MIAMI, November 23, 2021--(BUSINESS WIRE)--Worldwide Asset eXchange (WAX) is thrilled to announce the launch of a GameFi project, ‘Blockchain Brawlers’, that allows users to transfer NFTs used in the game interchangeably between Binance Smart Chain and WAX blockchain through the NFT bridge developed by WAX.
The NFT collection of ‘Blockchain Brawlers’ will be auctioned on Binance NFT Marketplace for the first time on November 30, 2021.
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 dApp that enables cross-chain ecosystem for NFTs.
The first batch of ‘Blockchain Brawlers’ NFTs, called ‘Founder’s Edition’, consist of 100 NFTs that come in 4 different editions: Standard, Hardcore, Cage Match and Death Match. Each of these 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 NFT marketplaces regardless of which chain the NFT is originated on. The NFT bridge is projected to go live in the second quarter of 2022.