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.
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.
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.
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