NEXA
@nexa_network
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Enabling tokens to be native and compatible with multiple blockchains and bridges.
Joined June 2022
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Pinned Tweet
In crypto, we’ve seen billions lost to bridge exploits. Tokens shouldn’t be locked to one bridge.
That’s why we’re upgrading the Chain-Agnostic Token standard to be bridge-agnostic. Seamlessly integrated with
@axelarnetwork
,
@chainlink
CCIP,
@layerzero_labs
&
@wormholecrypto
. 🧵
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Join us next week as we discuss Misconceptions about Cross-Chain with our friends at
@lifiprotocol
, hosted by
@AltcoinSherpa
.
🔔 Set a reminder:
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The Chain-Agnostic Token (CAT) standard is now LIVE.
We've made it possible for tokens & NFTs to be native and compatible on multiple chains.
🌐 One token address across all chains
⚡️ Expand to multiple chains in minutes
Unlock the potential of chain-agnostic connectivity.
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Introducing the Chain-Agnostic Token (CAT) standard, where tokens & NFTs are native to multiple chains and fungible across chains.
Tokens & NFTs can now be seamlessly transferred and exist in a connected manner across all chains.
With Nexa, you can to deploy a CAT in minutes.
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2/ Chain-Agnostic Tokens are easily transferred between chains on the Nexa bridge, powered by
@wormholecrypto
's generic messaging.
When CATs are transferred, the tokens are burned on the source chain, and the same amount is minted on the destination chain.
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🎉 We’re thrilled to announce that
@Port3Network
will be utilising the Chain-Agnostic Token standard, paving the way for cross-chain interoperability.
Holders will seamlessly transfer tokens across Ethereum, Polygon, BNB Chain, Avalanche, Fantom, and more.
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With a unified token address across all blockchains, the CAT standard ensures easy identification for the Port3 & Soquest ecosystem.
Powered by Nexa’s cutting-edge technology,
@Port3Network
is set to add more blockchains at any time, ensuring compatibility with future networks.
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The Chain-Agnostic Token (CAT) standard, now available on testnet for
@Ethereum
,
@0xPolygon
,
@BNBCHAIN
,
@FantomFDN
,
@Avax
&
@Arbitrum
.
🔗 One token address across all chains
🌐 Seamless connectivity between chains
Powered by
@wormholecrypto
Try it out:
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Nexa will be an xNFT!
Nexa is giving away 10 invite codes over the next 5 days with
@xNFT_Backpack
x
@wao_gg
Rules are:
1⃣ Answer the question that drops each day.
2⃣Like, Retweet, and follow both
@nexa_network
and [
@xNFT_Backpack
]
Notifications ON!
WAO🔵
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Nexa x
@xNFT_Backpack
x
@wao_gg
Partnership D1:
Nexa works with 6 blockchains- what chains are those?
Be sure to:
1) Quote tweet the answer
2) Follow both
@nexa_network
as well as
@xNFT_Backpack
3) We will be DMing winners daily
Stay tuned for more questions!
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We're proud to announce that the Chain-Agnostic Token (CAT) standard is powered by
@wormholecrypto
.
Our latest mainnet launch utilizes Wormhole's core generic messaging layer to ensure the seamless transfers of CATs between blockchains.
Read more 👉
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$PEPE is an absolute powerhouse, congrats to all who were in it! Stay safe out there with all the memes...
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Chain-Agnostic Tokens (CATs) are native to multiple chains & exist in a connected manner, allowing them to move seamlessly between chains without wrapping.
How?
Let's explore the concept using a testnet CAT called $MEOW, which is deployed on Avalanche, Polygon, and BNB. 🧵
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The CAT standard is available for;
- New tokens
- Existing tokens
- New NFTs
- Existing NFTs
We’ve live on 7 chains today;
@ethereum
@BNBCHAIN
@0xPolygon
@avax
@FantomFDN
@Arbitrum
@OptimismFND
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Why have a Chain-Agnostic Token?
- Project tokens are not limited to one ecosystem & can migrate or expand to other chains at any time
- Seamless connectivity across chains, without the complexity of wrapping
- Easy transfers for users, gas fees are only needed on 1 chain
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{ *⃣ *⃣ *⃣ *⃣ *⃣ } = { xMint }
Introducing Nexa: The first decentralized cross-chain sale platform built with xMint technology.
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CAT is native to every chain as well...
😽
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@ethereum
@0xPolygon
@BNBCHAIN
@FantomFDN
@avax
@arbitrum
@wormholecrypto
Want to find out more?
Read our in-depth 🧵:
Introducing the Chain-Agnostic Token (CAT) standard, where tokens & NFTs are native to multiple chains and fungible across chains.
