Holoride, a German in-car entertainment company developing immersive virtual reality experiences for passengers, has launched a cross-chain bridge between the MultiverseX blockchain and Ethereum. This new bridge allows users of Holoride’s in-car VR platform to seamlessly transfer digital assets such as the RIDE token and NFTs between the two different blockchains.
According to Holoride’s CEO and co-founder Nils Wollny, this cross-chain interoperability unlocks more freedom and flexibility for holders of the RIDE token to engage with the Holoride ecosystem however they choose, whether staking on Ethereum or trading and storing on MultiverseX. Wollny expressed excitement about bridging these two worlds to provide RIDE holders with expanded opportunities.
Holoride’s in-car VR platform combines virtual reality, blockchain technology, and real-time vehicle data to create a fully immersive new media format for passengers. The company aims to offer a wide range of experiences from games to educational content that leverage its syncing of VR worlds with actual vehicle motion.
The RIDE token is a key part of Holoride’s vision, designed to connect various stakeholders across the ecosystem including platform subscribers, content creators, business partners like Audi, and more. Following a partnership with German race driver Laura-Marie Geissler, Holoride launched an NFT collection with halves minted on MultiverseX and Ethereum, demonstrating the possibilities.
By going live with this cross-chain bridge on October 31st, RIDE also became available on the Ethereum-based DEX Uniswap, further increasing its accessibility and trading liquidity across platforms. Overall, this latest move to bridge blockchains signals continued innovation by Holoride to provide users with more interconnected blockchain functionality and freedom.
#Holoride #MultiverseX #Blockchain #Virtualreality #Ethereum #Crosschain
