Yes, Astar is Continuing to Grow It’s Network as Promised. Now $NFTY Tokens can be Transferred & Used on Astar Through The CELER Bridge!
Astar is thrilled to reveal that the $NFTY token can now be bridged over to Astar by means of the Celer bridge. This is an important milestone for both Astar and NFTY Labs, the business behind the NFTY token. NFT Labs was accepted into the Astar Builders Program in August 2021, and with this advancement, is now formally integrated into Astar. This implies that NFTY holders can now firmly bridge their ETH-based $NFTY tokens to Astar.
The new safe and secure bridge leverages Celer’s cBridge recent combination with Astar Network, an ingenious Web3 asset connection that provides a quick, low-cost, cross-chain bridging experience between Astar Network and numerous other Layers 1 and 2 protocols.
Astar is proud to be partnered with NFTY Labs on this integration and this newest development shows NFTY Labs’ steady commitment to additional decentralizing the $NFTY token. By making $NFTY token readily available on Astar, it’s reaching more DeFi and NFT protocols, making it simple for their communities to engage and gain from the utilities the NFTY token supplies to its holders.
More About NFTY
NFTY is a cross-chain Web3 authentication layer used for subscription services, commitment rewards, and access management. NFTY provides proven ownership for digital assets, and $NFTY holders benefit as owners of the ecosystem currency that makes NFTs and other digital properties useful by automating their use as provable keys to access metaverse gated material, experiences, communities, and a lot more.
Astar Network is the # 1 TVL Smart Contract Hub for WASM + EVM on Polkadot. Since winning its Parachain auction in January 2022, Astar Network has become the top Parachain in the Polkadot environment in Total Value Locked and with most Ethereum assets moved over.
Astar Network is the leading clever contract center that connects the Polkadot ecosystem to Ethereum, Cosmos, and all major layer 1 blockchains.
Astar Network supports dApps using multiple virtual machines– particularly WASM and EVM– and uses the very best innovation options and financial rewards via its Build2Earn and Astar Incubation Program for Web3 designers to construct on top of a protected, scalable, and interoperable blockchain.
More from Astar Network
Astar Network connects the Polkadot ecosystem to Ethereum, Cosmos, and all major Layer 1 Blockchains. Astar Network supports dApps utilizing several virtual machines WASM and EVM and uses the best innovation and monetary rewards through Build2Earn and Astar Incubation Program.
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