7 altcoins, including Polygon (MATIC), are forming new partnerships to strengthen especially in the Web3 field. Hot developments from the altcoin market are as follows.
New partnership news from MATIC and Quant
OKX and Manchester City partnership
and Manchester City and OKX, leaders in Web3 technology, have decided to extend their partnership. As part of the deal, OKX will feature on the left sleeve of the men’s and women’s professional team jerseys. However, it will also feature in other digital and physical products.
OKX’s partnership with Manchester City began in March 2022. It expanded for the first time in July 2022, becoming the club’s official training kit partner for the 2022/23 season. The latest deal was unveiled at a special event at the Etihad Stadium with Ferran Soriano, CEO of City Football Group, and Haider Rafique, OKX Global Marketing Director. Manchester City legend Gaël Clichy was also on hand for a Q&A with the media.
Quant Network and Rosalind partnership
Quant Network company has launched its own platform, called Overledger, which is used in Bank of England’s CBDC project and Bank for International Settlements’ Rosalind Project. The Rosalind project is testing how APIs can facilitate individual payments in CBDCs and support the search for innovative use cases for CBDCs.
In particular, the project examined a public-private partnership model, in which the public sector would provide the basic infrastructure and the private sector would develop consumer-oriented applications.
Quant Network’s official website has this to say about it:
We contributed to the design and development of API features to support innovation and enable programmability in the private sector. We worked with our partners UST, a leading digital transformation firm, on the project, and the Quant team created the Rosalind API level for the UST user interface while providing the underlying infrastructure and blockchain platform, secure smart contracts and central bank ledger interoperability.
Helio Protocol and Synclub partnership
Helio Protocol has announced that it has merged with Synclub.io (a forum that provides PoS infrastructure). The related merger focuses on creating a unified entity to advance the future of LSTs, particularly in the centralized DeFi world. In simple terms, the foundation will focus on managing the entire revenue stream of Helio and Synclub. This will bring unprecedented levels of compliance and oversight of the platform’s operations.
The relevant compliance covers all key verticals of the company’s operations. In this context, the integration of business development, risk management and security will be combined under a unified plan. However, the company plans to issue a governance token with the latest foundation in mind.
SubQuery and Sei Network partnership
SubQuery has announced a strategic partnership with Sei Network, a Layer 1 Blockchain. This collaboration will revolutionize the way developers access on-chain data and offer lightning-fast access to key business information.
The partnership also heralds a new era of opportunities for developers. It enables them to leverage Sei Network’s valuable on-chain data. Sei Network was the industry leader with processing 20,000 orders per second. Therefore, the need for fast access to on-chain data is very important.
YouSUI and SuiGame partnership
YouSUI, an all-inclusive platform running on Sui, has officially announced a strategic partnership with SuiGame. The partnership focuses on providing a user-friendly and unique gaming experience, especially in the decentralized world.
YouSUI mentioned that the platform is a decentralized ecosystem focused on games. According to YouSUI, the respective game ecosystem creates a strong bond between gamers and games. In addition, he announced that SuiGame has plans to introduce 3 core protocols.
One of them will be installed to deal with NFT aggregation. Secondly, the wallet will cope with defragmentation. Following that, protocol 3 deals with game rewards. The protocols mentioned above aim to provide convenience to users. They would facilitate the transition of gamers and games from the old Web2 to the latest Web3 sector. In this respect, they would minimize barriers to entry.
Power Browser and zkGames partnership
Power Browser is compatible with zkGames, a pioneer in the GameFi arena, developed on ZkSync technology. This powerful combination of the two key players is poised to radically transform our interaction and gaming experiences on the Blockchain.
A key advantage of this partnership is a highly expanded game library, which is now easily accessible to Power Browser users. This new horizon offers players the opportunity to explore a wide variety of blockchain-optimized arcade minigames courtesy of zkGames. With an ever-increasing selection of games at their fingertips, users are ready to immerse themselves in endless entertainment.
Polygon Bags and Government of India cooperate
Sandeep Nailwal, founder of Polygon, recently tweeted about the importance of Web3 use cases. In his tweet, he highlighted an important development in the Indian state where he has partnered with Airchains and Polygon Supernets.
Nailwal pointed out that especially in India, illegal land document changes cause problems. He also stated that it has caused numerous landowners to fall victim to fraudulent activities. He emphasized that leveraging blockchain technology can effectively solve this problem.
Finally, cryptocoin.com We have included the hot issues Binance is facing in Australia in this article.
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