Celer Network, a multi-chain gadget, has just introduced a brand new collaboration with the Flow blockchain. The partnership will now enable any virtual property and NFT bridging to all 20+ chains connected to Celer cBridge, developing seamless multi-chain interoperability.
In the primary segment, Celer cBridge will strengthen bridging for tasks issuing tokens on Flow, which can enhance the Flow DeFi ecosystem by providing access to a broader target market in chains. In addition, many blue-chip Crypto properties can be backed through Celer, which come with WETH, WBTC, and USDT, allowing them to inject into the Flow blockchain.
Dapper Labs is one of the pivotal largest companies on Flow. They are the founders of NBA Topshot, CryptoKitties and NFL All Day. Their Head of Financial Products, Matthieu Jobbé-Duval, is enthusiastic about the collaboration. “As the token ecosystem on Flow expands rapidly, the implementation of Celer cBridge enables dApps to bridge their token on multiple chains simultaneously, maximizing their reach.”
Going beyond the primary segment, Celer will strengthen NFT bridging to increase Flow-issued NFTs, much like the aforementioned NBA Topshot. Just as neat as allowing clients to supply various NFTs from outside the Flow ecosystem.
In addition, Celer can be run with RCRDSHP, a virtual track trading collectibles platform. Also Cheese Inc., a photography-focused NFT company that uses NFT photo galleries to deliver iconic collections for collections. These two tasks would be the first to check the bridging of their protocols between Flow and the more than 20 different blockchains.
Celer is a multi-chain gadget that allows for a lot of common sense, liquidity and states. Normally, these are separated by other chains, to stay in touch with each other and allow seamless inter-chain composition for dApp builders and tasks. In addition, through its asset bridge, cBridge, it enables fast, easy and secure off-chain transactions. Not only for cost transactions, but also for generalized off-chain smart contracts.
For additional details about Celer and what they do, check out their website.