What's an Omnichain collection and why did we decide to transition to one?
By leveraging
@LayerZero_Labs
cross-chain communication protocol,
@OmniX_NFT
ONFTs (Omnichain NFTs) will allow our holders to transfer their assets back and forth between a variety of different chains.
10
68
566
Replies
This is what makes a TRUE Omnichain collection. Only 1 Bull can exist at a time on any chain. Projects like
@KanpaiPandas
have been taking advantage of the perks of being omnichain for months. But what exactly are they?
1
0
13
1. LIQUIDITY
You're now free to "follow liquidity" in the market. Absurd volumes on Ethereum? Solana is behaving like Sam was never behind it? Just move your NFTs where and when you want.
1
0
12
2. PROTOCOLS & TOOLS
The tools available to trade, leverage and use your assets will expand to all supported chains. Additionally, this opens up potential partnerships for us to add utility and perks to the Bull Club ecosystem.
1
0
12
3. DISASTER-PROOF
Well...we are all too familiar with this one 🥲 . In case of a chain crash or other extreme events, the collection is safe and can be easily transferred to the other supported blockchains.
1
0
15
4. GAMIFICATION
You will see more of this soon enough. All ONFTs will have a Genesis trait that indicates the chain they were minted on. This opens up an infinite number of gamified events and cool things we can implement in the Bull Club ecosystem.
1
0
14
Overall, this move should hopefully get people excited considering all the opportunities that will open up. 🐂
Let's get it!
1
0
22
@TheBullClubNFT
@LayerZero_Labs
@OmniX_NFT
Welcome to the crosschain space !
In the end most of the Rektwolf collection volume is on Polygon and Ethereum, other EVM nft ecosystems have not really taken off yet. Soon?
0
0
2
0
0
5
