Cros Partners With XP.NETWORK To Bolster Cross-chain Collaborations
Cros has announced its partnership with XP.NETWORK, the world’s most powerful multi-chain NFT bridge capable of sending NFTs across different blockchains. XP.NETWORK provides out-of-the-box multichain support for minted NFTs, allowing NFTs to flow freely across networks.
One of the unique challenges with cross-organizational collaboration across blockchain networks is the protocols and technicalities involved to facilitate the seamless and affordable transfer of assets or data between multiple blockchain systems. To address this challenge and make it possible to deploy Blockchain bridges to enable cross-organizational collaboration across multiple chains, Cros has partnered with XP.NETWORK.
A Strategic Bond to Enhance the Future Advertising In the Metaverse
This strategic alliance will bolster the vision of Cros; to leverage blockchain technology to revolutionize the advertisement industry. XP.NETWORK was founded on the premise that the future of NFTs is chain-agnostic, they are also big on renting NFTs for advertising to earn passive income, aligning with Cros’ vision of building the next generation advertising products in the metaverse.
XP.NETWORK’s CEO and Co-Founder, NIr Blumberger, remarked, “We are the visionaries of the NFT world, our solutions help create a global NFT market. We tear down walls between blockchains so that you can enjoy a unified, interconnected future.”
A cross-collaborative platform like Cros is built to ease the commerce between the various players and participants across different game ecosystems through built-for-metaverse advertisement platforms, guilds, auctions schemes and other services. This partnership with XP.NETWORK will help to achieve this objective.
The Impact Of This Partnership
As part of its plans to develop layer 2 scaling solutions and interoperability across other blockchain networks, Cros and XP.NETWORK will work together to make significant contributions to the new internet and the development of the broader metaverse economy. In its effort to set the pace for the mainstream adoption of the metaverse, this partnership signifies that Cros has made great strides.
“We’re thrilled to enter into a partnership with XP.NETWORK, and this partnership is an exciting step for us in enabling the standardizing Advertising NFTs and powering the consumer economy across metaverses,” said Ajay Bhandari, Co-Founder of Cros.
Benefits Of Cross-chain collaboration of Cros Ad Asset NFTs
As mentioned above, this partnership will enable our ad asset NFTs to flow across chains and other blockchain networks. The impact of this is monumental, as interoperability is becoming a key component in the industry, it facilitates higher connectivity and ease in transferring assets across multiple blockchain networks. Here are some reasons why it is beneficial for Cros NFTs (Ad assets) to flow across chains or to the sharing and access of data between two networks.;
- It will reduce gas costs with increased transaction speeds or throughput.
- Publishers and advertisers will be able to interact freely with their ad assets , facilitating a high user experience in the process.
- The Cross-chain functionality of Cros Ad asset NFT enhances the tamper-proof nature of the ad assets, ensuring credibility and instilling trust in users.
- It will also allow the Cros Ad platform to work seamlessly on any device without any performance issues.
- The Cross-chain functionality of Cros Ad asset NFT will enable it to be supported across different metaverse platforms, increasing its relevance in powering the metaverse economy.
A Door To Other Partnerships
As it deliberately paves the door for interoperability across blockchains, this partnership is a crucial step toward realizing Cros’ mission. In the process, it will provide Cros with a steady stream of opportunities to collaborate with numerous projects that span different metaverse platforms.
About Cros
CROS is an advertising platform and protocol connecting metaverses with advertisers using blockchain smart contracts. CROS enables Metaverses to power Advertising and eCommerce. Connecting Metaverses with advertisers and users in an intuitive and decentralized process. Standardizing Advertising NFTs and powering immersive consumer economy across metaverses. Enabling Everyone to earn from advertising and unlocking new heights for the play and earn economy. For any questions, please feel free to reach out to us on:
Website: https://cros.network
Telegram: https://t.me/CrosOfficialANN
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Twitter: https://twitter.com/Cros_Network
Medium: https://medium.com/cros-network
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