About Wrapped NFT
A Wrapped NFT is a digital representation of a non-fungible token (NFT) that has been locked in a smart contract to enable its value or utility to be used on a different blockchain network. This process facilitates NFT interoperability, allowing assets to be traded on alternative marketplaces or utilized within decentralized finance (DeFi) applications across various ecosystems such as Ethereum, Solana, Celo, Polkadot, Stacks, and Kadena. By wrapping an NFT, users can bridge assets between chains that are not natively compatible, expanding the liquidity and utility of the underlying digital collectible.
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