MOVE Network Partners with OpenSwap
OpenSwap Bridge Troll NFTs to be Offered on MOVE Marketplace
MOVE Network is pleased to announce its strategic partnership with OpenSwap — the world’s first DEX that provides on-chain swaps at zero slipperage. MOVE Network’s kickstart collaboration with OpenSwap is to offer OpenSwap’s Bridge Troll NFTs on its MOVE Network Marketplace in February this year.
The OpenSwap Bridge Troll NFTs allow users to become node validators for OpenSwap’s single-asset crosschain bridge. There will be a series of NFT drop co-marketing campaigns for both Bridge Troll NFT hodlers and MOVE Network community members coming soon.
Further to the listing of Bridge Trolls NFT, MOVE Network and OpenSwap are also planning on running a series of co-marketing activities involving periodic and unannounced NFT airdrops for Bridge Troll NFT holders.
“The NFT industry is constantly growing, and positive developments are happening. We are happy to have strategic partnerships with top-tier projects like OpenSwap because we believe NFTs with real utilities are rare and hard to come by.” — Edwin Lun, Group CEO of MOVE Network
What are Bridge Troll NFTs?
At the core of OpenSwap’s single-asset crosschain bridge is the concept of ‘Bridge Trolls’ (node validators). Bridge Trolls perform the tasks of monitoring the protocol for transaction requests, verifying and signing transactions to carry out the withdrawal of funds on different blockchains, and in doing so, be rewarded with a portion of the transaction fees for carrying out the crosschain activities.
To become a Bridge Troll, it would require one to have a specific Bridge Troll NFT in their operator address to run a Bridge Troll node. To earn these Bridge Troll NFTs, community members will need to enroll in the OpenSwap Troll Camp, a safe and fun portal where community members can stake $OSWAP to become potential future Bridge Trolls. And depending on the amount of OSWAP tokens staked, community members will be categorized in 1 of 3 Bridge Troll tiers; the more $OSWAP staked, the higher the Troll tier you will be in.
“2022 will be an important year as NFT and DeFi matures. We are poised to live in a multi-chain world in which NFT Aggregators such as MOVE Network will play an essential role in providing the guiding light for users to navigate their NFTs across different chains. OpenSwap is looking forward to collaborating with MOVE to reduce the friction in moving these assets across chains.”
— Bruce Chau, Founder of OpenSwap.
About OpenSwap
OpenSwap is the world’s first DEX providing on-chain swaps at zero slippage and multi-chain arbitrage opportunities. As the DeFi universe continues to expand, liquidity becomes increasingly scattered across multiple chains and the situation is poised to get worse as new chains emerge with individual DEXs on each chain. The OpenSwap team has been working for the past several months on building up a vision of a comprehensive one-stop DeFi hub that offers the best on-chain pricing, multi-chain arbitrage, and zero slippage, allowing users to experience revolutionary benefits through optimizing their trades through unique features such as Liquidity Queues, Hybrid Smart Router, and Open Interchain Protocol.
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About MOVE Network
MOVE Network is a leading NFT aggregator covering a wide spectrum of NFT products. MOVE Network allows enterprises and start-ups to integrate blockchain technologies to enhance their existing businesses. Users can utilize MOVE Network to own and trade NFT across a variety of sectors including entertainment, music, artwork, and esports. MOVE Network is a thought leader in the NFT industry. With its recent partnerships, MOVE Network is going global.
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