Aura Network’s Official Launch of Xstaxy NFT Blockchain for Improved Ecosystem Adoption

02/22/2023 01:04 • Tech Ticker • 143 views

On February 22, it was reported that the main network of Cosmos ecological NFT blockchain Aura Network, The Xstaxy, will be officially launched at 21:00 on March 20, after more than 15 months of continuous development, stable testing and product optimization. With the activation of the main network, Aura Network positioned itself as the first licensed smart contract layer-1 chain, promoting the large-scale adoption of NFT in the Cosmos ecosystem.

The Xstaxy, the main network of Aura Network, will be officially launched at 21:00 on March 20

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On February 22, it was reported that Aura Network, a Cosmos ecological NFT blockchain, was set to launch their main network, Xstaxy, at 21:00 on March 20. The company had spent over 15 months developing, testing and optimizing its products, in a bid to revolutionize adoption of Non-Fungible Tokens (NFTs) in the Cosmos ecosystem. The activation of the NFT blockchain will make Aura Network the first licensed smart contract layer-1 chain, which will enable better integration and scalability of NFTs within the Cosmos ecosystem.

The move has been warmly received by industry experts, as Aura Network’s objective is noble and echoes the company’s primary vision of developing a scalable and secure ecosystem for NFTs in the global market. Xstaxy operates with traditional consensus protocols such as PBFT, VRF and DPoS, delivering unparalleled speed, enhanced user experience and high throughput. It offers specific functions such as NFT generation, management, transaction and distribution, with low fees and flexible economic models. These features support the seamless creation and trading of NFTs that can be used for a wide range of applications, including digital art, gaming, finance and more.

Aura Network’s decision to launch Xstaxy’s main network is significant as it positions the company to take advantage of the exponential growth potential of NFTs in the global market. This move also contributes to the overall growth of the Cosmos network, by introducing a cheaper and more efficient way of creating and trading NFTs. By moving forward with its plans, Aura Network shows strong confidence in the future of NFTs and is committed to ensuring the longevity of the entire ecosystem.

To sum up, the official release of Aura Network’s Xstaxy NFT blockchain will have significant implications for the NFT market. It provides a secure and scalable ecosystem for creators and collectors of NFTs, that is cheaper, faster, and more accessible. Furthermore, as the first licensed smart contract layer-1 chain, it ensures interoperability, paving the way for the large-scale adoption of NFTs in the Cosmos ecosystem. The NFTs allow for improved functionality, security and inclusivity, all of which are fundamental to the growth of the overall market.

In conclusion, Aura Network’s official launch of Xstaxy NFT blockchain is significant, and marks an important milestone that will impact the future of NFTs. The company’s efforts will not only improve adoption rates but will also contribute to the growth of the Cosmos ecosystem.

Sources:

https://www.chainnews.com/news/730171354197.htm

https://medium.com/auroraofficial/aura-network-announces-official-launch-date-of-xstaxy-nft-blockchain-mainnet-29e9f2d3fb3d

https://www.cryptoninjas.net/2021/02/22/xstaxy-aura-networks-cosmos-ecological-nft-blockchain-to-launch-mainnet-in-march/

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