Azuki 'Satoshi Nakamoto' Hoodie Is Tokenized on Both Bitcoin and Ethereum - Decrypt
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Ethereum NFT project Azuki and multi-chain marketplace Magic Eden have teamed up to create what they’re calling the first dual-chain NFT product that exists on both the Bitcoin and Ethereum blockchains there are just 98 pieces in total. The hoodies utilize Azuki’s own Physical Backed Token (PBT) tec
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- Ethereum NFT project Azuki and multi-chain marketplace Magic Eden have teamed up to create what they’re calling the first dual-chain NFT product that exists on both the Bitcoin and Ethereum blockchains
- there are just 98 pieces in total.
- The hoodies utilize Azuki’s own Physical Backed Token (PBT) technology per the Ethereum Improvement Proposal EIP-5791 standard. Ownership transfers require a signature from the physical chip embedded in each hoodie, creating what Azuki calls “decentralized on-chain verification combined with off-chain ownership."
- Azuki is one of the most prominent NFT properties, with more than $1.1 billion to date worth of trading volume for its original Ethereum collection alone, per CryptoSlam.
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