Harmony Launches Bored Ape Yacht Club NFT Passport

Harmony a blockchain platform, whose mainnet runs on the Ethereum network, claiming to have two-second transaction finality and fees 1,000 times lower than Ethereum

The Bored Ape Yacht Club Passport was announced on Friday.

The Passport allows users to import proof of their apes into DeFi Kingdoms, a play-to-earn game with over 120,000 monthly active users built on the Harmony blockchain.

When Ape holders connect their MetaMask wallet to DeFi Kingdoms in the early stages, they will be able to validate and display their assets in the game across multiple blockchains.

Because cross-chain technology is still in its infancy, funds may be at risk when bridging between chains, as the biggest decentralized finance hack of the year demonstrated.

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Harmony’s Passport, on the other hand, does not move assets; rather, it proves asset ownership across multiple blockchains, ensuring their authenticity throughout.

Horizon, the company’s cross-chain bridge, currently supports Harmony, Ethereum, BNB Chain, and three other blockchains.

Leo Chen, a team member at Harmony, explained:

“We wanted to give all NFT holders more utility and options to display their NFTs and participate in the Metaverse. Bored Ape Yacht Club holders are the first choices. The cross-chain identity creates a secure and easy way to do so without putting their assets at risk.”

In a similar gesture, Twitter launched its nonfungible token campaign last month, allowing its paid subscribers to display their NFTs as profile pictures.

However, the feature’s technical capabilities are still being tested, with only Ethereum-based NFTs eligible and no cross-chain functionality.