WAX announced the launch of its GameFi project, Blockchain Brawlers, which enables users to transfer NFTs in-game interchangeably between Binance Smart Chain and WAX blockchain through the NFT bridge developed by WAX. The first NFT collection of Blockchain Brawlers was auctioned on Binance NFT Marketplace on November 30th. Being able to transfer NFTs used in-game to other blockchains through bridges will bring the GameFi industry to the next level. With the free transfers of NFTs, the global mass adoption rate of gaming NFTs will increase.
“The NFT bridge built by WAX can build a future we envision, in which blockchain and NFT marketplaces are accessible to everyone regardless of the chain types,” said William Quigley, Co-Founder of WAX.
Binance Smart Chain (BSC) is the first blockchain to be connected with WAX, and Blockchain Brawlers will be the first gaming decentralized application that enables a cross-chain ecosystem for NFTs. The first batch of Blockchain Brawlers NFTs, called “Founder’s Edition,” consists of 100 NFTs that come in four different editions: Standard, Hardcore, Cage Match, and Death Match. Each Brawler NFT will play an integral role in the upcoming Blockchain Brawlers play-to-earn game where they will fight for fortune and fame.
In the first phase of the upcoming NFT bridge by WAX and BSC, users will be able to use their WAX Cloud Wallet account to view NFTs that they own on BSC. This NFT bridge will facilitate the transfer of selected BSC NFTs to the WAX blockchain, including Blockchain Brawlers purchased on the Binance NFT Marketplace. The NFT assets will then appear in users’ NFT inventories on the WAX blockchain. In the second phase, this bridge will provide access to a much larger universe of NFTs on both WAX and Binance NFT. Users will then be able to buy and sell NFTs on both WAX and BSC-based marketplaces regardless of which chain the token originated on. The NFT bridge is projected to go live in the second quarter of 2022.
Following the Binance NFT auctions, there will be additional NFTs from the game auctioned at a later date on WAX.
(All information was provided by Bitcoin News)
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