On December 3, news of new partnerships and listings from Vechain to Chiliz was announced from every corner of the altcoin market. In this article, let’s list the developments that you should definitely check out as you move forward over the weekend.
Here are the latest developments from the altcoin market
Vechain expands partnership with tennis professionals association
In an announcement on December 3, VeChain (VET) announced that it will expand its partnership with the Association of Tennis Professionals (ATP) to increase brand awareness in Europe. VeChain’s aim in partnership with ATP is to reflect its brand image to the European market. It also targets industry-leading companies that want to leverage Blockchain technology for their sustainability initiatives. VeChain announced the partnership in principle during the week of the Nitto ATP Finals held from November 13 to November 20. In the report dated December 2, he shared the goals with the community in detail.
This altcoin project received the first stablecoin from Brazil
Brazil’s largest cryptocurrency exchange Mercado Bitcoin (MB) has announced the launch of its first stablecoin, MBRL, reportedly backed by real. According to the announcement, the MBRL stablecoin is built on Stellar (XLM). However, the exchange stated that the MBRL stablecoin will be made available on other blockchains in the future.
Merkle Science and Polarys partnership
Merkle Science, a predictive Web3 platform, announced on December 3 that it has formed a partnership with Polarys, which provides membership-based NFTs to businesses and individuals who want to interact with Web3 and Blockchain. The partnership will specifically serve to prevent fraud by using behavioral transaction monitoring and risk reporting solutions.
Chiliz partners with FanFest for Chiliz Chain 2.0
Fan token Chiliz (CHZ) recently joined forces with FanFest to promote Chain 2.0. According to the announcement, new football-related NFTs will be released after Chiliz 2.0 (CC2) goes live. The mainnet for the updated Chiliz Blockchain will be ready in a week. At this point, football fans will be able to try it before the World Cup ends. The partnership between Chiliz and FanFest is strategic as FanFest has worked with Europe’s top football teams like Paris Saint-Germain (PSG) and Manchester City (Man C) last year.
BitKeep Wallet announces partnership with OpenSea
BitKeep Wallet has released an official press release about a strategic partnership with NFT marketplace OpenSea. With this collaboration, NFT investors can buy BNB using the BitKeep Wallet. Both platforms will launch their new ventures on BNB Chain with the aim of increasing market liquidity through integration. The BitKeep plugin specifically enables users to trade NFTs directly on OpenSea without paying extra transaction fees. Thus, it was officially integrated into OpenSea as a multi-chain wallet.
Venus Protocol and PancakeSwap partnership
Venus Protocol and PancakeSwap have joined forces for seamless token swap functionality in the DeFi crypto lending/borrowing protocol. Meanwhile, the first of the two-part integration is complete with one-click cashback functionality on the way. Thus, this integration as part of Venus’ v4 upgrade brings more convenience and efficiency to users. This partnership opens new doors in token exchange especially for BNB Chain users.
Bitcoin․com and Poly Network partnership
Bitcoin.com has formed a mutually beneficial strategic partnership with Poly Network to support Bitcoin.com’s Verse ecosystem. Meanwhile, Poly Network is a decentralized and reliable interoperability protocol for heterogeneous Blockchains. Verse is Bitcoin.com’s ecosystem token, which is currently live on getverse.com. Through the partnership, Verse will accelerate the growth and expansion of the Bitcoin.com ecosystem, which includes an award-winning news portal with over 2.5 million monthly readers.
Virginia-based luxury car dealer has partnered with this altcoin
BitPay recently announced that it has partnered with Virginia-based luxury car dealer ‘Exclusive Automotive Group’. In this context, BTC, ETH, MATIC and other tokens, including SHIB, will be accepted as payments.
Avalanche and Alibaba partnership
cryptocoin.com As we have reported, Avalanche, one of the largest L1 altcoin projects, announced its partnership with Alibaba. As part of the partnership, Alibaba will support Avalanche validators and achieve a new technology infrastructure.
listing news
FPFT, SNFT, BFT and Bitcicoin are listed on Poloniex, a global crypto exchange. Deposits for FPFT, SNFT and BFT will open at 12:00 on December 5th. Listing and sales start at 14:00 on the same day.
Bitcoin deposits open at 12:00 on December 5th. Poloniex users will be able to trade on Bitcoin at 14:00 on the same day.
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