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Harmony Rolls Out Bored Ape Yacht Club NFT Passport

By | February 19, 2022

Ether-based blockchain platform Harmony reportedly revealed details associated with the introduction of its Bored Ape Yacht Club Passport.

Specifically, the Passport reportedly makes it possible for users to import proof of their apes into DeFi Kingdoms, a play-to-earn game developed on the Harmony blockchain, with more than 120,000 active users on a month-to-month basis. 

During the first phases, Ape holders will reportedly be equipped with the ability to carry out validation and display their assets in the game throughout different blockchains, upon the connection of their MetaMask wallet to DeFi Kingdoms.

The infancy of cross-chain technology could reportedly subject the funds to risks occurring while bridging across chains, as demonstrated by the most major decentralized finance hack up to now taking place in 2022. 

Nonetheless, as revealed by its developers, Harmony’s Passport does not transfer assets but rather proves asset ownership throughout different blockchains, making sure the authenticity level is met. 

Its cross-chain bridge, Horizon, is reportedly offering facilitating features for interoperability between Harmony, Ethereum, BNB Chain, and three other blockchains at the moment. 

“We wanted to give all NFT holders more utility and options to display their NFTs and participate in the Metaverse. Bored Ape Yacht Club holders are the first choices. The cross-chain identity creates a secure and easy way to do so without putting their assets at risk.” Leo Chen, a team member at Harmony, provided further explanations. 

In a similar gesture, in January. Twitter reportedly started its nonfungible token campaign, making it possible for its paid subscribers to show off their NFT possessions as profile pictures.

Nonetheless, the feature is reportedly still undergoing testing stages, tech-wise, with only Ethereum-powered NFTs eligible and no support for cross-chain functionalities.

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