Recently, nine altcoin projects have come to the fore with significant partnerships. Here are the critical developments and partnerships for altcoins…
FastLane partners with altcoin Polygon
“FastLane on Polygon” is designed to reward validators for maintaining the strength of the Polygon Blockchain. The protocol aims to monetize transaction congestions, thereby increasing successful trading transactions and reducing transaction spam. This development is an important step towards a healthier Polygon mesh. With 24% of the validators on the Polygon Blockchain already committed to the FastLane protocol, Fastlane Labs continues to provide robust, efficient and user-friendly solutions to its community.
AI and Web 3 technologies unite
The digital world is currently witnessing an unprecedented convergence of two powerful technologies. In a new announcement that will redefine the landscape of NFTs, DeFi, GameFi and DApps, FoxGPT and REI Network have announced a strategic partnership. This partnership aims to leverage the unique strengths of both platforms by creating a synergy that will foster innovation in the rapidly growing crypto market.
Polygon collaborates with Hang and Flipkart
Polygon Labs, an important platform providing software solutions and creative services, has started a collaboration with Hang and Flipkart. Hang is an easy-to-use forum that allows organizations to develop membership projects. Flipkart is a well known loyalty organization in India. The ongoing partnership aims to make an effective loyalty project. The purpose of the respective program will be to involve a large number of new consumers in the Web3 ecosystem.
QuickNode collaborates with Chainlink Labs
QuickNode, a leading blockchain infrastructure provider and end-to-end Web3 development platform, has entered into a partnership with Chainlink Labs, developer of Chainlink Network. QuickNode will offer QuickNode Credits to Chainlink BUILD projects to easily build RPC endpoints and access key Web3 services, tools, and developer resources in a 22-chain ecosystem.
Alchemy Pay joins aelf
L1 network aelf has started a partnership with payments giant Alchemy Pay. Alchemy Pay announced the collaboration in a Medium blog post. The platform noted that the latest collaboration has begun to offer a convenient and simple method for indoor and outdoor launchers of fiat currency. According to the company, decentralized applications (dApps) and developers in the aelf ecosystem plan to gain significant benefits from this collaboration.
MARBLEX will cooperate with NEAR
MARBLEX, a leading blockchain service for hosting flawless AAA games, recently announced a collaboration with the NEAR Foundation. In the statement, it was stated that NEAR and MARBLEX will operate mutually to explore special opportunities. According to the company, the collaboration will allow it to deliver the MRBLEX WARP Bridge. The related project provides MBX (platform’s native crypto) related services to the NEAR ecosystem. The latest collaborator of MARBLEX is a Swiss non-profit platform. It is dedicated to supporting the development as well as governance of the NEAR Protocol. It is an open source and climate-neutral L1 Blockchain of NEAR Protocol. The corresponding Blockchain has significant scalability, security and speed.
Canada’s largest university partners with altcoin Ripple
To support the next generation of the crypto industry, the University of Toronto, Canada’s largest university, plans to form a new partnership with Ripple to establish an independent XRP registration validator that primarily processes payments. According to a press release, the move is part of Ripple’s University Blockchain Research Initiative (UBRI) in Canada, with the firm aiming to invest more than $2 million in the country’s top universities and colleges over five years.
DWF Labs and altcoin TRON solidify ecosystem solidarity
Global crypto asset market maker and multi-stage Web3 investment firm DWF Labs has announced its partnership with TRON, the leading blockchain network focused on decentralizing the Internet through decentralized applications (dApps). As part of this partnership, DWF Labs has become a liquidity provider for TRON. It further increased blockchain ecosystem support. DWF Labs has partnered with TRON as a liquidity provider. It aims to contribute to the growth and development of the TRON ecosystem and facilitate better accessibility of the Blockchain network for all TRON users and community members.
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