NFT Bridge Integration to WAX Cloud Wallet

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10 Jan 2024
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April 5th is one of important days for WAX community, since WAX Team came up with great announcement that day which i believe will make WAX NFT Holders really happy. A new world of possibilites has been opened for NFT owners by WAX Team's great work and NFT Bridging is integrated into Cloud Wallet. Usually in blockchains NFTs are limited to their own chains but WAX team now made it possible by adding multi-chain support and with NFT Bridge users will be able to bridge their NFTs to Ethereum and BSC networks which will make them benefit from liquidities of these two chains.

Before going through steps of how to bridge your NFTs to other chains, there are few important facts that you should know about. As a NFT owner, you have to activate your collection for transfer in your Cloud Wallet and also you have to prove that you are owner of the collection. No matter in which wallet you previously created your NFT, they will all be eligible to transfer. Also destination chain address should not have any existing smart contracts deployed to it. For every different WAX Blockchain collections you have, you must provide a separate destination chain address. Activation will generate and deploy an ERC721 smart contract which can not be upgraded or changed once it has been deployed. Deployed smart contact will be owned by collection owner's address and necessary gas fees must also be paid by user.
You can read step by step bridging your WAX NFT to ETH or BSC chains in the article
https://medium.com/wax-io/nft-bridge-is-now-integrated-into-cloud-wallet-51b906535db

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