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BCH $469.31 (4.36%)
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Co-Founder Billy Markus Eyes NFT and ETH Bridge For DOGE Expansion

Billy Markus Eyes NFT and ETH Bridge For DOGE Expansion News
  • Dogecoin Co-Founder Billy Markus aims to explore Ethereum bridge and NFTs to expand DOGE adoption.
  • This would push the DOGE token to operate on top NFT marketplace like OpenSea.

Dogecoin (DOGE) Co-Founder Billy Markus seems to have a huge interest in non-fungible tokens (NFTs) and the Ethereum bridge. To clarify, Markus is currently sighting on the Ethereum bridge and NFTs to swiftly expand DOGE tokens adoption and its use case.

Leading to this synergy, on Sept 30, Markus expressed his view about how important it is to complete the Ethereum-DOGE bridge. Adding more, Markus aims to achieve this milestone so that Dogecoin could also operate via heavyweight Ethereum-based NFT platforms like OpenSea. If this happens, users can trade NFTs directly with DOGE.

Also, he said that NFTs are in “high demand” in the crypto market these days. Thus, this can highly influence NFT purchases in exchange for DOGE to help push its mainstream utility.

In addition to this, the DOGE-ETH bridge would allow users to transfer DOGE tokens directly from the Dogecoin blockchain to the ETH network. In essence, doing this will even enable users to transact their DeFi and NFTs assets via ERC-20 DOGE token contracts.

Commenting on this matter, DOGE investor Vitalik Buterin mentioned the bullish potential that Ethereum-bridge can bring to DOGE in an interview. He said,

If DOGE wants to somehow bridge to Ethereum, and then people can trade DOGE thousands of times a second inside a loop ring, then that would be amazing.

Going back to the Markus tweet, the crypto community questioned him if the bridge is already operating. In reply, he just answered that “people are working on the DOGE-ETH bridge”.

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Karikari Daniel is a writer who follows the crypto industry closely. He loves fish stew and Real Madrid. He believes in cryptocurrency’s potential to transform the money landscape in his native country Ghana.