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Cardano Ecosystem

HeraldSheets

05/21/2021

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Gaming and NFTs Platform Exploring Cardano. A Move from Ethereum to Cardano On The Cards

Chain Games, a blockchain gaming and non-fungible tokens (NFTs) platform built on Ethereum blockchain, is exploring Cardano, which could result in a move from Ethereum to the emerging smart contract platform. Cardano community is anticipating the deployment of smart...

Gaming and NFTs Platform Exploring Cardano. A Move from Ethereum to Cardano On The Cards

Chain Games, a blockchain gaming and non-fungible tokens (NFTs) platform built on Ethereum blockchain, is exploring Cardano, which could result in a move from Ethereum to the emerging smart contract platform.

Cardano community is anticipating the deployment of smart contracts on the network, which is expected to give Cardano an advantage over the largest smart contract platform, Ethereum.

Read Also: Cardano (ADA) Ecosystem Map Consisting Over 150 World-Class Organizations Displayed

A number of projects built on Ethereum are considering a move to Cardano as soon as smart contracts functionality is implemented, while a number of others, such as SingularityNET, have already confirmed their move to Cardano.

Input Output Global (IOG), the software firm behind the development of Cardano (ADA), announced in a blog post on 17th May 2021 that the testnet of ERC-20 converter, a tool that will make the migration of Ethereum-based tokens to Cardano seamless, is nearing deployment.

According to the announcement, SingularityNET will be the first crypto project to use the token migration tool.

Read Also: Charles Hoskinson: Biden Tax Plan Could Notably Bearish Values of Cryptos; I Have Never Owned Ethereum (ETH)

Chain Games Considering Moving To Cardano Blockchain

In the wake of the announcement, Chain Games also informed its users that it will be exploring and testing out the Cardano ERC20 converter, which indicates the possibility of moving from Ethereum to Cardano blockchain.

Chain Games tweeted, “Our goal at Chain Games is to be cross-blockchain compatible to allow for the most seamless gaming experience w/ the fastest transaction times & lowest fees possible. We are pleased to announce we will be exploring & testing out the Cardano ERC20 converter when it hits testnet!”

Our goal at Chain Games is to be cross-blockchain compatible to allow for the most seamless gaming experience w/ the fastest transaction times & lowest fees possible.

We are pleased to announce we will be exploring & testing out the @Cardano ERC20 converter when it hits testnet! pic.twitter.com/S35tOQY40t

— Chain 🎮 Games (@RealChainGames) May 18, 2021

In this regard, Chain Games published a poll on Twitter on 20th May, which suggests Cross-Chain support for Cardano (ADA).

Read Also: Should Basic Attention Token (BAT) Move from Ethereum to Cardano? Gas Fees Issue Raises Concern

At the time of writing, 71.6% of the respondents chose Cross-Chain support for Cardano (ADA) as the most exciting development they would love to see on the platform in the near future.

Chain Games wrote, “What are you most excited about coming to Chain Games in the near future?”

What are you most excited about coming to Chain Games in the near future?

— Chain 🎮 Games (@RealChainGames) May 20, 2021


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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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