Investing.com – Mosaic Chain has secured the 73rd parachain slot on the Relay Chain, marking a key step toward its mainnet launch.
The Budapest-based blockchain project will be connected to Polkadot for roughly 96 weeks, from July 3, 2024, to May 8, 2026, during which it will benefit from Polkadot’s economic security and interoperability through the XCM protocol.
The parachain slot was won with a placeholder runtime that will be upgraded as development progresses. Mosaic Chain plans to launch its testnet soon, which will beta-test new features, including an NFT-based Consensus Mechanism. The testnet will allow for refining these features before they are implemented on the mainnet.
Mosaic Chain also plans to launch ‘Mosaic Alpha V2,’ its first decentralized application (dApp), offering decentralized portfolio management through Token Baskets that integrate tokens from , Binance Smart Chain, and Polkadot ecosystems.