Tokens & NFTs can now be seamlessly transferred and exist in a connected manner across all chains.
With Nexa, you can to deploy a CAT in minutes.
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What is your favorite
#Crypto
Game? We want to hear more about why you like them and what chain(s) they are on!
There are many great games like
@AxieInfinity
@Stepnofficial
@splinterlands
We are going to give away $500 $USDC to 5 separate users ($100 each). Instructions below👇
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Congratulations to our partners at
@wormholecrypto
for working with
@SuiNetwork
and many others! Sui is a very hot and new ecosystem to watch for.
🤝 With Wormhole Connect, adding bridge functionality directly into any app’s UI is easier than ever before.
We’re happy to see so many
@SuiNetwork
teams bring great cross-chain UX to their users from day 1.
Keep an eye out as these teams go live in the coming days!
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Do you have a favorite xChain (cross-chain) project? We want to hear about it!
Join the conversation below, we’re going to be choosing 3 people to give away $100 each on $SOL $BSC and $ETH ($300 total).
Drop a comment 👇
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Nexa x
@xNFT_Backpack
x
@wao_gg
Partnership D5:
Question: Nexa is powered by xMint technology, what is xMint?
Be sure to:
1) Quote tweet the answer
2) Follow both
@nexa_network
as well as
@xNFT_Backpack
3) We will be DMing winners daily
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Nexa x
@xNFT_Backpack
x
@wao_gg
Partnership D2:
Where does
@jackshaftoes
work Head of Strategy?
Be sure to:
1) Quote tweet the answer
2) Follow both
@nexa_network
as well as
@xNFT_Backpack
3) We will be DMing winners daily
WAO
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Thank you for 1000 followers! We appreciate the support and are looking forward to showing you the future of cross-chain token sales!
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⏪ This wrap-up of our last 2 weeks at the
@jump_pit
will make you even more bullish on
@0xPolygon
.
1/ Starting off strong with a keynote from
@dtyagi
on Polygon:
- 65,000 tps & low gas fees
- partnerships with leading brands (Starbucks, Reddit)
- carbon neutral🌍
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Nexa x
@xNFT_Backpack
x
@wao_gg
Partnership D4:
What is an xNFT?
Be sure to:
1) Quote tweet the answer
2) Follow both
@nexa_network
as well as
@xNFT_Backpack
3) We will be DMing winners daily!
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5/ 🔔 Turn notifications on for...
Testnet Launch: May 2023
Mainnet Launch: June 2023
Want more? Read the full details here:
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Nexa x
@xNFT_Backpack
x
@wao_gg
Partnership D3:
Question: What chains will Backpack support?
Be sure to:
1) Quote tweet the answer
2) Follow both
@nexa_network
as well as
@xNFT_Backpack
3) We will be DMing winners daily
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🚨
@Port3Network
has adopted the Chain-Agnostic Token standard for their $PORT3 token, enabling effortless transfers across various chains.
Holders can move PORT3 seamlessly between Ethereum, Polygon, BNB Chain, Arbitrum, and Optimism, without the need for wrapping assets.
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4/ The CAT standard will be available for;
- New tokens
- Existing tokens
- New NFTs
- Existing NFTs
We’ll be launching on 6 chains first;
@Ethereum
@BNBCHAIN
@0xPolygon
@Avax
@Arbitrum
@OptimismFND
with
@Solana
,
@SuiNetwork
,
@Aptos_Network
to follow.
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We're excited to announce our partnership with
@HalbornSecurity
, industry leaders in Web3 security. We're working closely with Halborn to conduct comprehensive assessments of Nexa’s Chain-Agnostic Token contracts.
Stay tuned for the full report!
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3/ Why have a Chain-Agnostic Token?
✅ Project tokens are not limited to one ecosystem & can migrate or expand to other chains at any time
✅ Seamless connectivity across chains, without the complexity of wrapping
✅ Easy transfers for users, gas fees are only needed on 1 chain
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xMint is not the only 'x' thing in
#Crypto
. There are many others, including one of the hottest projects out there...more fun to come next week.
👀
WAO
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We had the great opportunity to present at xHack on The History of Token Sales. We reviewed many of the public fundraising methods seen through the history of
#crypto
.
We'll be giving you some segments of that presentation. Today, we review the ICO
@jump_pit
@wormholecrypto
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1) Retweet & like the first tweet and add a comment below for your favorite game and why
2) Follow
@nexa_network
and join to our mailing list:
We’ll be picking the best replies on Thursday!
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Very interesting news, the Layer 2 wars continue. Liquidity will continue to get more and more fragmented...
ICYMI: Kraken follows Coinbase’s lead with plans to launch Layer 2 network: report
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We’re at Web3 Gaming Week presented by
@jump_pit
&
@GoogleCloud_SG
!
