Nfts
Stargaze connects Ethereum’s top NFTs to the Cosmos ecosystem for the first time
Union’s zk-IBC bridge will be used for the first time to transport NFTs between Ethereum and IBC
Image Source: Courtesy of Union
New York, New York – Union, the modular interoperability layer, partners with gasless NFT app chain Stargaze to enable the transfer of premium Ethereum NFTs to the Cosmos ecosystem via its decentralized, trustless zkIBC bridge announced on May 16 . initiative to achieve trustless interoperability for NFTs between these two ecosystems.
This integration promises significant benefits for the collections of both ecosystems. Once completed, Stargaze NFT collections such as Bad Kids will be exposed to the Ethereum ecosystem by being listed on Ethereum marketplaces. Likewise, top-tier Ethereum NFTs such as CryptoPunks, BAYC, and Pudgy Penguins will find their new home in Stargaze. NFT collections created on Stargaze, like the Celestine Sloth Society, will also benefit from the expansion to ETH. This expansion will result in increased volume on both sides of the ecosystem, generating more royalties for creators.
Boasting zero gas fees and a neutral carbon footprint, Stargaze allows creators to launch permissionless collections effortlessly, leveraging no-code solutions. With its minimal fees and improved user experience, the Stargaze network provides a more efficient trading environment for NFT enthusiasts.
This partnership will see Union and Stargaze open an IBC channel between their test networks to implement interoperability between the ERC-721 and SG-721 standards in the coming months, ensuring efficient mapping and encoding of NFT data. The process aims to facilitate seamless NFT transfers between chains with minimal effort required from Stargaze other than supporting Wasm light clients included in the new Cosmos SDK. In line with Union’s upcoming integration with AggLayer, Polygon users can transfer their NFTs to Stargaze and vice versa.
Stargaze co-founder Shane Vitarana said: “We are excited to work with Union to bring some of the best Ethereum NFTs to IBC for the first time. This partnership is not just about moving assets; it’s about connecting communities and simplifying the blockchain experience for everyone. By connecting these ecosystems, we address the challenge of fragmentation head on. This is about making Stargaze not just a platform, but a community hub for the best NFTs, regardless of where they start. I’m excited about the possibilities this opens up for our users, improving the variety and accessibility of high-value assets. We are setting a new standard for interoperability and creating a more integrated and accessible NFT marketplace.
Among the projects looking forward to this integration is Hedgies, a series of 4,200 unique collectible avatars distributed to the dYdX community upon inception. Following dYdX’s move to the Cosmos ecosystem in October 2023, Hedgies owners have long anticipated the possibility of moving their NFTs to the Cosmos ecosystem.
Union plans to showcase the capabilities of this new cross-chain NFT communication by launching an exclusive collection on the Ethereum and Stargaze networks to commemorate its upcoming mainnet launch, with additional details to be shared in the coming months.
Union Labs co-founder Cor Pruijs concluded: “Trustless interoperability between Stargaze and Ethereum NFT is a no-brainer for both ecosystems. Through Union’s zkIBC connection to Ethereum, we support general message passing, allowing us to securely provide merkle inclusion proofs for NFTs. Since Stargaze is a dedicated app chain, NFTs can be traded extremely efficiently. I anticipate more Ethereum protocols will offload computation to application chains and use Ethereum as a settlement layer.
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