Creepz NFT Series to Undergo Comprehensive Upgrade for Ecological Acceleration Development
It is reported that Overlord announced on social media that the Creepz NFT series will be upgraded comprehensively to promote the ecological acceleration devel…
It is reported that Overlord announced on social media that the Creepz NFT series will be upgraded comprehensively to promote the ecological acceleration development. The series will be migrated to the new contract at 1:00 p.m. on Thursday, March 2 (2:00 a.m. on March 3, Beijing time). After the upgrade, it will support cross-chain, soft pledge, and royalty functions.
Overlord: CREEPZ NFT will migrate to the new contract in the morning of March 3
Interpretation of the news:
The world of NFTs has been gaining momentum as more crypto enthusiasts are investing in digital art pieces. NFTs offer a novel way for artists to monetize their work, and with Overlord’s announcement on social media, the Creepz NFT series is now set to undergo a comprehensive upgrade. The goal is not only to enhance the user experience but also to promote ecological acceleration development.
Overlord is a leading blockchain game development company that specializes in NFTs. The upgrade will support cross-chain compatibility, soft pledge, and royalty functions. The company aims to provide greater flexibility to users, enabling them to interact with other blockchain protocols, all while enhancing the value proposition of the Creepz NFT series.
The migration to the new contract will take place at 1:00 pm on Thursday, March 2, which is the equivalent of 2:00 AM on March 3, Beijing time. Overlord explained that the migration is crucial to improving the scalability of the platform, as the new contract architecture is better suited to support future updates and integrations.
The first upgrade to the series will enable cross-chain compatibility, which is one of the most sought-after features in the NFT space. Cross-chain compatibility means that a specific NFT can be transferred or traded on different blockchain networks. For example, an NFT created on Ethereum could also be transferred or traded on another blockchain network like Binance Smart Chain or Polkadot.
The second feature, Soft Pledge, refers to a smart contract mechanism that allows users to pledge their NFTs as collateral to obtain a loan, creating liquidity across the network. This function provides an additional layer of versatility and functionality for NFT owners.
Lastly, the royalty function will allow creators to earn a percentage of future secondary sales or transfers of an NFT. This creates an additional revenue stream for artists, incentivizing them to create and maintain high-quality digital assets.
In conclusion, Overlord’s decision to upgrade the Creepz NFT series is a significant development for the NFT ecosystem. The integration of cross-chain compatibility, soft pledge, and royalty functions in a single platform will make the Creepz series more usable, accessible, and valuable than ever before.
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