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Ledger Nano X - The secure hardware wallet
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Wormhole Bridges the Gap for Aptos Network’s NFT Transfer to Other Chains

10 March 2023
in Meta News
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Wormhole Bridges the Gap for Aptos Network’s NFT Transfer to Other Chains
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Wormhole has launched the Aptos NFT bridge, enabling users to bridge NFTs between several chains via Wormhole’s Portal bridge. Transferred NFTs are locked in the NFT bridge contract, and wrapped equivalents are created on the destination chain.

‍

Wormhole has launched the Aptos NFT bridge, allowing NFT transfers between Aptos Network and other chains without double-wrapping.

1/ Calling all NFT lovers, creators, collectors! Now, it’s easier than ever to make Aptos your Web3 homebase 🖼️🌐

We partnered with @wormholecrypto to enable NFT bridging to (and from) Aptos on Portal, Wormhole’s token bridge!

Check it out 👇https://t.co/CfZkstUUih

— Aptos (@Aptos_Network) March 8, 2023

Users can bridge NFTs from Arbitrum, Aurora, Avalanche, BSC, Celo, Ethereum, Fantom, Karura, Klaytn, Moonbeam, Oasis, Optimsm, Polygon, and Solana to Aptos and vice versa via Wormhole’s Portal bridge.

“With the Aptos NFT bridge, Wormhole brings a new level of interoperability to the network. Aptos welcomes millions of assets, thousands of creators and artists from across the many chains accessible via this bridge,” said Mo Shaikh, Co-Founder and CEO of Aptos Labs.

An NFT transferred from its origin chain is locked up in the NFT bridge smart contract. After that, an equivalent wrapped NFT is minted on the destination chain.

The wrapped NFTs have the same name, look, and behave as the original NFTs. Wrapped NFTs on EVM chains are ERC721 tokens, on Solana they are SPL tokens with Metaplex metadata, and on Aptos they act as Aptos Token standard.

As reported, it is also possible to send NFTs back to the original chain to unlock the original NFT. For instance, an NFT originated from Aptos can be bridged to Ethereum, sold on Opensea, and then transferred back to Aptos.

The Aptos network, launched last October, has been gaining traction over the past few months, and this new alliance with Cross-chain Bridge Wormhole may help it gain even more traction. The layer-1 blockchain has also recently emerged as the fastest major blockchain network, with a median Time to Finality (TTF) value of under a second, according to Messari. 

Aptos(APT) is trading at $10.33, down 3.79% in 24 hours, at the time of writing.

‍

What is Aptos:

Aptos is a new, independent project focused on delivering the safest and most production-ready Layer 1 blockchain in the world. The team includes the original creators, researchers, designers, and builders of Diem, the blockchain first built to serve this purpose.

Where to find Aptos Labs:

Website | Twitter | Telegram | Medium | Discord |

‍

What is Wormhole:

The Wormhole Network is a generic message-passing protocol that connects high-value blockchains and allows applications to leverage the messaging layer to facilitate ecosystem interoperability. Secured by 19 guardians, developers can leverage the protocol to send arbitrary data cross-chain, including tokens, NFTs, oracle data, governance decisions and more.

Where to find Wormhole:

Website | Twitter | Telegram | GitHub |

‍

Follow us on Twitter and Instagram to keep up with all the latest news for BNB Chain and crypto.

If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.

Want the latest DeFi secrets delivered directly to your inbox every week from a leading industry expert? Instantly learn about strategies that could have you earning APYs of up to 69,000% with DeFi Maximizer. Sign up today and enjoy a 25% discount off your first month!

Looking for a job in crypto? Check out the CryptoJobsNow listings!

‍


Credit: Source link

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