NFT Bridges Joins Chainlink BUILD!

Author

Rachel
May 09, 2024

We are excited to announce that NFT Bridges has joined the Chainlink BUILD program! This strategic partnership will accelerate the growth and adoption of cross-chain NFT use cases and expand NFT liquidity. Additionally, NFT Bridges with access to Chainlink's industry-leading oracle services and technical support.

The Teleport token plays a crucial role in decentralizing the NFT Bridges network and catalyzing community empowerment. By staking Teleport tokens, users can participate in a specialized liquidity pool, allowing NFT holders to secure loans using their NFTs as collateral.

Through this integration, NFT Bridges aims to make NFTs more liquid and interoperable by enabling seamless transfers across blockchains. We envision a future where cross-chain NFTs become a universal standard, allowing for easy transferability and tradeability across any chain.

As part of the Chainlink BUILD program, NFT Bridges will benefit from Chainlink's secure oracle infrastructure, including access to Chainlink CCIP, Price Feeds, VRF, and Functions. In exchange, NFT Bridges will make 6% of its Teleport native token supply available to Chainlink service providers, fostering mutual support between both communities.

The introduction of the Teleport token will significantly accelerate the adoption and usage of NFT Bridges, driving both growth and decentralization. We are confident that with the support of Chainlink's decentralized computing platform and vibrant community, we can accelerate awareness of cross-chain NFTs and realize the adoption of a highly liquid, blockchain-abstracted NFT ecosystem.

Join us on this exciting journey! To learn more about NFT Bridges and get involved in our community, we invite you to join our Discord channel. Ask questions, engage with fellow NFT enthusiasts, and stay updated on the latest developments in the world of cross-chain NFTs.

Best regards,

The NFT Bridges Team