Axelar Network - the next level of decentralized applications
In recent years, new blockchains of L1 and L2 levels have entered the market, which offers their unique solutions for developers and users, have their utility tokens, and are deployed in their network. Communities have already been formed around such networks, many decentralized applications and protocols have been deployed.
But there is still an acute problem of effective interaction between many networks for developers and ordinary users.
This is exactly the problem that Axelar Network plans to solve.
For example, today it is quite convenient to use the Metamask wallet for working in the Ethereum, Avalanche, Polygon networks, but it is completely useless for working with the Terra, Near, Solana, and Cosmos networks. And for example, you are a developer and have created your application, then to deploy it on a new network, you will need to make significant efforts and spend a lot of time. When creating your product in the Axelar network, you do not need to worry about it, because it allows platform and application developers to access all interconnected chains and use global liquidity.
The project sets itself an ambitious task to implement the interaction between all Blockchain L1.
At the moment, Axelar is already collaborating with Ethereum, Terra, Cosmos, Avalanche, Moonbeam, Polygon.
The Axelar Network also already has several large partners, including such large funds as Coinbase Ventures, Binance, Polychain Capital, and others.
I really liked the idea of the project and will follow its development closely.
More information you can find here:
Website - https://axelar.network
Telegram ENG — https://t.me/axelarcommunity
Telegram Announcement — https://t.me/axelarnetwork
Telegram RU — https://t.me/axelar_ru
Discord — https://discord.gg/rFaQ3TZ7
Twitter — https://twitter.com/axelarcore
Authorship:
Telegram - t.me/aleks_free
Discord - cryptobull#1531
Thanks for the info, man
You are welcome
Looks promissing
Wow, I am inspired by your article. I want to try the already working application
Yeah, me too