Cross-chain NFT Marketplace

Today, users that want to participate in NFT auctions must have funds on the chain where the NFT marketplace is deployed. This approach excludes many users who would like to participate in the auction but don’t have funds on that particular blockchain. For example, a marketplace such as OpenSea deployed only on Ethereum and BNB will naturally exclude users on other chains due to complex bridging operations and transaction costs.

Analog GMP can help you expand the NFT marketplace beyond EVM-based chains and reach a broader user base. With this functionality, you can now implement a cross-chain NFT marketplace that can take bids across chains other than those that initially minted the NFT. A cross-chain NFT marketplace can help reduce the costs associated with participating in an NFT auction and ultimately eliminate barriers to entry.