Innovative Applications of NFTs on Moonbeam: Cross-Chain Interoperability and 1:1 Artwork

As blockchain technology continues to evolve, the NFT application scenarios on the Moonbeam network are also expanding. Users accessing NFTs across chains and new concepts such as 1:1 NFTs are creating a wave in this field. Moonbeam is actively enhancing the cross-chain interoperability of interconnected contract NFTs, creating new opportunities for the use of NFTs on other blockchains.

The Moonbeam network has a diverse and active ecosystem, natively supporting ERC-721 and ERC-1155 standard NFTs, which can be used for cross-chain interconnected smart contracts. This means that Ethereum-compatible NFTs can be displayed and used on a single platform without the need for cross-chain transfer. This flexibility will have an impact on the application of NFTs in various fields such as gaming, the metaverse, and art collections.

Moonbeam is compatible with Ethereum and supports cross-chain transfers of ERC-721 NFTs with Ethereum. However, with the emergence of next-generation user-friendly applications, such cross-chain transfers may no longer be necessary, as new applications will address the fragmentation of cross-chain functionality and user experience issues.

NFT Market on Moonbeam

Multiple leading multi-chain NFT markets have been deployed and tested on Moonbeam, exploring the possibilities brought by recent innovations, including Treasureland, NFTrade, Tofu NFT, Moonbeans, Mintverse, and Raresama.

As a cross-chain interconnected application platform that can access any on-chain users and services, Moonbeam provides an ideal environment for NFT markets to reach users across multiple blockchains.

A representative of a certain NFT marketplace stated: "We support the Moonbeam network because it has strong compatibility and interoperability, which provides long-term development potential for NFTs on Moonbeam, especially for 1:1 NFTs."

Projects built on Moonbeam have seen the interoperability benefits brought by its cross-chain smart contracts and integrated cross-chain communication capabilities.

A representative from a certain NFT trading platform stated: "We firmly believe in the future of cross-chain and multi-chain, which is also the goal that Moonbeam is striving to achieve. We are excited to collaborate with the Moonbeam development team and its community to create value for its on-chain and collectibles, which will be the key to future success."

Moonbeam is integrating functionalities from ecosystems such as Ethereum, Cosmos, and Polkadot into a single platform to address the current issue of fragmented user experience, achieve true interoperability, and lay the foundation for next-generation applications. Enhancing user experience is key to driving broader adoption, and the NFT space is one of the effective ways to achieve this goal.

A certain NFT marketplace leader shared: "Our market focuses on 1:1 art and is fully governed and curated by the community. New collectibles must go through holder voting, membership certification also requires community voting, and even the platform's new features and development direction are controlled by the community and artists."

The CEO of another NFT trading platform stated: "Our market aims to provide a familiar and friendly user experience. We want new users in this field to easily understand NFTs and trade them. The simplicity of cross-chain trading is key to the user experience. Therefore, we are collaborating with cross-chain infrastructure providers to support the development of appropriate NFT bridging features. Cross-chain NFTs are the future direction of development, providing users with an interactive layer that allows them to easily trade and interact with these NFTs."

The Value and Application of NFT

NFT exists on the blockchain, with unique identifiers for distinction. NFTs are non-fungible, meaning two NFTs cannot be exchanged for one another. This non-fungibility has given rise to a market centered around collectibles.

NFT appears in forms such as photography, music, digital art, collectibles, 1:1 art, tickets, memberships, game avatars, and domain names. NFTs can include generative art, original art, or a series of images ( like trading cards ). NFT creators can choose the minting method, location, and quantity based on the intended use.

The value of NFTs comes from community demand and scarcity. Like artworks, rarity makes NFT ownership extremely valuable. NFTs can also provide utility, including access to communities, metaverses, and games that require tokens for entry. NFTs can be used for voting, providing proof of ownership, and more. In certain scenarios, NFTs can also serve as collateral.

As the possibilities of Web3 continue to expand, new NFT use cases will keep emerging. NFTs can be used by investors as tradable portfolios and help in the distribution of royalties. NFTs are not only used for collection, trading, and gaming, but also to prevent fraud and support staking in decentralized finance.

The success of NFT projects relies on the power of the community. NFT(, especially 1:1 NFT art), is becoming a bridge between the traditional real-world art community and digital blockchain art. As more people understand and appreciate the potential of NFTs, online communities are bringing more users into the Web3 world.

The Unique Value of 1:1 NFT

When minting an NFT, creators can choose to issue a series or a single/multiple versions of artwork. When a single artwork has only one version, this NFT is referred to as a 1:1 NFT.

