Union, a modular interoperability platform, has partnered with decentralized NFT market Stargaze, to facilitate the switch of blue-chip Ethereum NFTs to the Cosmos ecosystem utilizing the zkIBC bridge.
Union’s zkIBC bridge will allow the switch of high-value NFT collections equivalent to CryptoPunks, Bored Ape Yacht Membership, and Pudgy Penguins from Ethereum to Cosmos.
This integration may even enable Stargaze NFTs to be listed in marketplaces like OpenSea, whereas ERC-721 NFTs will probably be accessible in Stargaze.
Supply: Union
Enabling Blue-Chip Ethereum NFT Interoperability
The collaboration entails utilizing Union’s zkIBC bridge to facilitate NFT transfers between Ethereum and Cosmos. The method consists of establishing an IBC channel between their testnets, guaranteeing correct mapping and encoding of NFT information. Union’s upcoming integration with AggLayer may even allow NFT transfers between Polygon and Stargaze.
Shane Vitarana, Co-founder of Stargaze, mentioned, “We’re thrilled to work with Union to convey prime Ethereum NFTs to IBC for the primary time. This isn’t nearly transferring belongings; it’s about connecting communities and simplifying the blockchain expertise. We’re setting a brand new customary for interoperability and making a extra built-in NFT market.”
Cor Pruijs, Co-founder and CTO at Union Labs, additionally famous, “Trustless interoperability between Stargaze and Ethereum NFTs is a game-changer. With Union’s zkIBC connection to Ethereum, we assist common message passing, permitting us to securely present merkle-inclusion proofs for NFTs. This environment friendly buying and selling setting will revolutionize how NFTs are dealt with.”
This integration goals to boost the liquidity and accessibility of NFTs on each Ethereum and Cosmos and is predicted to draw extra creators and collectors to each platforms.
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