Cosmos Hub’s fourth open incentive test network, Interchain NFTs, is open for registration

It is reported that Cosmos Hub’s fourth public incentive testing network, Interchain NFTs, is open for registration, and the bonus pool is 20000 ATOMs (about 270000 US dollars). This test aims to verify the application of ICS-721, which is divided into two stages. The first stage has opened the test network, and the second stage will include a hacker marathon. The verifier and developer plan to test Interchain NFTs in multiple IBC compatibility chains, including IRISnet, Stargaze, Juno, OmniFlix and Uptick. (cryptoslate)

Cosmos Hubs fourth open incentive test network, Interchain NFTs, is open for registration

Interpretation of this information:

Cosmos Hub’s Interchain NFT testing network is now open for registration and has a bonus pool of 20000 ATOMs. The purpose of this test is to verify the application of ICS-721 in two stages, with the second stage including a hacker marathon. Verifiers and developers are planning to test Interchain NFTs on various IBC compatibility chains, including IRISnet, Stargaze, Juno, OmniFlix, and Uptick.

Interpretation:

Cosmos Hub has launched its fourth public incentive testing network called Interchain NFTs, and it is now open for registration. The aim of this test is to verify the application of ICS-721 in two different stages. The first stage includes opening the test network, while the second stage will involve a hacker marathon. This testing network offers a bonus pool of 20000 ATOMs, which is about 270000 US dollars.

The Interchain NFTs testing network will involve verifiers and developers who will test Interchain NFTs in multiple IBC compatibility chains. These chains include IRISnet, Stargaze, Juno, OmniFlix, and Uptick. The test involves verifying the compatibility of Interchain NFTs across different chains and their subsequent deployment.

The testing of the Interchain NFTs network in multiple IBC compatibility chains aims to identify any technical issues and bugs that might arise in the system. This exercise will ensure that the Interchain NFTs network is reliable, secure, and efficient, making it suitable for widespread adoption.

In conclusion, Cosmos Hub’s Interchain NFT testing network is a step towards realizing the full potential of blockchain technology. It is a significant milestone in the development of blockchain ecosystems and a major step towards a decentralized future.

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