The preferred multi-chain development platform on PolkadotMoonbeamannounces an agreement with ZeitgeistXCMIntegration, introduce ZTG Token into Moonbeam. This integration will enable liquidity to flow between the Moonbeam and Zeitgeist networks within Polkadot and enable remote chain integration through Moonbeam’s interconnect contracts.
Zeitgeist is an open prediction market platform built on Polkadot’s Substrate blockchain framework, allowing users to easily create and participate in markets in various fields. Through the XCM connection, Zeitgeist brings a dynamic tool for assessing, testing and implementing changes, which will open up novel use cases and collaborations within the Moonbeam ecosystem.
This integration means that Moonbeam end-users can leverage the power of prediction markets for governance, decision-making and data exchange, thereby enhancing the capabilities of the Moonbeam ecosystem in prediction, decision support and data-driven applications.
ViaMoonbeam Routed Liquidity and Cross-chain Messaging (XCM) and other innovative technologies, Moonbeam has become an important hub between different parallel chains. This interconnected nature is a game-changer for blockchain networks, allowing assets to be easily shuttled between different parachains (including those associated with Ethereum and other blockchains), thereby increasing liquidity.
Moonbeam integrations, like the one with Zeitgeist, enable developers to experiment and create, knowing they can easily source resources from different chains to spur innovation. As a result, the Polkadot ecosystem is becoming more flexible and powerful, promoting the development of DeFi, NFT and a large number of other blockchain applications.
About Moonbeam
Moonbeam is a smart contract platform for building cross-chain interconnected applications that can access users, assets and services on any chain. By integrating functionality from Ethereum, Cosmos, Polkadot and more into a single platform, Moonbeam solves the problem of fragmented user experiences today, unlocks true interoperability, and lays the foundation for the next generation of applications. The Moonbeam platform uses integrated cross-chain messaging to allow developers to create smart contracts that access multiple remote blockchain services. In this way, Moonbeam's developer-friendly EVM platform, various tool support and Substrate architecture are combined to provide an ideal development environment for building interconnected applications.
About Zeitgeist
Zeitgeist is an open prediction market platform built by Polkadot’s blockchain framework Substrate. Zeitgeist is not just a prediction market platform, but a complete ecosystem for the prediction market track. Users, ideas and markets can all be easily created. Zeitgeist will provide developers with an open protocol to create applications specific to their market.