoperability between Stargaze and Ethereum NFTs is a game changer. With Union’s zkIBC connection to Ethereum, we support general message passing, which allows us to securely provide merkle proofs of inclusion for NFTs. This efficient trading environment will revolutionize the way NFTs are handled.”

This integration aims to increase the liquidity and accessibility of NFTs on both Ethereum and Cosmos and is expected to attract more creators and collectors to both platforms.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to thoroughly research any product before making any type of investment.

Blockchain enthusiast and long-time gamer.

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Published

2 hours ago

27 July, 2024

TokenTalk Staff

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NFTs

AI-Powered Discovery Network for NFTs Launches $PULSR Token – Press Release Bitcoin News

Published

3 hours ago

27 July, 2024

TokenTalk Staff

https://news.google.com/./articles/CBMiVGh0dHBzOi8vbmV3cy5iaXRjb2luLmNvbS9haS1wb3dlcmVkLWRpc2NvdmVyeS1uZXR3b3JrLWZvci1uZnRzLWxhdW5jaGVzLXB1bHNyLXRva2VuL9IBAA?hl= en -US&gl=US&ceid=US%3Aen

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NFTs

Solana Monkey Business Leads NFT Sales with $875,91K

Published

6 hours ago

26 July, 2024

TokenTalk Staff

Solana Monkey Business Leads NFT Sales with $875,91K

Floptober NFT from above

Image: AI-generated via Midjourney

Solana Monkey Business topped CryptoSlam’s non-fungible token (NFT) sales charts on July 22 with $875,914 in total sales.

The collection had 122 unique buyers, equaling the number of sellers, and an average price of $5,308 per NFT.

This increase in daily sales boosted the SMB’s all-time sales volume to a new record of $212.48 million.

The Solana-based ape-themed collection entered the list of the top 30 NFT sellers of all time over the weekend, knocking SATS BRC-20 NFTs off the rankings.

The second best performing collection of the day was gETH Locked Deposit.

This NFT, which represents gETH locked on the Ethereum layer-2 network Arbitrum, saw a daily sales volume of $583,047 from just one transfer.

The asset was brother-in-law just moments before the transfer is made.

In third place, DMarket’s NFTs and in-game virtual items on the Mythos Network saw a total of $565,002 in sales.

The collection attracted 3,254 unique buyers and 2,848 sellers, with an average price of $24.66 per item. Active DMarket owners stood at 5,111, contributing to a total owner count of 397,931.

Outside of the top three, Ethereum’s DogeZuki Collection came in fourth place with $436,787. Bored Ape Yacht Club, another Ethereum collection, had total sales of $341,576 for fifth place.

While a Solana collection led the day’s results, the network’s total NFT sales for the day were slightly outpaced by Ethereum.

Ethereum led all blockchains in sales on Monday with $4.2 million, with Solana close behind at $4.1 million.

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