Leipzig, Germany – (Newsfile Corp. – January 13, 2022) – GAT Network has received investments from household crypto firm Binance as a beneficiary of the Binance incubation program. This represents a significant milestone for the project, which promises unseen innovations and multichain compatibility for the NFT space.
The GAT Network, founded in 2021, aims to provide an all-in-one infrastructure for NFTs in the decentralized space, in which users can create, manage, trade and collaborate across chains. The company is founded by engineers with years of experience in blockchain development, whose ethos is to unite the crypto gaming and NFT landscapes under one infrastructure that is structured and executed for the benefit of its users, be they game developers, developers or investors.
To this end, GAT Network will offer a full set of tools to help developers get the most out of their ideas by using non-fungible tokens.
GAT Network is a project with a complex ecosystem. In a short period of time, they successfully launched several products such as P2e games and an innovative NFT called Game Ace. However, their core product is the Minted Vodka NFT marketplace. Version 1 was launched in June last year and version 2 is currently being launched, with new features added quickly over the coming weeks and months.
Unlike most NFT platforms in this field, Minted Vodka offers the vision of complete and unlimited interoperability between every chain, asset class and token standard within the blockchain. As a team member, Ron Rong said, “So the main idea here is to be open and approachable, no matter what you want to do, what assets you have and what chain you are connected to – you will find the right tools on MV to get started with Trade, manage and interact with your assets. You don’t have to switch markets. Everything at hand. “
This is made possible by a groundbreaking multi-chain functionality that enables quick bridging of tokens and NFTs (if these are minted by Minted Vodka) between all supported chains, including transactions across asset classes, through asset wrapping. GAT Network has announced that although the platform will launch with multi-chain functionality on BSC, Polygon and ETH, discussions with other chains are ongoing and, due to the efficient integrated implementation of the technology, it will be possible to add new chains since required within one to two days. In practice, Minted Vodka is revolutionizing the market with its multi-chain functionality coupled with the wide range of features made available to the creators and users of NFT users, including wallet views, staking options, choice of minting -Possibilities, sales strategies, etc. Von Minted Vodka brings all functionalities under one roof and breaks the barrier between different marketplaces and token standards from a compatibility point of view.
The story goes on
This level of flexibility gives developers and NFT fans a unique opportunity to be creative with the blockchain environment.
Overall, users benefit from a number of choices, such as: like claimable NFTs in exchange for services or physical products.
Binance’s incubation program
GAT Network is one of the few selected projects that participated in Binance’s incubation program. During this time, the team has received funding and mentoring from key specialists in the blockchain industry, which should further fuel the progress of the project in this area.
Binance’s decision to invest in this project could only be explained by the background of the GAT team and the workable solutions to bring unlimited flexibility to the NFT area with just 1 click. This is an important vote of confidence in the GAT team, which just shows its enormous potential.
Regarding the recent investment made by Binance, GAT network spokesman Ron Rong confirmed: “We are honored by this opportunity from Binance Labs! It is a vote of confidence in our prospect of further support in the future. “
This further strengthens the idea that GAT will use these funds to further advance the development of the platform.
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