Pudgy Penguins launches cross-chain transactions for Polygon, BNB Chain, Arbitrum

Pudgy Penguins announced that it is utilizing Layer-0 to let cross-chain transactions connected adding Polygon (MATIC), BNB Smart Chain, and Arbitrum (ARBI) to amended entree for radical beyond the Ethereum (ETH) blockchain.

The determination was made to summation casual entree to the NFTs and amended the existing infrastructure, according to the announcement. In addition, the task aims astatine higher interoperability crossed chains and protocols built connected them. The announcement states:

“This is conscionable the commencement of our efforts to grow and administer the scope of Pudgy Penguins IP, and we’ll ever beryllium looking for caller ways to bash this. By expanding our horizons to much blockchains, we unfastened up possibilities of moving with assorted businesses that enactment connected those chains.”

Ease of entree and capacity

In the past week of December 2022, the transaction measurement of Pudgy Penguins surged by 599%. Currently, the penguins acquisition astir 2 cardinal transactions a day, which is hard connected the ETH infrastructure and pushes  state fees up by astir 1,000%.

The task squad besides said they expect the adjacent question of users to beryllium “hundreds of millions.” This is wherefore the task decided to beforehand easiness of access.

The 3 chains were selected “due to their rapidly increasing usage and exposure.” After the enlargement to Polygon, BNB Chain, and Arbitrum is completed, the task volition proceed to see much chains into its ecosystem.

Soulbound token

The task squad is besides launching soulbound tokens to assistance facilitate cross-chain transactions. A full of 3 soulbound tokens volition beryllium issued to Pudgy Penguin NFT holders, each corresponding to 1 chain.

Depending connected the concatenation the penguin holders span to, a unsocial commemorative soulbound token representing the span volition look successful the user’s wallets wrong 5 minutes.

The station Pudgy Penguins launches cross-chain transactions for Polygon, BNB Chain, Arbitrum appeared archetypal connected CryptoSlate.