There is a new announcement from RECUR about its expansion to the Avalanche blockchain. This will enable RECUR users to move their NFTs to Avalanche, and use them across wallets, marketplaces, and other applications built on the Avalanche blockchain.
Through the integration of RECUR and Avalanche, RECUR is paving the way for the seamless flow of intellectual property from the world's most recognizable brands across Web 3.0 communities in a new era of interoperability. Avalanche is also expanding the NFT Royalty Standard, EIP 2981, co-authored by RECUR, into the Avalanche ecosystem.

"We are thrilled to announce our partnership with Avalanche, which will give RECUR NFTs the opportunity to travel and participate in the eco-friendly and rapidly growing ecosystem of Avalanche," said Zach Bruch, CEO of RECUR. In light of the fact that we are growing our NFT offering in the metaverse, it is crucial that creators maintain their royalties wherever their NFTs go as we continue to expand our NFT offering.
In order to further support artists, creators, and IP that is coveted by both crypto-native and mainstream audiences alike, RECUR will work closely with Avalanche, as well as their ecosystem partners, such as marketplaces, games, and metaverses, to adopt and implement the EIP 2981 NFT Royalty Standard.
As part of the effort to make NFTs mainstream, brands will need partners that understand the demands that come with passionate fanbases as well as the need for a seamless, secure, and eco-friendly platform that enables them to succeed. According to John Nahas, Vice President of Business Development at Ava Labs, RECUR and Avalanche are the best candidates for ushering them on-chain.
The NFT experiences powered by RECUR have been used for some of the most beloved IP in the world, including Paramount, Star Trek, Nickelodeon, Hello Kitty, Care Bears, college sports, and a whole host of others.
As of Wednesday, May 25th 2022, users will be able to make deposits and withdrawals with Avalanche as a blockchain deposit and withdrawal option natively enabled in their RECUR accounts without any need to take any additional action.
In order to learn more about RECUR's Multi-Chain Deposits & Withdrawals functionality, please click here.
RECUR's mission and vision
RECUR is a technology company that designs and develops dedicated branded experiences that enable fans to buy, collect, and resell a variety of digital products and collectibles (NFTs).. RECUR is the only blockchain-agnostic NFT platform in the world that offers its brand partners the widest range of distribution as well as the widest range of utility for their fan bases. RECUR has also contributed to the development of the recurring royalty standard for NFTs, that allows creators, artists, athletes, and brands to participate in the secondary sales of their assets in perpetuity through recurring royalties
RECUR has also contributed to the development of the recurring royalty standard for NFTs, that allows creators, artists, athletes, and brands to participate in the secondary sales of their assets in perpetuity through recurring royalties
Avalanche: What it is and how it works
In addition to being the fastest smart contract platform on the blockchain as measured by time-to-finality, Avalanche also has the largest amount of validators securing its activity among all proof-of-stake protocols. Any smart contract-enabled application can outperform its competition by deploying on Avalanche. It is blazingly fast, low-cost, and green.
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Source prnewswire