Metaversal is bankless newsletter Weekly level-ups for NFTs, virtual worlds and collectibles
Dear country without banks
Did you know that you can instantly create NFT collections supported by multiple blockchains?
One of the innovative platforms here is Holograph. It supports the creation of multi-chain NFT collections across Ethereum, Polygon, Avalanche and now BNB Chain.
Additionally, today Holograph also announced the Drops feature for its multi-chain Open Edition (OE) release.
Now let’s dive into the basics of Holograph and the details of today’s post’s first Drops project!
-WMP
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holographic is a multi-chain tool for web3 creativity, allowing creators to create, sell and bridge NFTs across multiple networks through a user-friendly no-code app.
The protocol maintains data integrity as collections move between networks and supports various chains such as Ethereum, Polygon, Avalanche, and now the BNB chain.
Traditional NFT bridging between two different chains has resulted in a new “wrapped” version of the NFT bridged in the receiving chain. The Holography team metaphorically likens this process to making copies of his NFTs.
Inspired by this lack of true cross-chain interoperability, and holography (a physical technique for recreating images using the reflection of light waves), the holography team is working on a new kind of NFT that maintains data integrity. created an NFT interoperability protocol. over the chain.
As such, NFTs created via Holograph can be easily moved between any chain supported by the protocol, and can be moved natively without creating new wrapped copy-like versions. In this way, Holograph breaks down the distinction between “Ethereum NFTs” and “BNB Chain NFTs”.
With true multi-chain NFTs enabled, Holograph can be created by artists or by traders on cost-effective chains like Polygon before bridging to more liquid networks like Ethereum. It opens up a variety of new use cases, such as projects that develop multi-chain markets that don’t require it. Native gas token for all supporting chains.
ever since Mainnet alpha launch In January 2023, Holograph facilitated the deployment of over 130,000 “holographic-enabled” NFT smart contracts.
The majority of these deployments were on Polygon (69,946) and Avalanche (61,963), but the newly integrated BNB chain (107) has already caught up with the number of Ethereum deployments (104).
In terms of transactions, Holograph has already processed 214,761 on Polygon and 194,941 on Avalanche, with BNB Chain and Ethereum currently a distant third and fourth.
If you are interested in creating a multi-chain NFT collection (currently supported JPG, PNG, GIF files), the holography steps are:
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go to app.holograph.xyz Confirm the prompted signing request and connect the wallet
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go to create In the tabs at the top of the website, Single NFT I press the button create collection
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Please enter Collection detailsname, symbol, usage rate, etc.
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on the next page Creating NFTsthen upload and fill in the information for each media you want to create in your collection — this process is done one by one for now
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press deployment When you’re ready to proceed, use the following UI to deploy your collection to a Holograph supported network. Note that to be able to bridge all collections you have to expand to each.You have to pay a deployment fee per chain
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Once deployed, the NFT is mint button!
If you’re interested in bridging an NFT from your Holograph-based collection to another chain, do the following:
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go to app.holograph.xyz Confirm the prompted signing request and connect the wallet
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please click bridge Tabs at the top of the website
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In the Bridging UI, enter the originating chain and receiving network (e.g. Ethereum to Polygon). Selection of NFTs Button to select the NFT you want to transfer
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press Continueafter that bridgethen confirm the bridge transaction in your wallet
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You can use. bridge explorer to the UI Check remittance status — Once confirmed, the NFT is bridged!
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Today, along with rolling out support for BNB chains, Holograph also announced its latest product, the Holograph Drop, a multi-chain open edition.
Open editions have been all the rage in the NFT ecosystem this year and with this offering, Holograph is paving the way for more and more multi-chains. To demonstrate this new feature, Holograph partnered with renowned street artist Dan Witz. the first drop, Most Pit 2000which costs the equivalent of US$45 per edition and runs for two days.
While this project is still in its infancy, Holograph’s innovative multi-chain approach is already paving the way for a more accessible and versatile future in the world of NFTs. Additionally, with steadily expanding support for more chains and the introduction of new products such as Holograph Drops, the project is opening up new use cases for his NFT ecosystem.
William M. Peester is a professional writer and creator of metaversal— Bankless newsletter focused on the emergence of NFTs in the crypto economy. Recently, we also provide content to Bankless, JPG, etc.
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It is not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. This newsletter is not tax advice. Please consult your accountant. Please do your own research.
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