NFTs from Ethereum and Polygon can be moved to Shimmer with a new project

NFTs from Ethereum and Polygon can be moved to Shimmer with a new project

  • Shimmer will be integrated into the multi-chain bridge.
  • Shimmer is a staging network that accelerates network upgrades on the IOTA ecosystem.

The IOTA ecosystem has stated that Shimmer needs to reach a point where it would be possible to transfer NFTs from Ethereum, Polygon and other blockchains. The NFTs will be transferable to Shimmer, and the reverse will also be possible. There needs to be a smooth integration between the IOTA Web3 ecosystem and the rest of the Web3 space. The IOTA community made this known via Twitter recently.

Barely 24 hours after the tweet from the IOTA Twitter page, Dominik Schiener, co-founder of IOTA, responded that Shimmer is already being integrated with one of the best bridges in crypto (the multi-chain bridge).

In November 2021, the IOTA Foundation launched the Shimmer network. The Shimmer Network is a staging network that facilitates network upgrades in the IOTA space.

It allows developers to test multiple features and upgrades in an incentivized location before releasing such features or upgrades to the mainnet. Shimmer has its native token (SMR), which developers use to incentivize testing for various features and functions before the mainnet launch. Friday 9 On September 2022, Bankless Consulting hosted a Shimmer DeFi Education Room.

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A highlight of the session was the discussion on wallets and interaction with DeFi. During the session, Bankless advised session participants to always choose a wallet that is compatible with NFT marketplaces. It also revealed that Shimmer had just launched an NFT marketplace. Bankless also said that Shimmer’s firefly wallet is compatible with various NFT marketplaces.

Related: IOTA: Great success with the ENSURESEC EU project

The DeFi education consultancy also mentioned a browser extension (revoke.cash) that works on the Shimmer network. This browser extension works in chrome, brave or other chrome edge chromium browsers. This extension is a great tool that revokes any permission you have given to various websites and NFT projects.

It is a good practice to check regularly (at least once a month) and remove any extra permissions. A video demo of how the tool works on the Shimmer network is available on the Shimmer website. Shimmer plans to make the revoke.cash website work directly with the Shimmer EVM for greater convenience. According to Bankless, it plans to continue hosting these DeFi education sessions in the coming weeks.

A firefly mobile wallet was finally launched

On Thursday, IOTA announced the release of the firefly mobile wallet. According to the announcement, the mobile wallet app can be used on smartphones running on Android or Apple iOS. Firefly mobile dev team also announced that their allows migration of old IOTA 1.0 to 1.5. It also says that the firefly mobile app allows storage, sending and receiving of IOTA cryptocurrency.

The development team has put the app through the highest security standards with good support from the IOTA community. The announcement further revealed that the app is available in 25 languages, including German.

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