Come chat to us if you want to enable your game token or NFT to be chain-agnostic! (DMs open)
#W3GW
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The future is xChain with Nexa.
Bring your token sale cross-chain in a limitless new way.
➡️
Follow us at
@nexa_network
for more.
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What's your favorite blockchain that you like to use regularly? What are the reasons?
$ETH $BSC $SOL Other (specify)
ETH
244
BSC
103
SOL
158
Other (Specify)
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Cross-chain technology has taken the crypto world by storm, enabling seamless interoperability and unlocking a world of new possibilities for decentralized finance.💥
Let us talk through the value that cross-chain brings & how Nexa helps with this cross-chain future
A thread 🧵
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What’s xMint? A new innovation that makes it possible to mint any asset across multiple blockchains simultaneously. Powered by
@wormholecrypto
.
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xMint powers Nexa’s xChain Token Sales (XTS), where projects can fundraise and launch their token on multiple blockchains at once. The first chains on Nexa will be
@ethereum
,
@avalancheavax
,
@BNBCHAIN
,
@FantomFDN
,
@0xPolygon
,and
@solana
.
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Congrats to our friends at
@XcademyOfficial
and
@wormholecrypto
!! Cross-chain is the future.
🤝 We're excited to be powering
@XcademyOfficial
's cross-chain expansion to
@BNBCHAIN
and help them tap into new markets.
Wormhole-bridged XCAD tokens will not appear as a wrapped version but as native XCAD on BNB Chain:
Learn more 👇
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What's your favorite
#Crypto
wallet?
@MetaMask
seems to have a stranglehold on the EVM chains.
@phantom
is very popular on the
#Solana
network.
The next iteration of crypto wallets will be multichain. We think something like
@xNFT_Backpack
could be interesting...👀
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What is the Chain-Agnostic Token (CAT) standard?
How is it different from other methods of enabling tokens to exist on multiple chains?
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👀 Sneak peak of our design.
We’re building the first xChain Token Sale platform, and we’re also passionate about creating a frictionless, elegant user experience.
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Join us for a chat with
@Altcoinsherpa
and
@Wormholecrypto
on the Cross-chain future!
We’ll be chatting about all things cross-chain and what this means for dApps in crypto!
Hosting a Twitter spaces tomorrow with
@thetinaverse
and
@RobinsonBurkey
We're gonna talk about the cross-chain future, tune in and learn more
@nexa_network
@wormholecrypto
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What's Next? { *⃣ *⃣ *⃣ *⃣ *⃣ }
*️⃣ *️⃣
*️⃣ *️⃣
*️⃣ *️⃣
*️⃣ *️⃣
*️⃣
*️⃣ *️⃣
*️⃣ *️⃣
*️⃣ *️⃣
*️⃣ *️⃣
1
2
15
Excellent post on some of the DeFi bridges and the tradeoffs.
Cross-chain is an ever growing sector in crypto and we are here for it.
𝐃𝐞𝐞𝐩 𝐃𝐢𝐯𝐞 𝐒𝐞𝐫𝐢𝐞𝐬 𝐨𝐧 𝐁𝐫𝐢𝐝𝐠𝐞𝐬 𝐈𝐈𝐈 (𝐓𝐡𝐞 𝐅𝐢𝐧𝐚𝐥 𝐏𝐚𝐫𝐭)
With
@arjunnchand
from LIFI we have explored these cross-chain bridges to analyze them by strengths and tradeoffs.
𝐓𝐇𝐎𝐑𝐂𝐡𝐚𝐢𝐧
@THORChain
𝑶𝒗𝒆𝒓𝒗𝒊𝒆𝒘
THORChain is a cross-chain…
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We've made it to xHack! It's an amazing environment with builders from all around the world.
@jump_pit
and
@wormholecrypto
has done an great job creating this experience.
Give us a shout if you're here and want to chat
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We're excited to do a spaces with
@PythNetwork
on October 5th, 2pm UTC! We'll be talking cross chain and Oracles, come and hang with us
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More and more projects are building on multiple chains, but current token sales are limited to a single chain. With XTS, once siloed tokens become chain agnostic. Projects can expand their communities across numerous blockchain ecosystems from day 1.
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Ever been confused about what ‘cross-chain’ really is?
We’ll be talking about it with
@AltcoinSherpa
and
@lifiprotocol
on Thursday.
👇 Join us!
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We’re proud that Nexa is available on
@BNBCHAIN
. Chain-Agnostic Tokens are now able to seamless transfer to and from BNB Chain, without wrapping.
Find out more:
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Our favourite quote from
@sandeepnailwal
on building in the bear market:
“You have to believe that the bear market is the best time to build… and if you don’t, you have to build anyway.”
