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Harmony chain launches NFT cross-chain passport! BAYC is the first project to pass through.

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Harmony chain launches NFT cross-chain passport! BAYC is the first project to pass through.

The developers of Harmony Chain announced live at ETH Denver that the chain will launch cross-chain NFT Passports, currently supporting Bored Ape Yacht Club (BAYC) avatars on the chain's largest project, DeFi Kingdoms.

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Developers of the Harmony chain announced live at ETH Denver that the chain will launch cross-chain NFT Passports, currently supporting the Bored Ape Yacht Club (BAYC) on the largest project on the chain, DeFi Kingdoms, as avatars.

DeFi Kingdoms is a comprehensive DeFi and GameFi project built on the Harmony chain. According to data from DappRadar, it has over 120,000 users in the past 30 days.

The Passport allows users to import proof of ownership of NFTs from other blockchains into Harmony. When a BAYC holder connects their MetaMask wallet to DeFi Kingdoms, their owned BAYC will be able to be cross-chain verified and displayed in the game.

Current cross-chain technology is still in its early stages, which means that assets may face risks when crossing chains. However, according to the developers, Harmony's Passport does not move assets; it only proves ownership across multiple chains, ensuring their authenticity. Their Horizon cross-chain bridge currently supports interoperability between Harmony, Ethereum, BNB Chain, and three other blockchains.

Harmony team member Leo Chen further stated:

We aim to provide more utility and options for all NFT holders to showcase their NFTs and participate in the metaverse. BAYC holders are the current preference. This cross-chain identity uses a secure and simple method, and their assets will not be at risk.

DeFi Kingdoms also announced on their Twitter that they will give the first 100 users who complete this action 50 JEWEL tokens, valued at approximately $300 at the time of writing. While $300 may not matter to BAYC holders, this marketing strategy targeting holders of blue-chip projects on the chain is indeed a common tactic, as it has the potential to bring in significant benefits as long as it can leverage some influence.