At the beginning of 2022, we shared a mission statement with a vision of growth - for our tools, community, services, and global presence. We’ve been working hard to that end, opening new offices in Europe, setting plans in motion to hire 100 Foundation developers and continuing to upgrade the beating heart of VeChainThor with revolutionary technologies such as POA2.0.
On the 24th of February, 2022, we announced the successful grant application of specialist NFT cross-chain bridge builders, XP.NETWORK. After much hard work by the XP.NETWORK team, we’re pleased to share that XP.NETWORK’s NFT bridge has officially gone live on mainnet, opening up VeChainThor’s vibrant NFT community to new blockchains and communities!
An Interoperable Future
We’ve seen the developer community flourish and community-led projects grow rapidly over the past year. It’s something we’ve been absolutely thrilled to witness.
With the NFT bridge built by XP.NETWORK, the VeChainThor community can now take their talents to new communities, attract new projects to the network and show the world the versatility and power of VeChainThor!
We are extremely excited to see the launch of XP.NETWORK’s bridge and watch how it helps foster growth for the VeFam.
Crossing The Bridge
For NFT projects and users looking to make use of XP.NETWORK’s bridging service, we’ve included their official documentation below to guide you through the process.
The URL of the bridge is: https://bridge.xp.network/
Guidance on the UI of the bridge can be found on XP.NETWORK’s YouTube channel: https://www.youtube.com/watch?v=CTxtFnABUrg
XP.NETWORK’s documentation can be found here: https://docs.xp.network/docs/Multibridge2.0/introduction
For further questions or assistance, please check out XP.NETWORK’s Telegram channel, found here: https://t.me/XP_network
With XP.NETWORK’s bridge now live, we hope the VeChain Community will make great use and maximize the potential of their projects among the wider NFT space. We thank XP.NETWORK for their hard work in helping us build VeChainThor’s first cross-chain NFT solution.
Onwards and upwards, VeFam!
XP.NETWORK is creating the solutions to turn the growing NFT market into an accessible and easy-to-use place. One of our most notable tools is the XP.NETWORK’s bridge — The first chain-agnostic bridge built especially to let NFTs and funds flow freely between networks and wallets while avoiding complications like currency differences and token standards. The bridge is already integrated by over a dozen blockchains like Tron, Elrond and Polygon, several NFT platforms like Opulous and EXA finance, connecting more and more prominent ecosystems and projects, and opening doors to new markets for the entire NFT community.
Launched in 2015 as a private consortium network, the VeChain Foundation went on to launch the VeChainThor public blockchain in 2018, a fully programmable, EVM-compatible layer one smart contract platform.
Its unique two-token model ensures stable, low transaction costs while an advanced Proof-of-Authority (PoA) consensus mechanism guarantees high throughput, scalability, and security with minimal energy consumption. VeChainThor’s robust architecture has seen zero downtime for the network after almost 4 years of continuous operation.
Strong independent capabilities combined with the professional compliance guidance of strategic partners PwC and DNV has seen VeChain to establish partnerships with leading enterprises including Walmart China, Bayer China, BMW Group, BYD Auto, PICC, H&M Group, Shanghai Gas, LVMH, D.I.G, ASI Group and more.
VeChain continues to pioneer real-world blockchain applications across the globe with offices in Luxembourg, China, Singapore, San Marino, Milan, Ireland, Japan, France and the United States, working on wide-ranging applications from supply chain & logistics, sustainability & SDGs, carbon emissions, energy, medicine, De-Fi, NFTs and much more.