Clay Nation launches Cardano-Polygon NFT bridge in The Sandbox
10/09/2023 20:07
Clay Nation, a project of 10,000 non-fungible tokens (NFTs), announced the launch of a new blockchain bridge for Cardano and Polygon networks in The Sandbox metaverse. See related article: DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court Fast Forkast See related article: NFT creators seek alternatives after OpenSea cuts royalties
Clay Nation, a project of 10,000 non-fungible tokens (NFTs), announced the launch of a new blockchain bridge for Cardano and Polygon networks in The Sandbox metaverse.
See related article: DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court
Fast Forkast
The new bridge, launched in partnership with Hong Kong-based metaverse firm The Sandbox, enables Clay Nation holders to use their Cardano-based NFTs as avatars in The Sandbox game on Polygon, while still keeping the NFTs on Cardano.
The NFT market has seen its sales dropping in recent weeks with the Forkast 500 NFT index, a proxy measure for the performance of the top 500 NFTs across various blockchains, reaching a new all-time low of 1,871.98 points on Saturday.
Clay Nation’s daily sales rose 129% to US$5,685 in the 24 hours leading up to 07:55 p.m. in Hong Kong, according to CryptoSlam data.
The Forkast CAR NFT Composite reached a new all-time low of 880.26 points on Sept. 28 and is down 31% year-to-date. The Forkast POL NFT Composite is down 11.15% year-to-date after it fell to a new all-time low of 645.99 points on Monday.
See related article: NFT creators seek alternatives after OpenSea cuts royalties