Truth Arts Launches A New Platform Letting NFT Holder Move NFTs Across Ethereum Chains

Truth
Arts,
the
digital
asset
incubation
studio
and
the
company
behind
the
popular
Goblintown
and
Illuminati
non-fungible
token
collections
has
launched
a
new
platform
that
lets
non-fungible
token
holders
bridge
their
NFTs
across
the
Ethereum
ecosystem.

Truth
Arts
Launches
Portals

In
a
June
24
blog
post,
Trust
Arts,
also
known
as
Truth
Labs,
confirmed
launching
a
new
platform,
Portals,
that
gives
the
Illuminati
and
Goblintown
communities
the
power
to
bridge
their
non-fungible
token
collections
across
several
supported
chains
in
the
Ethereum
ecosystem.

Established
in
2022,
the
Trust
Labs
is
a
web3
incubation
studio
that
came
into
the
spotlight
during
the
historic
2021
bull
run
after
the
launch
of
goblintown
non-fungible
token
collections.
During
the
launch,
its
creators
were
anonymous,
making
the
crypto
project
somewhat
controversial.

Truth
Arts
is
a
home
of
several
non-fungible
token
collections,
including
the
187,
a
non-fungible
token
collection
featuring
a
limited
supply
of
187
digital
items
hosted
on
the
Ethereum
network
and
Secret
Society,
an
exclusive
NFT
collection
of
5,000
Unique
Mafia
NFTs.

Other
digital
collections
from
Truth
Labs
also
include
Grumpl,
a
non-fungible
tokens
collection
built
on
the
Ethereum
blockchain
network
featuring
3,828
digital
items;
Illuminati,
a
collection
of
8,128
generative
NFTs;
and
Goblintown,
a
non-fungible
token
collection
of
1000
NFTs
hosted
on
the
Ethereum
chain.

The
Truth
Labs’
flagship
non-fungible
token
collection,
Goblintown,
went
live
on
May
20,
2022.
In
the
span
of
just
a
few
days,
this
unabashedly
irreverent
project
saw
all
10,000
of
its
freely
minted
pieces
claimed.
The
NFT
collection
has
since
gained
massive
traction
among
traders.

From
the
start,
the
founders
were
upfront
about
the
nature
of
this
project.
On
the
official
website,
the
team
outlined
their
plans
in
bold
letters:
“No
roadmap.
No
Discord.
No
utility.
Truth
Labs
resurfaced
again
last
year
after
introducing
a
new
plan
letting
holders
migrate
their
NFTs
to
a
smart
contract
that
ensures
the
complete
payment
of
creator
royalties
on-chain.

What
Is
Truth
Arts
Portals?

Truth
Arts
is
back
in
the
limelight
with
a
new
platform
called
“Portal”.
The

new
platform
will
allow
non-fungible
token

investors
holding
the
Goblintown
and
Illuminati
non-fungible
tokens
to
bridge
their
NFTs
across
the
Ethereum
ecosystem.
The
NFT
holders
can
now
switch
their
NFTs
across
Base,
Arbitrum,
Polygon,
Blast,
Optimism
and
Solana
blockchain
networks.

Portals

Portals

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