First NFT Bridge Created Between Ethereum and Bitcoin via Stacks

Announcements, Blockchain, Innovation, News | February 14, 2022 By:

Bitcoin-themed NFT collection Satoshibles has created the first NFT bridge between Ethereum and Bitcoin via Stacks. Satoshibles NFTs can now be bridged between Stacks and Ethereum, allowing for NFT holders to use the Bitcoin blockchain to secure their NFTs like a vault and bridge their NFTs over to Ethereum to access the metaverse and play in virtual lands like The Sandbox.

Satoshibles, a Bitcoin themed NFT that celebrates the speculative image of Bitcoin’s founder, was first launched on Ethereum last year and has since garnered a growing community. The founder of Satoshibles, Brain Laughlan received requests from his Ethereum community to “bring Satoshi home” to Bitcoin and saw a huge opportunity to connect his Ethereum fanbase with his Bitcoin fanbase via Stacks, inspiring the creation for the bridge.

In order to connect between both bridges, users will need to login using both a MetaMask wallet for Ethereum and Hiro wallet for Stacks. To show that each NFT is active on a specific chain, when bridged over, Bitcoin Satoshibles will be marked with a Bitcoin watermark in the background instead of the default plain color background seen on Ethereum.

“The main purpose of the bridge is to ultimately give control to the holder, allowing them to freely choose where they want to hold or trade their assets. We can benefit from the low fees on Stacks and build amazing utility there for our holders.” shared Brian Laughlan, the creator of Satoshibles. “This bridge is going to allow us to expand and diversify our community to accommodate both Bitcoiners and Ethereum enthusiasts.”

“As the first NFT collection ever to span across both Ethereum and Bitcoin, this is a remarkable milestone for Satoshibles that demonstrates how Stacks can deliver Bitcoins value to other ecosystems,” said Louise Ivan Payawal, Growth Lead at the Stacks Foundation. “I can see a future where NFT holders use the Bitcoin blockchain to secure their NFTs like a vault and bridge their NFTs over to Ethereum to access the metaverse and play in virtual lands like The Sandbox.”