TriumphX Begins Development of SOLE-X 2.0, an NFT Marketplace based on Polkadot Mainnet
TriumphX, a cross-chain based decentralized NFT platform developer, has begun the development of cross-chain NFT marketplace SOLE-X 2.0 mainnet based on Parachain of Polkadot.
This announcement is followed by TriumphX’s previous press release on its plan to launch SOLE-X 1.0 in March. This version of SOLE-X reflects the foundation’s belief that a single chain-based & closed NFT marketplace will eventually connect all the blockchains.
Polkadot is a next generation cross-chain that connects numerous blockchains into one system. Polkdot’s strengths are: scalability, customization, multi-blockchain interoperability, and autonomy. Created by the co-founder of Ethereum Gavin Wood, Polkadot’s DOT token received enormous attention and was recently ranked no. 4 in market cap.
Impressed by the cross-chain scalability of Polkdot, TriumphX has begun its development of SOLE-X 2.0 mainnet based on Parachain. Parachain’s parallel connection to the Polkadot network makes it possible for the user to design own architecture. Such independence has created a surge of interest on Polkdot. Compared to the Klaytn-based SOLE-X 1.0, the Parachain-based SOLE-X 2.0 will be launched as a platform with enhanced features such as scalability and security.
An official of TriumphX said, “While the launch of SOLE-X 1.0 is imminent, we have begun the development of mainnet for SOLE-X 2.0 because the mainnet development requires ample time and know-how. We are thoroughly preparing for any problems that may arise while operating SOLE-X 1.0 and aim to address them with SOLE-X 2.0.”