Unique 1:1 NFTs usually have a higher market value than individual NFTs in an entire collection due to their uniqueness (, which also drives the growth of market demand. Another reason 1:1 NFTs receive attention is that these NFTs often come from artists who bring their fans and communities into the market, which not only increases market demand and interest but also demonstrates the importance of providing a more familiar purchasing and trading experience. Additionally, unique benefits may further promote the development of 1:1 NFTs, as some NFTs offer VIP privileges for events or physical artworks.

Moonbeam provides infrastructure for user-friendly development of applications and projects that offer liquidity in Web3, extending into the NFT space. The 1:1 NFT model is transforming the field and has the potential to address a range of issues, such as how artists receive royalties during transactions and how fans purchase artworks.

On Moonbeam, a certain NFT marketplace focuses on providing users with creative freedom. They have been committed to "developing fully functional products starting from the testing platform, creating a simple, easy, and exciting experience for users."

The representative of the platform stated: "To this end, we have designed creative features that include various categories of NFTs, including 1:1 NFTs. These unique NFTs will benefit from all the features currently in testing and new features that will be launched soon. Our goal is to support all forms of creation, allowing users to focus on their art, games, brands, or other visions. We provide technical support to enable them to enjoy the creative experience."

![New NFT Gameplay: Cross-chain and 1:1 NFT Artworks on Moonbeam])https://img-cdn.gateio.im/webp-social/moments-29a3954eda38424d048571f6e0feb253.webp(

Artists on Moonbeam

Although the number of 1:1 NFTs is small, they are introducing the community as part of the "fan" journey into Web3. This is a collaborative experience that bridges the gap between the art world and the communities that support art. A typical example of this process is Angela Pencheva collaborating with the Moonbeam ecosystem to mint on a certain NFT marketplace and showcase her work on other platforms.

Angela Pencheva is an artist, NFT creator, and designer, currently working on her first 1:1 NFT project on Moonbeam. Pencheva resides in Sofia, Bulgaria, and received an invitation to participate in an NFT project while working as a UI/UX designer, which ultimately helped her work appear in two successful NFT projects.

Traditional artists are migrating their communities to the Web3 space through 1:1 NFTs. From this perspective, as more users open cryptocurrency wallets and use these currencies for transactions, 1:1 NFTs are likely to facilitate broader adoption of blockchain technology.

"As the NFT world increasingly emphasizes practicality—often a challenge for artists," said a head of an NFT platform, "we will provide long-term support for NFTs on the platform and future integration with the metaverse. This way, we can offer practicality, allowing artists to focus on creating artworks, unleashing their creativity, and telling their stories with peace of mind."

Artists interested in the NFT space can collaborate with the Moonbeam team or market participants who have experience in building online communities, minting NFTs, and using related tools such as Discord, Telegram, etc. during the transition from Web2 to Web3.

Despite the challenges of learning technical terminology, the minting process, gas fees, usage methods, and how to set up a wallet, Pencheva still believes that entering the NFT space is the best thing that has happened in her career. The biggest difficulty in entering this field is bridging the gap between the art world and the digital blockchain world as an artist.

The entry of physical art and its fans into the digital realm marks a shift in how people use NFTs and the potential future direction of NFTs. The focus of NFTs is no longer solely on obtaining short-term profits through the buying and selling of simple digital images and randomly generated artworks, but rather on the quality of these works and the authenticity of the artists.

Build on Moonbeam

Moonbeam played a key role in helping Pencheva transition to Web3. After conducting her own research and deciding which Layer 1 blockchain to build on, the Moonbeam team immediately set to assist her. According to Pencheva, it was the unique interconnectivity contract strategy that ultimately led her to choose the Moonbeam platform.

"As an artist, I see so many chains being developed in the Web3 space, so I don't want to limit my NFTs to a single Layer 1 chain. But with the help of interconnecting contracts, I can significantly reduce the risk of choosing where to publish my NFTs, because as long as they are on Moonbeam, they can interact with other chains," Pencheva said.

The Moonbeam ecosystem and the overall community atmosphere of Dotsama have also attracted Pencheva. She explained, "Everyone has been very open and supportive of me, and willing to help, which is just perfect for someone like me who is new to this field."

Moonbeam continues to support ecosystem development through cross-chain interconnection contracts and the practical application of Web3 concepts such as NFT, decentralization, and community. Building user-friendly applications will continue to simplify interoperability between blockchains and promote the widespread adoption of blockchain technology ) in the art world ( through 1:1 NFTs.

![New NFT Gameplay: Cross-chain and 1:1 NFT Artworks on Moonbeam])https://img-cdn.gateio.im/webp-social/moments-d13d6fbc50937bf1127962f70791e36f.webp(