Espresso launches Presto, a cross-chain solution, and initiates cross-chain NFT minting.

Rollups infrastructure layer Espresso Systems has announced the launch of the cross-chain trading solution Presto. Through Espresso's fast finality, Presto can reduce cross-chain latency to within 2 seconds. At the same time, the Espresso Foundation is collaborating with Rarible and BAYC developer Yuga Labs' blockchain ApeChain to launch the first seamless cross-chain NFT minting based on Espresso technology on ApeChain and RARI Chain. This minting will be carried out in two phases on the Rarible platform integrated with Presto.

The first phase has started, with the RARI series NFTs issued on ApeChain. Users can use funds on RARI to mint NFTs on ApeChain without manually cross-chaining funds or paying Gas fees. Minting with RARI requires a cost of 0.001 ETH (approximately 3 USD).

The second phase will begin on December 15, with the ApeChain series launched on RARI Chain, allowing users to mint using ApeChain funds.