With the launch of the Mantleplace fast approaching, there have been several key developments in recent weeks, from the MNTL token’s launch on multiple centralized exchanges, including Coinsbit & Lbank, to crucial development upgrades. Recently the Mantle team has secured a partnership with the best-in-class cross-chain infrastructure provider, Axelar network.
“Axelar delivers secure cross-chain communication for Web3. Our infrastructure enables dApp users to interact with any asset or application, on any chain, with one click.” –https://axelar.network
Our partnership with Axelar includes the following:
1. IBC Setup for interchain communication across the AssetMantle chain and the Axelar Network
Interchain communication will allow users to pass assets (and eventually messages, with General Message Passing) through the IBC connection. AssetMantle and Axelar-connected chains can now interact seamlessly with each other, increasing the capital flow and utility through each chain.
2. Cross-chain messaging
Cross-chain messaging provides increased utility for AssetMantle assets outside of the Cosmos ecosystem.
3. ERC-20 stablecoin bridging
Facilitating the movement of stablecoins and other non-native assets from a growing number of ecosystems onto the AssetMantle chain will increase our chain’s liquidity and overall stability.
4. AsGuard Validator contributing to testnet and mainnet
AssetMantle’s validator AsGuard will provide top-quality infrastructure support to the Axelar testnet.
5. AssetMantle integrated into Satellite
Satellite is a web-based application that enables users to transfer assets across chains through an intuitive UI easily. You can read more about the details of Satellite in Axelar’s blog post here. This same functionality can be baked into the front end of AssetMantle applications, allowing seamless one-click user experiences.
In addition, Axelar has also integrated AssetMantle into several utilities, including their block explorer Axelarscan, which provides complete transparency, in real-time, about the assets and messages transferred to/from AssetMantle.
As you can see, the mutual support facilitated through the AssetMantle and Axelar partnership will increase both parties’ resilience and use cases, resulting in a more robust overall ecosystem and growth opportunities.
Axelar delivers secure cross-chain communication for Web3. Their infrastructure enables dApp users to interact with any asset or application, on any chain, with one click. Axelar is a blockchain that connects blockchains, enabling universal Web3 interoperability. The network is secured using proof-of-stake consensus, and messages are routed and translated using permissionless protocols. Axelar is like Stripe for Web3.
Axelar has raised capital from top-tier investors, including Dragonfly Capital, Polychain Capital, Coinbase, and Binance. Partners include major proof-of-stake blockchains, such as Avalanche, Cosmos, Ethereum, Polkadot, and others. Axelar’s team consists of distributed systems/cryptography experts and MIT/Google/Consensys alums The co-founders Sergey Gorbunov and Georgios Vlachos were founding team members at Algorand.
More about Axelar: docs.axelar.dev | axelar.network | GitHub | Discord | Twitter
AssetMantle is a multi-tenant NFT marketplace framework that enables creators and collectors to securely mint, own, and trade digital assets on its fast-finality blockchain. The AssetMantle no-code toolset allows creators to create customized assets and marketplaces permissionless-ly . Likewise, collectors can own the assets minted across these marketplaces and compatible chains in a singular wallet with minimal gas and a lower carbon footprint. Built on the interNFT standard, AssetMantle implements an end-to-end stack of open-source modular tools that developers can modify to fit advanced use cases.
Build an open-source, community-driven framework for inter-chain NFTs and metadata standardization by contributing to the ‘interNFT standard’.
Provide a platform that enables a diverse set of NFTs use cases that extend beyond arts and collectibles and can potentially change the representation of rights and ownership of real-world assets like real estate and other commodities.
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