IO Global and Bondly have announced the creation of an Ethereum-Cardano bridge that allows NFT producers to move their NFTs from the Ethereum network to the Cardano blockchain.
- The new official bridge is set to be completed in early 2020. The core benefits of the bridge include providing an eco-friendly solution, price stability for transaction costs, and fast transactions.
- IO Global and Bondly will create a unique series of eco-friendly NFTs to recognize the launch of smart contracts on Cardano.
- Harry Lie, CEO of IO Global and Bondly stated that the cross-chain NFT Bridge between Ethereum and Cardano is a key element in the transition from legacy blockchain technology to 3rd-gen. networks.
- Lie further stated that they will continue to play a key role in building the infrastructure that will springboard the next phase of NFT evolution.
IO Global and Bondly will bring all authorized digital-first commodities to the entire blockchain ecosystem to market in music, gaming, collectibles, and entertainment.
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Source: Bondlyan