The blockchain and cryptocurrency ecosystem showed its strength once again this week. As Bitcoin touches $25,000, a number of key Web3 players from Audius to Aptos are forming notable partnerships. Here are the news to follow from 5 Web3 coin projects…
Web3 coin news to watch out for this week
In the first news, Web3 music platform Audius announced that it has added support for TikTok. With the integration, new users can create an account on Audius by linking their TikTok profiles. Additionally, Audius will be connecting with TikTok to increase its reach and reach a wider audience.
cryptocoin.com We have included the details of the development and the price movements of Audius in this article.
Aptos launches new program with Outlier Ventures
Aptos has opened applications for the Aptos x Outlier Move Accelerator Program. The program will take place face-to-face at Aptos Labs headquarters in Palo Alto. It will also give priority to developers who build using the Move language.
Web3 accelerators have become more and more important in the ecosystem. It will support early-stage initiatives by providing funding, mentoring and other resources.
“We see strong synergy between the Aptos Foundation and our goal of helping to educate and inform startups on how to develop and manage their businesses,” said Jamie Burke, Founder and CEO of Outlier Ventures.
Rooted Web3 coin project goes to shrink
In a development that could cause negative price movements, Dapper Labs reported that it will reduce its staff by 20%. Dapper, the parent company of NBA Top Shot, is also on the agenda with a critical decision from the USA. Top Shot NFTs filed collectively were deemed securities by the judge.
Following the announcement, Flow (FLOW), the blockchain on which NFTs are deployed, fell in double digits in terms of price.
Polygon – Eclipse partnership
Ethereum scaling protocol Polygon (MATIC) is partnering with Eclipse to launch Polygon SVM, the first scaling solution equivalent to Solana. Eclipse, a Polygon Ventures portfolio company and a Solana Foundation grant, will install the Sealevel virtual machine (SVM) Layer 2 Blockchain for Polygon SVM.
The collaboration will allow dApps built for Solana to be easily migrated to Polygon SVM or multi-chained. It will offer users a faster and more efficient experience.
Google partnered with this Web3 coin company
In a final, but important development, Google Cloud has partnered with the Tezos Foundation. This partnership aims to grow Web3 application development and introduce new services for customers. Additionally, Google Cloud plans to make it easy for all customers to become Tezos “bakers” or network validators.
“As an ecosystem, Tezos has built a reputation in corporate and B2B recruiting,” said Mason Edwards of Tezos. XTZ price rallied up to 5% after the news.
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