The cryptocurrency market is reversing a rough start of June. The fact that Bitcoin has forced the peak of recent months has also activated the altcoin market. In this article, you can find partnership news that added additional gains to today’s double-digit rally.
Here is the latest partnership news supporting the altcoin rally
Gods Unchained and Epic Games partnership
Gods Unchained, the Web3 card game from Immutable Games, is now available on the Epic Games Store. With the new announcement, the game touches 230 million more users. Gods Unchained is a card game similar to Hearthstone. Each card is represented by an NFT on the Ethereum layer-2 network Immutable X.
The listing comes at a time when Web3 publishers continue to counter the hostile actions of Steam, the world’s largest distributor of PC games. Meanwhile, Gods Unchained executive producer Daniel Paez sees the Epic Games roster as a pivotal moment in gaming history.
Ripple licensed from Singapore
Blockchain company Ripple has announced that it has received in-principle approval for a Large Payment Institution License from the Monetary Authority of Singapore (MAS). The altcoin company says it will allow it to further scale its use of its crypto-enabled On-Demand Liquidity (ODL) platform.
Stu Alderoty, Ripple Chief Legal Officer, said, “We are pleased with Singapore’s moderate regulation. With their licensing framework, they understood to establish a clear classification for cryptocurrencies, to balance the need to protect the interests of consumers with the need to protect the integrity of markets, and to do so in a way that encourages innovation and investment.” said.
OKX and Majesticks GC partnership
Crypto exchange and Web3 company OKX has announced a sponsorship agreement with one of the new LIV Golf League teams, Majesticks GC. As part of the partnership, OKX became the first global and Web3 sponsor of Majesticks GC. Accordingly, the crypto exchange and the golf team will collaborate in their efforts to increase fan engagement and experience.
Shibarium and Bad Idea.AI partnership
Shibarium and artificial intelligence tool Bad Idea.AI have announced a new partnership. According to the official announcement:
Thanks to this BAD community who gave us great information about AI for our upcoming projects. Alongside our other partners like Unification (and some projects that I believe will add great value to Shibarium) we now have a strong toolset and blueprint for decentralization that includes AI. I can’t thank you enough.
Bad Idea.AI’s cryptocurrency BAD gained over 60% after the news.
NUVO and Orange Protocol partnership
NUVO and Orange Protocol have joined forces with the vision of increasing user engagement in the Web3 space. Combining Orange’s innovative reputation mechanisms with NUVO’s gamification tools, the collaboration aims to create a highly interactive and rewarding user experience on both platforms.
The centerpiece of the collaboration is its campaign, which encourages users to actively participate in NUVO and the Orange Protocol. Participants will be able to earn tokens by completing tasks such as following companies on social media and retweeting campaign posts.
To participate in the campaign, users need to register and create a Nuvo account. Next, you should follow Nuvo’s official Twitter account. With tasks like this, you will be able to earn the altcoins offered by the campaign.
Ankr and liquid staking move
Introducing Liquid Staking in 2020, Ankr continues to offer staking opportunities across multiple networks. Ankr Staking has introduced omnichain liquid staking in a new move. Thus, it is poised to transform the DeFi field by offering users flexibility and control.
The primary focus of Ankr Staking is to enable users to stake their assets across different networks. By doing this, the platform offers users new options for staking. Ankr Staking enables users to maximize their earnings while maintaining the highest level of security and reliability.
Ankr Staking represents the largest market capitalization for BNB Liquid Staking today. Also, it currently offers the highest APY for ETH Liquid Staking.
Animoca Brands and Celo partnership
Animoca Brands, a leader in the web3 and crypto gaming space, announced its partnership with Celo. The collaboration aims to accelerate the adoption of Web3 technology while emphasizing sustainability and social impact. Animoca Brands joins the Celo ecosystem, expanding to more than 6.4 billion mobile users worldwide.
The crypto gaming company will also gain capabilities such as financial inclusion, innovative project development. It also contributes to adoption through education campaigns focused on Blockchain at the local and regional levels.
Energy Web and Polkadot partnership
Energy Web is partnering with the Polkadot ecosystem to expand its range of decarbonization products. The nonprofit aims to break into the Polkadot network and create the framework for its groundbreaking technology called Energy Web X.
The integration of Energy Web aims to enhance the current range of tools and thereby strengthen efforts to promote the adoption of sustainable practices. Moreover, by adding Web3 technology to its system, Energy Web will significantly increase its cybersecurity measures, taking advantage of the decentralized nature of the approach.
Palmswap and Gotbit partnership
Palmswap, the Binance Smart Chain-based DEX, has partnered with Gotbit Hedge Fund. An undisclosed amount on July 5 will be allocated from Gotbit through the issuance of Palmswap Liquidity Provider and automatic staking. Prize pools open from 27 June.
Palmswap v2 provides significantly more capital savings than other alternatives. The Gotbit platform will serve Palmswap’s liquidity needs.
OPNX and 3AC Ventures partnership
Finally, the partnership of OPNX and 3AC Ventures has been an unwelcome collaboration by the crypto community. The June 21 tweet detailed plans to expand beyond its current capacity, detailing that the aim of the partnership is to develop the OPNX ecosystem. The co-founders of the OPNX exchange are Kyle Davies and Su Zhu of 3AC and Mark Lamb, CEO of CoinFLEX. The collaboration between the two is garnering backlash from the community as they are tainted with bankruptcy.
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