The Bull Club goes Omnichain
TLDR; The Bull Club is adopting the ONFT (Omnichain NFT) standard to fully transition to an omnichain collection. All Bull Club holders will be able to transfer their assets back and forth between a range of different chains.
If you have been following us for a while, you would know this has always been our goal since before the Terra crash and the subsequent decision to migrate to Solana. Initially, we had plans to build our own infrastructure to support the multichain capabilities. This would have required a tremendous amount of resources and, more importantly, time. For that reason, we’re happy to announce that we will be leveraging LayerZero's infrastructure and Omni-X tech to execute the transition.
LayerZero is an omnichain interoperability protocol. In short, they laid the bedrock for cross-chain applications. Omni-X, on the other hand, are pioneers in the ONFTs space and are building a variety of omnichain tools for NFTs.
Kanpai Pandas were the prominent name that brought ONFTs to a wider audience (+ Pudgy Penguins more recently). This gives us more confidence in the tech stack in terms of security and reliability. As with everything in our space, there are risks linked to any new technology. Please operate accordingly.
The Remint
As you all know, we will be opening a “remint” for the unmigrated Bulls. A total of 4,897 Bulls will be available, including a wide variety of very rare and sought-after traits.
The exciting part is that you will be able to mint these Bulls on any of the different chains supported at launch. With that said, The Bull Club will soon be present on the following chains:
- Ethereum
- Solana
- Polygon
- Binance Smart Chain
- Avalanche
- Moonbeam
- Arbitrum
- Optimism
What does this mean for the Bulls currently on Solana?
We will have a definitive answer as we get closer to the mint opening. We will always choose the best option for our holders in terms of UX to guarantee a smooth transition. Stay tuned for updates on this front.
What about the Tesseracts?
The Tesseracts will also be omnichain compatible. As you know, we had issues with the token standard on Solana, so this is also an opportunity to fix that. We will execute a 1:1 airdrop to replace the old tokens with the new omnichain ones.
How do I upgrade/interchange my Bull?
Solana will still be our HQ for the foreseeable future. This means you will have to transfer your Bulls (and Tesseracts) to Solana if you want to use the Rupture interface. You’re obviously free to move the assets around right after.
Wen?
ASAP. LayerZero will be launching soon on Solana mainnet. After that, we just need to wait for Omni-X to integrate the new chain and we will be good to go. Follow our Twitter for updates.
We are also working on other cool stuff to come soon after. For any questions, don’t hesitate to reach out on Discord or Twitter.
Reminder you can still preorder our premium coffee at https://www.coincoffee.life/pages/thebullclub
— The Bull Club Team
