Aura Network Launches Main Network to Promote Large-Scale Adoption of NFT in the Cosmos Ecosystem
On February 22, it was reported that the main network of Cosmos ecological NFT blockchain Aura Network, The Xstaxy, will be officially launched at 21:00 on Mar…
On February 22, it was reported that the main network of Cosmos ecological NFT blockchain Aura Network, The Xstaxy, will be officially launched at 21:00 on March 20, after more than 15 months of continuous development, stable testing and product optimization. With the activation of the main network, Aura Network positioned itself as the first licensed smart contract layer-1 chain, promoting the large-scale adoption of NFT in the Cosmos ecosystem.
The Xstaxy, the main network of Aura Network, will be officially launched at 21:00 on March 20
Interpretation of the news:
The Aura Network, a Cosmos ecological NFT blockchain, has announced the official launch of its main network, The Xstaxy, on March 20. After 15 months of continuous development, stable testing, and product optimization, Aura Network is positioning itself as the first licensed smart contract layer-1 chain, paving the way for the large-scale adoption of NFT in the Cosmos ecosystem.
NFTs, or non-fungible tokens, are unique digital assets that are managed on a blockchain. They have gained popularity in recent years, especially in the art world, where they allow artists to sell and authenticate their digital artworks. However, NFTs have many other use cases, from gaming to virtual real estate to collectibles.
Aura Network aims to provide a reliable infrastructure for NFTs in the Cosmos ecosystem, which is a network of interconnected blockchains. By launching the main network, Aura Network is taking a key step toward establishing its position as a leading provider of blockchain solutions for NFTs.
One of the advantages of Aura Network’s main network is its license as a smart contract layer-1 chain. This means that it can process transactions and execute smart contracts without relying on any other blockchain. This makes Aura Network faster and more efficient than other NFT blockchains that depend on other chains.
In addition, Aura Network is designed to be developer-friendly, with a modular architecture that allows developers to build custom NFT applications. This could lead to a proliferation of NFT use cases and further drive the adoption of NFTs in the Cosmos ecosystem.
Overall, the launch of Aura Network’s main network is a significant development for the NFT industry and the Cosmos ecosystem. It demonstrates the growing importance of NFTs as a new asset class and the potential for blockchain solutions to create new markets and opportunities for creators.
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