An altcoin project on the list of tech billionaires like Mark Cuban has announced its new partner, with which it will build the next Blockchain-based Facebook and Twitter.
Altcoin bought by billionaires makes moves for decentralized social media
Rariko, a Polygon (MATIC) based wallet communication protocol, announced a strategic partnership with AcknoLedger. Rariko and AcknoLedger enable Rariko to offer an innovative UX for NFT transfer. However, it will provide several benefits in terms of community growth and community communication.
RariKo is a decentralized social messaging platform that allows users to create an identity, socialize with other Blockchain networks and access all their favorite communities in a few clicks. Using the Polygon network, RariKo has great potential as it is compatible with all EVM Blockchains and Solana.
Rariko protocol aims to create social interaction platforms like Twitter or Facebook
The altcoin project, unlike its peers, plans to build it on Blockchain technology. Also, thanks to its compatibility with all EVM chains and Solana, it has a wide range to deploy its platform to. Automated communities on the Rariko platform have instant token access with real-time authentication (RTAA) and anti-phishing checks.
Users of the Rariko platform can exchange NFTs through chats and earn event-based rewards. Since all links shared by administrators must be signed by their wallets, users are 95% less likely to be targeted by a phishing link, the Rariko platform is able to protect its users from phishing scams.
As a result, the Rariko protocol is expected to help more Web3 users join the Polygon network, which is already making a significant impact in global markets. Also, major Web2 companies have chosen Polygon to enter the Web3 market. cryptocoin.com We have included the high-profile companies that Polygon has partnered with in this article.
How about Polygon (MATIC)?
The Polygon (MATIC) network continues to attract the next generation of DeFi applications and especially those related to NFTs. It is home to hundreds of DeFi applications with around $1.18 billion in terms of TVL, according to the latest market data. The altcoin project soon attracted top DeFi projects such as AAVE, Quickswap, Balancer, and Uniswap V3.
As more regulation enters the market, the cryptocurrency market has yet to be fully embraced by mainstream users. Polygon (MATIC) has gained nearly 50% in the last 30 days following the January crypto aid rally. With a market cap of approximately $11.5 billion, the Polygon network is well positioned to attract global developers to push the ecosystem forward.
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