News

XP.NETWORK Is Now Announcing a Partnership with Harmony Protocol In 2022!

About Harmony

Harmony is an open and fast blockchain and your home for assets, collectibles, identity, and governance. Their mainnet runs Ethereum applications with two-second transaction finality and 100 times lower fees. The blockchain’s ecosystem also offers cross-chain asset transfers with Ethereum, Binance, and three additional chains. Its accurate balance of security, speed, and affordability makes Harmony an extremely fertile ground for dozens of decentralized projects — who are encouraged to use its platform to build their projects by a designated grant program.

About XP.NETWORK

XP.NETWORK was established to answer a great demand in the market for tools that will turn the growing NFT world accessible and easy to use. One of the most notable tools created by this company is XP.NETWORK’s bridge — The first chain-agnostic bridge built especially to let NFTs and funds flow freely between networks and wallets while avoiding complications like currency differences and token standards. The bridge is already utilized by over a dozen blockchains like Tron and Polygon, several NFT platforms like Opulous and EXA finance, while more prominent ecosystems and projects are currently in the process of joining — Opening doors to new markets for their entire NFT community.

About the Partnership

Harmony’s cross-chain capabilities and low gas fees turned it into a very appealing blockchain for NFT centered projects. A fact that brought Harmony to increase the blockchain’s NFT capabilities by developing a cross-chain bridge of its own, Horizon. With this partnership, Harmony integrates XP.NETWORKS bridge into its own, extending its already impressive cross-chain NFT capabilities beyond its previous boundaries. Utilization of the XP.NETWORK bridge, along with the Horizon bridge, turns Harmony into the central intersection for NFT transfers and promotes its vision to unite the decentralized economies.

More and more blockchains are starting to grasp what we can achieve together, just by a concept that many saw as trivial. Two bridges, each is sharing its own prospects and attributes to create something bigger, more efficient, and stronger than ever. May this synergy prosper for the mutual benefit of the entire blockchain community,” Nir Blumberger, XP.NETWORK CEO.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Hazel

CoinCu News

Victor

Recent Posts

Bybit Proof Of Reserve Shows Changes In BTC, ETH, And USDT

Bybit Proof of Reserve reveals BTC holdings at 50,412 (-8.55%), ETH at 525,641 (+8.11%), and…

10 minutes ago

Bitcoin Spot ETF Inflows Reach $449M With BlackRock Leading

Key Points: Bitcoin Spot ETF Inflows totaled $449M, led by BlackRock’s $1.45B contribution. Ethereum Spot…

59 minutes ago

Best New Meme Coins to Join for 2025: BTFD Coin Leads, Popcat Keeps It Purr-fect, and Non-Playable Coin Hits Gamers Hard

Discover the Best New Meme Coins to Join for 2025. BTFD Coin's price rollback offers…

2 hours ago

Solana memecoins crash while DTX Exchange hits 100,000 TPS on layer-1 blockchain

Discover how DTX Exchange's historic achievement of 100,000 transactions per second on a layer-1 blockchain…

3 hours ago

Strategic Bitcoin Reserve Expected to Cut 35% of US National Debt by 2049

VanEck suggests the U.S. could reduce its national debt by 35% by 2050 through a…

3 hours ago

The New Lead of Presidential Crypto Council Appointed by Trump Is Bo Hines

President-elect Donald Trump named Bo Hines as the executive director of the presidential crypto council.

3 hours ago

This website uses cookies.