PaintSwap’s Cross-Chain Expansion: Bridging New Horizons with KAVA
Today marks a landmark moment in the evolution of the PaintSwap platform as we take our first steps on an exciting cross-chain journey. We are thrilled to announce that for the first time ever, PaintSwap will be expanding its operations from Fantom to its first external blockchain — KAVA.
This strategic expansion will allow us to provide our high-quality fNFT platform services to an even wider audience. Our aim has always been to support and partner with extraordinary teams and technologies in the crypto space, and our partnership with KAVA is no different.
Bridging the Gap with KAVA and Equilibre
The rationale behind choosing KAVA as our first-ever chain away from Fantom lies in our support for the remarkable Equilibre team and their Solidly based platform. The Equilibre team has consistently demonstrated their commitment to creating reliable and user-friendly blockchain solutions, aligning perfectly with our own dedication to innovation and excellence.
We believe that this cross-chain integration will be a catalyst for creating more robust opportunities for fNFT enthusiasts and investors.
Maintaining Our Commitment to the PaintSwap Community
Despite this significant change in our platform, our commitment to the PaintSwap community remains steadfast, as does our home on Fantom. BRUSH, our native token, will continue to only exist on Fantom. The fees generated from the PaintSwap platform on other networks will continue to be used to burn BRUSH tokens on Fantom.
Furthermore, we have not forgotten our cherished Beardies & Colorful Coal holders. As part of our expansion, they will still continue to receive their distributions from KAVA fees and any other networks we expand to, thereby honouring our promise to deliver value to all our holders.
Charting New Territories in the Future of NFTs
This pioneering move to KAVA is merely the beginning of our journey to explore the vast landscape of the blockchain world. The cross-chain expansion promises to be an incredible step forward, enhancing PaintSwap’s future capabilities and horizons.
We invite our community to join us as we continue to push the boundaries of what is possible in the NFT and crypto space. Together, we will ensure that PaintSwap remains at the forefront of the revolution, pioneering new pathways and opportunities.
As we embark on this cross-chain adventure, we extend our gratitude to our community for your continued support. We look forward to welcoming you into this new era of PaintSwap, and to creating a vibrant, interconnected, and innovative NFT future.
Securing the Future with veVARA
In our pursuit to build a robust platform and ensure continued development, we have been fortunate to receive support in various forms. One such source of support has been the Equilibre team, who have generously granted us a veVARA NFT.
Securing this veVARA extends our team’s runway, ensuring that we can focus on development, innovation, and user satisfaction without worrying about immediate financial constraints. This move allows us to focus on long-term strategic goals and develop innovative solutions to the challenges facing the NFT and cryptocurrency communities.
The Equilibre team’s contribution underscores our shared vision for a vibrant and inclusive future in the world of NFTs and blockchain. It bolsters our ability to navigate the journey ahead, and we are deeply grateful for their vote of confidence in PaintSwap’s mission and potential.
Stay tuned for more updates on this exciting journey.
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