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Celer Network Launches On Oasys Blockchain’s Hub Layer

Twitter icon  •  Published 2 years ago on December 13, 2022  •  Hassan Maishera

The Celer Network announced via a blog post on Monday that it has launched cBridge support on Oasys’ Hub layer.

Celer Network Launches On Oasys Blockchain’s Hub Layer

The Celer Network announced via a blog post on Monday that it has launched cBridge support on Oasys’ Hub layer. Oasys is a blockchain designed and optimized for gaming and is collaborating with industry-leading AAA video game developers, including Bandai Namco Research, SEGA, Square Enix and Ubisoft.

As a result of this latest development, Celer’s cBridge has begun supporting Oasys by enabling asset bridging for the Oasys Hub, starting with 5 tokens: USDC, USDT, MCHVerse’s MCHC and RAYS, and TCGVerse’s TCGC. In the future, Celer plans to support more bridging options to create an interconnected network within the Oasys Hub-Verse ecosystem, as well as between Oasys and external L1s. Celer said it would be working with Oasys to onboard several dApps that use Celer Inter-chain Messaging (Celer IM) to enable cross-chain application logic.

Celer Network is an interoperability platform that supports cross-chain fund transfers and generic message passing. CELR, the native token of Celer Network, is up by 1% in the last 24 hours and is currently trading at $0.01197. 

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.