Nexus Beta Is Now Live On ICON

Twitter icon  •  Published एक वर्ष पहले  •  Hassan Maishera

The ICON team announced via Twitter on Tuesday that the Nexus Beta is now live on its mainnet, with support for ICON and the BNBChain.

The ICON team announced via Twitter on Tuesday that the Nexus Beta is now live on its mainnet, with support for ICON and the BNBChain. Nexus is a front-end application that focuses solely on cross-chain token transfers. With Nexus, users can lock up ICX on ICON, and mint BEP-20 ICX tokens on BNBChain. Similarly, users can lock up BNB on BNBChain, and mint IRC-2 BNB tokens on ICON.

Nexus is powered by ICON Bridge, a cross-chain solution being developed by ICON. The team said the end goal of ICON Bridge and BTP 2.0 is to support a variety of cross-chain smart contract use cases,

ICON (ICX) is a blockchain with the goal of "connecting crypto to the real world and advancing our society towards true hyperconnectivity". ICON aims to reach this goal by connecting independent blockchains and enabling transactions between them.

ICX is up by more than 1% in the last 24 hours and is currently trading at $0.281 per coin. 

Author

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.