Cantina Royale Taps Elrond Apes for In-Game Cross Chain NFT Collections
2022.06.28 23:05
Cantina Royale Taps Elrond Apes for In-Game Cross Chain NFT Collections
- Cantina Royale and Elrond Apes are partnering up to boost the game’s appeal.
- Elrond Ape holders will be able to use their favorite and most popular NFTs as playable assets in the game.
- Cantina Royale is a much-anticipated free-to-play play-to-earn game.
Cantina Royale and Elrond Apes are officially teaming up to enhance the appeal of the Cantina Royale arcade shooter game. Elrond Apes NFTs will be featured in the game and will become usable across single and multiplayer battle modes.
Cantina Royale is a much-anticipated free-to-play, play-to-earn game and embraces some innovative technologies to enhance the industry’s interoperability and composability. Elrond Apes is a popular NFT collection that will be integrated into Cantina Royale. Additionally, the Bored Ape Yacht Club will also be roped in at around Q3 2022.
The team at Cantina Royale states that Verko’s interoperability protocol is a crucial part of the game’s ecosystem. Reportedly, the protocol enables NFT collections to become fully functional and playable 3D in-game characters. Elrond Ape holders will be able to use their favorite and most popular NFTs as playable assets in the game. Furthermore, Verko’s protocol will bring a set of exclusive traits and assets of the 3,000 Elrond Apes NFT collection to Cantina Royale.
The perks of this venture include the 1% lifetime earnings for all future recruited Space Apes. Adding such substantial liquidity to Elrond Apes increases the collection’s appeal and offers a valuable incentive for long-term holding.
Speaking about these developments, Daniel Sagi of Cantina Royale adds:
Seeing NFT interoperability come to life with renowned NFT collections like Elrond Apes always feels like getting one step closer to the core tenet of blockchain technology. By bringing the Elrond Ape and Cantina Royale community together, I’m certain that this partnership will be a shiny case study for interoperability while everyone enjoys playing with their favorite NFTs.
Reportedly, the minting of an initial collection of 3,000 Elrond Apes NFTs will occur in the second half of July 2022. The initial collection allows holders to play the Cantina Royale game, with assets being redeemable once the Elrond Apes reveal takes place a few weeks later.
The Cantina Royale team also states that Elrond Apes holders will receive access to the lending platform. Through lending, NFT holders can tap into a passive revenue stream where they earn from digital assets by lending them to others. Rewards are earned as their borrowers do, with tokens allocated every week.
Karl Thomas of Elrond Apes states that Cantina Royale’s innovative vision to bring the first-of-a-kind free-to-play play-to-earn game was one that Elrond Apes wanted to be part of. “From lending to breeding to playing the game with their favorite NFTs is where our communities will enjoy. Their innovative interoperability protocol will reach the mass market, and partnering with them and having unique Elrond apes part of the game is an exciting endeavor,” he added.
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