WAX and Binance build the largest cross-blockchain ecosystem for NFTS, games and GameFi – Sponsored Bitcoin News
“Blockchain Brawlers” NFT series will be launched later this month
Wax, (Global Asset Exchange), co-founder William Quigley has a vision for the future. One of the NFT bridges built by the company will enable the blockchain and NFT markets to flourish despite their different chain types.
Quigley’s vision has recently taken a huge leap. The company announced the launch of its GameFi project “Blockchain Brawlers”, which enables users to interchange NFTs in games Binance Smart Chain And WAX blockchain is NFT bridge developed by WAX.
“The NFT bridge built by WAX can build the future we envision, and everyone can access the blockchain and the NFT market regardless of the chain type,” said WAX co-founder William Quigley.
The NFT collection of “Blockchain Brawlers” will be auctioned for the first time on the Binance NFT market on November 30, 2021. Being able to transfer NFTs used in games to other blockchains through bridges will take the GameFi industry to the next level. With the free transfer of NFT, the global mass adoption rate of game NFT will increase.
Binance Smart Chain (BSC) is the first blockchain connected to WAX, and “Blockchain Brawlers” will be the first gaming dApp to enable a cross-chain ecosystem for NFT. The first batch of “Blockchain Brawlers” NFTs is called the “Founders Edition” and consists of 100 NFTs. There are four different versions: Standard Edition, Hardcore Edition, Cage Game and Death Game. Each of these Brawler NFTs will play an indispensable role in the upcoming “Blockchain Brawlers” game, and they will fight for wealth and reputation.
In the first phase of the upcoming NFT bridging between WAX and BSC, users will be able to use their WAX cloud wallet account to view the NFTs they own on BSC. The NFT bridge will facilitate the transfer of selected BSC NFTs to the WAX ??blockchain, including Blockchain Brawlers purchased on the Binance NFT market. Then, the NFT assets will appear in the user’s NFT inventory on the WAX ??blockchain.
In the second phase, the bridge will provide access to a wider range of NFTs on WAX and Binance NFT. Then, users will be able to buy and sell NFTs on the WAX-based and BSC-based NFT markets, regardless of which chain the NFT originated from. The NFT bridge is expected to go online in the second quarter of 2022.
After the Binance NFT auction, other NFTs in the game will also be auctioned on WAX at a later date.
WAX is the largest game blockchain, processing three-quarters of all game-related transactions, and Binance NFT recently launched their new game program IGO (Initial Game Product) to allow users to enter the GameFi world as soon as possible. With the launch of IGO, Binance NFT is committed to building the future of Game Metaverse by providing the largest GameFi NFT trading platform.
Games and other PFP programs and the NFT market compatible with Binance NFT and WAX NFT is one of the cooperation projects that the two companies are currently and expected to carry out in the future.
According to data from Dappradar.com, the Global Asset Exchange™ (WAX), also known as the “King of NFT”, is the world’s number one blockchain measured by the number of users and transactions. WAX’s mission is to promote NFT to the mass market in the world’s safest, most reliable, environmentally friendly and easy-to-use market. WAX is the leading entertainment NFT network-in 2018, WAX launched vIRL, enabling consumer product companies to link NFTs directly to physical consumer products. WAX facilitated the transaction of more than 100 million digital collectibles, including Major League Baseball (via Topps MLB collections), Capcom’s “Street Fighter” and world-renowned artists Deadmau5 and Weezer.
Binance NFT is Binance’s official NFT market, providing an open market for artists, creators, crypto enthusiasts, NFT collectors and creative enthusiasts from all over the world, with the best liquidity and the lowest fees. Binance offers three product lines: Premium Events, Mystery Boxes, and Markets. The company is working hard to build the first and largest GameFi NFT trading platform for game projects through IGO (Initial Game Products)-core game assets with top game projects. Binance schedules quarterly Bitcoin Burn to permanently reduce supply Bitcoin, In turn, increase its value.Lots of Bitcoin Burns is calculated based on Binance’s overall quarterly transaction volume. Quarterly token burns continue until a total of 100,000,000 Bitcoin Destroyed, accounting for 50% of the total Bitcoin supply.
Binance Smart Chain is also a separate blockchain, but it is not a substitute for Binance Chain, although it is updated. Binance Smart Chain is actually designed to run with the original Binance Chain.
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