News

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

XP.NETWORK Is Now Announcing a Partnership with Harmony Protocol In 2022! 4

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.

XP.NETWORK Is Now Announcing a Partnership with Harmony Protocol In 2022! 5

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.

XP.NETWORK Is Now Announcing a Partnership with Harmony Protocol In 2022! 6

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

Andy

Recent Posts

Galaxy’s Michael Novogratz Raises Bitcoin’s Expected Price Range To $55,000

Galaxy Digital's Novogratz predicts Bitcoin will maintain a narrow trading range of $55,000 to $75,000…

1 hour ago

JPMorgan’s JPM Coin Now Has The First Third-party Usage For Settlement Mechanism

Onyx partners with fintech firm Broadridge to integrate JPMorgan's JPM Coin into Broadridge's repo platform.

1 hour ago

Fed Chair Powell: U.S. Economy Strong, Labor Market Robust!

Fed Chair Powell provided an overview of the current state of the U.S. economy, highlighting…

2 hours ago

Wisconsin Investment Council Holds $99 Million in iShares Bitcoin ETF!

13F documents have revealed that the Wisconsin Investment Board, commonly known as the State of…

2 hours ago

SEC Is Likely to Reject Spot Ethereum ETFs On The Reason That ETH Is A Security

Spot Ethereum ETF approval remains uncertain amidst delays in SEC engagement and Grayscale's withdrawal.

2 hours ago

Liquity v2 White Paper Introduces Innovative DeFi Enhancements!

The decentralized lending platform Liquity has unveiled its much-anticipated Liquity v2 white paper, marking a…

2 hours ago

This website uses cookies.