A few projects from the altcoin market have reached new collaborations with Blockchain-savvy countries like Hong Kong. In particular, DeFi platform TrustSwap is launching a long-term partnership with ANote Music, Europe’s leading music copyright purchasing platform.
Blockchain tech news: These 11 altcoins announce new partners
Floki and BitGo partnership
Popular meme token Floki has announced a strategic partnership with BitGo. BitGo is a major exchange that offers crypto custody solutions and financial services. It currently manages more than $64 billion in assets.
BitGo stated that the related partnership will bring benefits to Floki and its platform. In this regard, the collaboration will help the company increase the adoption rate of its native crypto token FLOKI. As Floki envisions, this effort will ensure the token is widely accepted by institutional and individual investors.
ThunderCore and Steer Protocol partnership
ThunderCore and the innovative computing protocol Steer Protocol have joined forces. The partnership will see ThunderCore adopt the Steer Protocol’s ‘Automated Multi-Position Liquidity Management (ALM)’ product. This product provides new profit opportunities to investors by offering active liquidity management. ThunderCore aims to maximize liquidity in its ecosystem by working with Steer Protocol’s multi-site ALM product.
OggyInu and Chainlink partnership
Community-focused altcoin project OggyInu has announced its integration with Chainlink. OggyInu plans to use Chainlink’s decentralized oracle services. In this integration, OggyInu will use Chainlink’s Price Data for popular pairs like BTC/USD, BNB/USD, ETH/USD and LINK/USD.
OggyInu’s Founder expressed their confidence in the collaboration, “We chose Chainlink. Because it is one of the world’s leading tokens and its technology is widely accepted. “For OGGY, we always prioritize the best user experience.”
Golem Network and Reality NFT partnership
Golem Network has announced its partnership with Reality NFT, which allows users to create NFTs that represent real-world assets. New objectives include the introduction of the new Golem Pass. Alongside this comes the integration of a Blender-based service that uses Golem Network’s computing resources to create personalized building animations.
Konrad Bujak, Product Lead for Showcase at Golem Network, said, “As a technological partner, we are proud to help the Reality NFT project leverage Golem Network’s capabilities. By partnering with Reality NFT, our primary goal is to provide value and support for them in the decentralized solutions space as we develop Golem together with our partners.”
Helio Protocol and Synclub partnership
Web3-based payment platform 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 in the DeFi world.
In addition, the platform also has a unique foundation-building strategy with the corresponding merger. At this time, the company has not given any name to this foundation. But according to the platform, the foundation is expected to be fully established in just a year. Helio states that this move will lead to significant changes in the operational structure of the company.
zkPass and Polyhedra Network partnership
zkPass has announced a strategic partnership with Polyhedra Network. The details of the partnership are not available; however, the duo is most likely aiming to work together in the same direction. The aim is to increase interoperability between Web2 and Web3 ecosystems in particular. In addition, Polyhedra Network and zkPass aim to revolutionize the verification of private data.
Polygon collaborates with the government of India
In another hot development, the Indian government has partnered with Polygon and Airchains to develop a Blockchain-based land ownership system. Under this agreement, Polygon will collaborate closely with government agencies and stakeholders to explore and implement Blockchain solutions, particularly across various industries.
The primary purpose of the partnership is to improve existing government initiatives. It will also be to use Polygons’ expertise in scalable Blockchain infrastructure to streamline operations. Airchain, one of the leading players in the logistics industry, also plays a vital role in the partnership between Polygon and the Indian government. The company will collaborate with Polygon to facilitate and optimize the movement of goods in the Blockchain powered ecosystem.
BitgetX cooperates with the Hong Kong government
BitgetX announced that it has formed a strategic partnership with the Hong Kong Virtual Asset Rating Agency (HKVAC). As an independent professional credit institution, HKVAC provides credit ratings for cryptocurrencies. This collaboration includes formulating compliance management standards for exchanges. Patrick Pan, co-founder and CEO of BitgetX, has this to say about the partnership:
At BitgetX, we are committed not only to being a part of the crypto industry, but also to shaping and guiding its future. At the same time, a compliant and secure digital assets ecosystem with a particular focus on supporting the Web3 industry in Hong Kong is one of our core missions.
TrustSwap and ANote Music partnership
DeFi platform TrustSwap has announced the exclusive launch of ANote Music, Europe’s leading music copyright buying marketplace. ANote Music allows individuals to participate in partial ownership of music copyrights. The partnership will give ANote Music access to TrustSwap’s vibrant and engaged community. With the help of TrustSwap, ANote will release its own ANOTE crypto, which is available for community-exclusive pre-sale, on the Backstage Pass program.
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