Cosmos Launches Game of NFTS to Test Cross-Chain NFT Technology
It is reported that Cosmos launched the fourth public incentive test network activity Game of NFTS (GoN), and the first phase has been opened for registration….
It is reported that Cosmos launched the fourth public incentive test network activity Game of NFTS (GoN), and the first phase has been opened for registration. GoN is a two-stage cross-chain activity. It thoroughly tests the underlying technology of cross-chain NFT (ICS-721) through the incentive test network (the first stage), and builds an innovative and open DApp based on it through the hacker marathon (the second stage). The winner of the first stage will get 20000 ATOMs. In the second phase, the Interchain Hackathon hacker marathon will be held. At that time, more cross-chain development teams and AWS, HashKey Capital and IDG Capital will participate.
Game of NFTS, the fourth public incentive test network activity of Cosmos, has been launched
Interpretation of the news:
Cosmos has recently launched Game of NFTS (GoN), the fourth public incentive test network activity, which focuses on testing the underlying technology of cross-chain NFT (ICS-721). The activity is divided into two stages, the first of which has already been opened for registration.
In the first stage, participants will be given access to the incentive test network, where they will thoroughly test the underlying technology of cross-chain NFT. The goal of this stage is to build an innovative and open DApp based on the technology being tested. The winner of this stage will receive a prize of 20,000 ATOMs.
The second stage of GoN will feature the Interchain Hackathon hacker marathon, where more cross-chain development teams, AWS, HashKey Capital, and IDG Capital will participate. In the hacker marathon, participants will use the NFT technology they have tested and build a DApp that showcases its full potential.
By launching GoN, Cosmos aims to thoroughly test the underlying technology of cross-chain NFT and build an innovative and open DApp based on it. The prize of 20,000 ATOMs and the participation of industry giants like AWS, HashKey Capital, and IDG Capital demonstrate the importance of cross-chain NFT technology and its potential to revolutionize the way we think and use blockchain.
One of the main advantages of cross-chain NFT technology is the ability to transfer NFTs across different blockchain networks. Currently, NFTs are limited to their respective blockchains, making it difficult to use them across different platforms. With cross-chain NFT technology, this limitation can be overcome, making NFTs more versatile and valuable.
In conclusion, GoN is a significant step forward for Cosmos and the blockchain industry as a whole. It will not only test the underlying technology of cross-chain NFT, but it will also showcase its potential to revolutionize the industry. With the participation of industry giants and the impressive prize money, we can expect to see some exciting developments in this field.
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