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

Updated: 25 June 2024

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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.

ᵢₙₜᵣₒdᵤcᵢₙg Portals: a new platform that gives our community the power to bridge their NFT to several supported chains.https://t.co/j3j6L62iVY pic.twitter.com/TOCy4lWjf9

— goblintown (@goblintown) June 24, 2024

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.