APT

Wormhole Bridges the Gap for Aptos Network's NFT Transfer to Other Chains

by BSC News

March 10, 2023

Wormhole has launched the Aptos NFT bridge, enabling users to bridge NFTs between several chains via Wormhole's Portal bridge. Transferred NFTs are locked in the NFT bridge contract, and wrapped equivalents are created on the destination chain.

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Wormhole has launched the Aptos NFT bridge, allowing NFT transfers between Aptos Network and other chains without double-wrapping.

Users can bridge NFTs from Arbitrum, Aurora, Avalanche, BSC, Celo, Ethereum, Fantom, Karura, Klaytn, Moonbeam, Oasis, Optimsm, Polygon, and Solana to Aptos and vice versa via Wormhole’s Portal bridge.

"With the Aptos NFT bridge, Wormhole brings a new level of interoperability to the network. Aptos welcomes millions of assets, thousands of creators and artists from across the many chains accessible via this bridge,” said Mo Shaikh, Co-Founder and CEO of Aptos Labs.

An NFT transferred from its origin chain is locked up in the NFT bridge smart contract. After that, an equivalent wrapped NFT is minted on the destination chain.

The wrapped NFTs have the same name, look, and behave as the original NFTs. Wrapped NFTs on EVM chains are ERC721 tokens, on Solana they are SPL tokens with Metaplex metadata, and on Aptos they act as Aptos Token standard.

As reported, it is also possible to send NFTs back to the original chain to unlock the original NFT. For instance, an NFT originated from Aptos can be bridged to Ethereum, sold on Opensea, and then transferred back to Aptos.

The Aptos network, launched last October, has been gaining traction over the past few months, and this new alliance with Cross-chain Bridge Wormhole may help it gain even more traction. The layer-1 blockchain has also recently emerged as the fastest major blockchain network, with a median Time to Finality (TTF) value of under a second, according to Messari.

Aptos(APT) is trading at $10.33, down 3.79% in 24 hours, at the time of writing.

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What is Aptos:

Aptos is a new, independent project focused on delivering the safest and most production-ready Layer 1 blockchain in the world. The team includes the original creators, researchers, designers, and builders of Diem, the blockchain first built to serve this purpose.

Where to find Aptos Labs:

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What is Wormhole:

The Wormhole Network is a generic message-passing protocol that connects high-value blockchains and allows applications to leverage the messaging layer to facilitate ecosystem interoperability. Secured by 19 guardians, developers can leverage the protocol to send arbitrary data cross-chain, including tokens, NFTs, oracle data, governance decisions and more.

Where to find Wormhole:

Website | Twitter | Telegram | GitHub |

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