Axelar's Mobius Development Stack (MDS) represents a shift i | Axelar Network on Binance Square

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Axelar's Mobius Development Stack (MDS) represents a shift in interoperability development.
▫️ Innovative cross-chain applications
▫️ New possibilities
▫️ Entirely new paradigms...
Read on 👇

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Co-founder at @OffchainLabs, @EdFelten talks about Ethereum's layered approach. "Ethereum has taken this layered approach to build out the ecosystem, and I think it's been incredibly successful, and in a layered protocol stack, you don't need or want to

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Axelar Mobius Development Stack (MDS) use case: 🟠 5️⃣ Cross-Chain NFTs Artists mint NFTs on their preferred chain (e.g., Ethereum) using an ITS-compatible contract. The NFT metadata and ownership are mirrored on other chains (e.g., Polygon, Arbitrum) via Axelar GMP. Users can browse and purchase NFTs from any supported chain. When an NFT is sold on a non-native chain, the royalty payment is automatically routed to the creator's wallet on their original chain. This is achieved through a smart contract on the AVM that manages cross-chain royalty payments. This system allows for a unified NFT ecosystem across multiple blockchains, which increases liquidity and reach for creators.

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One chain to connect them all

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