In the ever-evolving world of altcoins, strategic partnerships have become the driving force behind innovation and expansion. Here are six new developments that highlight the power of collaboration in the crypto space:
Important partnership from Animoca behind altcoin APE
Animoca Brands Japan, a subsidiary of blockchain gaming software company Animoca Brands, aims to expand Japan’s Web3 gaming industry. To achieve this goal, the company is partnering with Drecom Corporation, known for creating popular gaming applications such as “ONE PIECE Treasure Cruise.” This collaboration aims to bring games with famous intellectual properties (IP) to international markets and explore the game “Eternal Crypt – Wizardry BC”.
Popular altcoin SHIB and BAD became partners
Bad Idea AI (BAD), Shiba Inu’s official AI partner, is making waves in the crypto world. Following the recent announcement of the launch of a cold wallet, BAD became the third most viewed crypto on CoinMarketCap. This news increased the price of BAD by 17.7%. Thus, it revealed the increasing interest in artificial intelligence-based cryptocurrencies.
Ripple Labs will help Georgia with CBDC
On the other hand, the National Bank of Georgia (NBG) listed Ripple Labs among nine companies for the Central Bank Digital Currency (CBDC) pilot project “Digital GEL”. The project aims to test the feasibility and potential applications of a CBDC system, in which Ripple’s expertise in blockchain technology plays a key role.
Idris Elba discovers cryptocurrencies
Famous actor and filmmaker Idris Elba follows the developments in the crypto world closely. Known for his on-screen versatility, Elba has now turned his attention to the potential of Blockchain technology, demonstrating the growing celebrity interest in the crypto space. While many celebrities jumped on the crypto bandwagon during the crypto boom, Elba remained cautious, according to Wired. Earlier this month, it explores the potential of blockchain technology for financial inclusion, particularly in West Africa. For this purpose, it has partnered with the Stellar Development Foundation. cryptokoin.com As we reported, Stellar is the organization behind the altcoin XLM.
Idris Elba and the Stellar Development Foundation have teamed up. Why? Because real recognize real…opportunity. Explore the Stellar network.
— Stellar (@StellarOrg) September 14, 2023
Arbitrum Foundation and Fracton became partners
Arbitrum Foundation, the organization behind the ARB altcoin and advocate of Blockchain technology, also took action. Because in Japan, Arbitrum came together with Fracton Ventures to introduce scaling solutions. This partnership aims to leverage the untapped potential of Japan’s Blockchain ecosystem, encouraging innovation and growth.
ARC8 and Hooked Protocol collaborated
Finally, the move came from GAMEE’s (a subsidiary of Animoca Brands) digital arcade platform Arc8. Because it will host gaming events with a $50,000 altcoin prize pool. It is partnering with Hooked Protocol (HOOK) for this purpose. This collaboration demonstrates the increasing integration of Blockchain technology into the gaming industry. It also creates exciting opportunities for gamers and crypto enthusiasts alike.
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