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To participate:
1) Retweet & like the first tweet and add a comment below.
2) Follow
@nexa_network
and join to our mailing list:
3) We’ll be picking the best replies on Friday!
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{ *⃣ *⃣ *⃣ *⃣ *⃣ }
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Public sale platforms are limited to single chain launches, and can’t conduct simultaneous multi-chain launches. Centralized launchpads are also limited by custody requirements. There’s no platform that offers a truly decentralized, cross-chain solution, until now…
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Want to learn more about Solana & EVM?
Join us for our spaces next week with
@Neon_EVM
, hosted by
@AltcoinSherpa
!
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The Chain-Agnostic Token standard takes a different approach by eliminating the need for trust of a third party bridge.
A burn receipt must be confirmed by CAT before the equivalent mint can take place. This is a crucial safeguard to prevent infinite minting scenarios.
4/
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Interesting analysis from
@jump_
, this is a key piece of critical infrastructure
Security Stack-Up: How Bridges Compare
Bridges are a big target in terms of security, as they present a quadratic risk surface.
2022 has been a banner year for bridge exploits, with over $2 billion lost to hacks.
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We’ve also made it easier for people to contribute to token sales – simply connect your wallet from any chain and you’re ready to participate.
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The upgraded Chain-Agnostic Token standard is coming soon, and will support tokens & NFTs on EVM & non-EVM chains.
Upon launch, our updated code base will be open source.
Follow
@nexa_network
for updates.
Are you a builder? DM us or
@thetinaverse
.
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Why have 1, when you could have 2? Or 3? Or 4?
Or { *️⃣ *️⃣ *️⃣ *️⃣ *️⃣ } ?
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The Chain-Agnostic Token (CAT) standard is now live on
@Avax
! Enjoy seamless connectivity and easy expansion to multiple chains with CAT. Unlock the full potential of Avalanche's high throughput and low latency.
Find out more 👉
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Join us in 30 minutes with
@AltcoinSherpa
&
@Wormholecrypto
to discuss the future of token sales.
Find out how xChain Token Sales is going to change the game.
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Congrats to winners for an xNFT invite code!
@JimZ0711
@hung101880
Thus concludes our giveaway. Backpack is going to change the way that we interact with Crypto apps and really help the overall user experience for newcomers.
Very excited for Nexa to be be an xNFT!
WAO
Nexa x
@xNFT_Backpack
x
@wao_gg
Partnership D5:
Question: Nexa is powered by xMint technology, what is xMint?
Be sure to:
1) Quote tweet the answer
2) Follow both
@nexa_network
as well as
@xNFT_Backpack
3) We will be DMing winners daily
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1
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Join us on October 19th for a Twitter spaces with
@zkLink_Official
! Looking forward to seeing you all there.
See you at
#zkLinkInsights
Episode 5 with
@nexa_network
to uncover how Nexa enables cross-chain of tokens and NFTs, making them truly chain-agnostic.
🗓 Oct 19, 2PM UTC
📍 Set reminder:
🤩 Complete
#Galxe
tasks and earn points now:
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The Nexa team had the pleasure of spending time with the
@SwimProtocol
team at xHack in Chicago and we are sad to see this.
With that said, we know that the team is very talented and will find great new projects to work on going forward. Best of luck, Swim Protocol!
1/ After careful consideration, we regret to inform you that we will be shutting down Swim due to external factors as well as Swim’s internal trajectory and traction.
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The Nexa team is still in Chicago and enjoying xHack.
There's no better team building activity than rock climbing and we had a great time!
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Decentralization is needed now more than ever. Nexa will never have custody of user funds or project tokens; users interact directly with the smart contracts.
Everything is on chain and transparent for all users!
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Some of the advantages of launching on multiple chains:
-more users
-more activity on your app
-more liquidity
-not being tied to 1 chain in case that chain suffers ( $SOL)
-more token utility
This is the future
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The next part of the History of Token Sales is on the IDO!
IDO stands for Initial Dex (Decentralized Exchange) Offering. This is the next iteration of the public sale option for crypto projects.
$BTC was recovering in 2020 and entered consolidation.
#Altcoins
also bounced hard
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Great to see this, 1 big player is still standing. We had a great experience at
@jump_pit
and hope to see more events there in the future!
Given the rumors flying around, we want to debunk a few things.
Jump Crypto is not shutting down. We believe we’re one of the most well-capitalized and liquid firms in crypto.
We are still actively investing and trading, so if you’re looking for funding, please get in touch.
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Thank you to
@HalbornSecurity
for the excellent audit experience!
📢 We are excited to announce that we have successfully completed our smart contract
#security
assessment for
@nexa_network
🔒
📎 Full report available:
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