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Cosmos Ecosystem to Launch Interchain NFTs via $270K Incentivized Testnet

Interchain NFTs, powered by the ICS-721 update to the IBC protocol, will be the fourth publicly incentivized testnet for the Cosmos Hub as registration opened on Feb. 15 with a 20,000 ATOM prize pool.

The event, entitled Game of NFTs, is an endeavor designed to create a two-phase initiative to test the application of ICS-721 in a practical sense. Phase 1 is open now through the testnet, and phase 2 will contain a hackathon that includes developers from Amazon Web Services (AWS), HashKey Capital, and IDG Capital. Phase 1 of the Game of NFTs is scheduled to kick off on March 1st, 2023, and will last around a month.

Validators and developers will be testing Interchain NFTs across multiple IBC-compatible chains, including IRISnet, Stargaze, Juno, OmniFlix, and Uptick.

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