Harmony launches Bored Ape Yacht Club NFT Passport

On Friday, blockchain level Harmony — whose mainnet runs connected the Ethereum network, claiming to person two-second transaction finality and fees 1,000 times little than Ethereum — announced the motorboat of its Bored Ape Yacht Club Passport. The Passport enables users to import impervious of their apes into DeFi Kingdoms, a play-to-earn crippled built connected the Harmony blockchain with implicit 120,000 monthly progressive users. During its archetypal stages, Ape holders volition beryllium capable to validate and show their assets successful the crippled crossed aggregate blockchains erstwhile they link their MetaMask wallet to DeFi Kingdoms.

The infancy of cross-chain exertion means that funds could beryllium astatine hazard erstwhile bridging crossed chains, arsenic the biggest decentralized concern hack frankincense far this twelvemonth showed. However, arsenic stated by its developers, Harmony’s Passport does not determination assets; instead, it proves plus ownership crossed aggregate blockchains, guaranteeing their authenticity throughout. Its cross-chain bridge, Horizon, presently supports interoperability betwixt Harmony, Ethereum, BNB Chain and 3 different blockchains.

Leo Chen, a squad subordinate astatine Harmony, explained:

“We wanted to springiness each NFT holders much inferior and options to show their NFTs and enactment successful the Metaverse. Bored Ape Yacht Club holders are the archetypal choices. The cross-chain individuality creates a unafraid and casual mode to bash truthful without putting their assets astatine risk.”

In a akin gesture, past month, Twitter kicked disconnected its nonfungible token campaign, allowing its paid subscribers to amusement disconnected their NFT possessions arsenic illustration pictures. However, the method functionalities of the diagnostic are successful the investigating phase, with lone Ethereum-based NFTs eligible and nary enactment for cross-chain functionalities.