7Pixels Partners with Router Protocol to Enable Seamless Asset Transfer Between Blockchains
7Pixels Partners with Router Protocol to Enable Seamless Asset Transfer Between Blockchains
7Pixels has entered into a strategic partnership with Router Protocol to provide cross-chain NFT transfer and exchange functionality to its customers.
7Pixels is proud to announce a strategic partnership with Router Protocol, an infrastructure layer that facilitates communication between different blockchains. With this partnership, 7Pixels has gotten closer to its objective of democratizing the NFT market and further augmenting the customer experience in its NFT marketplace.
Why 7Pixels Partnered with Router Protocol?
7Pixels aims to promote democratic and mass participation in the NFT market and enable fair price discovery of non-fungible tokens.
With a customer-centric approach and inclusiveness as the foundational pillars, it has developed a unique system, which, apart from buyers and sellers, allows endorsers to play a crucial role in executing balanced NFT trades in primary and secondary markets. Endorsers promote and stake in favor of their preferred NFTs to earn staking rewards, thereby creating greater liquidity and promoting fair price discovery.
Router Protocol currently supports cross-chain transfers and exchanges for EVM compatible blockchain networks such as Ethereum, Polygon, Arbitrum, Fantom, Harmony, Binance Smart Chain, Terra, Avalanche, Optimism, Moonbeam. In addition, the team has planned the integration of non-EVM networks like Cosmos, Elrond, Polkadot, Near, and Algorand soon.
With Router Protocol, 7Pixels will be able to facilitate seamless transfers of NFTs and DeFi tokens across various blockchain networks. The same will impart greater flexibility to users in managing their tokenized assets and crypto tokens. For 7Pixels, this is an opportunity to strengthen its position as one of the most customer-centric NFT marketplaces.
Jaspal Singh, the founder, and CEO of 7Pixels said, “The NFT market is still in its nascent stages, and there is tremendous scope for improvement in how this market operates. Our objective with 7Pixels is to make this market more efficient and rewarding for both NFT creators and investors”.
Ramani Ramachandran, the founder, and CEO of Router Protocol said, “Providing interoperability between blockchains is a great value addition to the NFT space and in line with the ethos of Web 3.0. It will further decentralize this space and help in augmenting a positive experience for users”.
About 7Pixels
7Pixels is an NFT marketplace that seeks to foster democratic, inclusive, and fair NFT market practices. One of the key methods which will help this vision see the daylight of reality is the facilitation of endorsements. Endorsers can promote and stake their crypto holdings on their choicest NFTs to increase their visibility to investors and, thus, induce fair price discovery.
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About Router Protocol
Router Protocol is an infrastructure layer for crypto fund transfers and asset swaps across different blockchains. It also enables the development of Dapps that supports features such as cross-chain lending and governance.
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