Tech Company RECUR Enables NFT Interoperability Across the Metaverse

Announcements, Blockchain, Innovation, News | April 27, 2022 By:

Tech company RECUR has announced that its users will now have the ability to withdraw their NFTs to multiple blockchains, enabling true ownership & interoperability.

RECUR is a technology company that designs & develops dedicated branded experiences that allow fans to buy, collect, and re-sell digital products and collectibles (NFTs). RECUR claims to be the only blockchain-agnostic NFT platform ultimately giving its brand partners the widest range of distribution and their fan bases the widest range of utility. RECUR also co-authored the recurring royalty standard for NFTs, allowing for creators, artists, athletes, and brands to participate in the secondary sales of their assets in perpetuity.

In a press release, the tech company said that it has enabled cross-chain interoperability for NFTs, marking a major milestone for the RECUR Platform, users, and brand partners. Users will now be able to move their NFTs across the metaverse, enabling them to access marketplaces, games, and other third-party ecosystems on supported blockchains. The first two blockchains RECUR is making available to its users are the Ethereum and Polygon networks.

“Multi-Chain Deposit & Withdrawals enables brands and fans to seamlessly travel throughout the metaverse, across blockchains,” said Zach Bruch, RECUR’s CEO. “As new blockchains rise and the Web 3 ecosystem evolves over time, we will continue supporting brands and fans alike through the future-proof solutions we are building with the RECUR platform.”