Today, a number of DeFi projects, including Chainlink (LINK), have signed important partnerships. The blockchain gaming industry is also working hard for a stronger Web3. You can find hot partnership news from 15 altcoin projects in this article.
Chainlink (LINK) and Matrixdock partnership
Matrixdock, a prominent sub-brand under the Matrixport Group, announced its integration with Chainlink (LINK) Proof of Reserve (PoR). Matrixdock is a digital asset platform that provides access to real world assets through tokenization. In the latest development, Chainlink (LINK) has completed the integration of Proof of Reserve (PoR) to increase the transparency of its tokenized Treasury Bill (T-Bill) offering.
LINK price is currently trading at $8.03, up 7.5% from the last 24 hours. Meanwhile, it increased its weekly earnings to 17%. LINK had risen in double digits with the latest news of a new protocol.
IOST and Lifty partnership
IOST, the enterprise-grade Blockchain application platform, announced its partnership with Lifty, the Web3 gaming platform. The collaboration aims to leverage Lifty’s transparent Blockchain analytics and innovative Web3 marketing tools to empower players and increase Blockchain adoption.
The collaboration of the two holds great promise for both the gaming and blockchain industries. IOST will integrate Lifty’s transparent Blockchain analytics and GamerScore marketing tool. Thus, it aims to improve the general acceptance of Blockchain technologies. This move will provide players with a more transparent and reliable gaming ecosystem. It will also bring the potential of Web3 technologies to Blockchain enthusiasts.
Read more here: https://t.co/Ch8Nf1xZHU
— Lifty (@lifty_io) July 27, 2023
OKX Wallet and DeFi Land partnership
OKX Wallet has added gaming-themed DeFi project DeFi Land to its portfolio. DeFi Land is a game that brings the complex decentralized finance universe into farming simulation.
The partnership gives players direct access to the DeFi Land game through OKX Wallet’s web extension and Discover Portal. Specifically, this portal, available on both mobile and web platforms, showcases an impressive collection of 10,000+ dApps, Blockchain based games, NFTs, DEXs and various other essential tools.
BREAKING: @okx PARTNERS WITH @SolanaFndn TO LAUNCH @solana "ECOSYSTEM WEEK" – @RaydiumProtocol, @marginfi, @JetProtocol, @JupiterExchange, @MeteoraAG, @AuroryProject, @DeFi_Land, AND @cypher_protocol INTEGRATE @okx WALLET TO SUPPORT THE @solana ECOSYSTEM AND DEVELOPER COMMUNITY pic.twitter.com/NObfQnZqfu
— DEGEN NEWS 🗞️ (@DegenerateNews) July 27, 2023
OKX Wallet and Trait Sniper partnership
In another partnership, OKX Wallet announced its collaboration with Trait Sniper, an NFT analysis tool and trading platform. The integration of the two platforms provides comprehensive NFT analytics and seamless trading experiences. The unique feature of Trait Sniper lies in its analysis bot that scans NFT collections. With this integration, OKX Wallet users will now have access to a wide range of cutting-edge NFT analytics.
TaskOn and Manta Pacific partnership
Providing solutions in the field of DeFi, TaskOn has successfully integrated with Manta Pacific. This strategic alliance is poised to significantly increase the growth of Web3 startups. It also empowers them to launch effective promotional campaigns that increase brand visibility and attract a wider user base.
🚀TaskOn is now LIVE on #MantaPacific testnet! We're thrilled to expand our unique L2 ecosystem with @taskonxyz.
Dive in, start your journey, and experience the power of ZK and modularity. Don't forget to grab our exclusive souvenirs!
👉https://t.co/toPxEvvJDD https://t.co/npU9y9Wf0F
— Manta Network (🔱,🔱) (@MantaNetwork) July 26, 2023
Plexus and XY Finance partnership
Popular cross-chain DEX platform Plexus has launched a partnership with XY Finance. By participating in this collaboration, Plexus will integrate the XY Finance bridge. On the official Twitter account of Plexus, the platform announced that the respective collaboration will offer flexible functionality in case of cross-chain exchange.
According to Plexus, the partnership will allow unique access to a variety of projects. He also added that this will increase the efficiency of asset management.
Daisie and NEAR Foundation partnership
Daisie collaborates with the NEAR Foundation, which aims to support content creators in the rapidly evolving Web3 world. This partnership comes as transformative technologies like Blockchain and AGI redefine the connection between art and technology.
We are thrilled to announce a partnership with @NEARProtocol, aimed at advancing education, opportunity, and awareness for creators venturing into the Web3 space.
👉 https://t.co/KkmFtrYhGq pic.twitter.com/aBiMXOctMk
— Daisie (@daisie) July 25, 2023
Crypto.com and Line partnership
Cryptocurrency exchange Crypto.com has announced that it has partnered with Japanese messaging app Line in a deal to expand its exchange’s presence in Asia-Pacific. According to the press release, it plans to use Line’s vast network of around 200 million monthly active users.
The two companies also plan to explore business opportunities such as strengthening crypto payment offerings and NFT integrations. Crypto.com sees Japan and the wider APAC region as markets with excellent growth potential. It has already begun to attract the attention of the important crypto community.
🤝Major Partnership Announcement! 🤝https://t.co/vCNztATSCO and LINE Xenesis have signed a Memorandum of Understanding to drive crypto technology across Asia Pacific and beyond! 🚀
Get all the details on this exciting collaboration 👇https://t.co/RNHeINx9UV pic.twitter.com/WokFimAnJ6
— Crypto.com (@cryptocom) July 26, 2023
Palau government and Ripple partnership
Palau Finance Ministry FinTech Project Manager Jay Hunter Anson shared a live demonstration of the Palau stablecoin (PSC) used in the XRP Ledger (XRPL). He emphasized that the public can use the stablecoin in a digital wallet just as they use fiat currency. The Palau stablecoin, a US dollar-backed stablecoin, has the same value as the dollar. It will allow the public to spend the dollar with an e-wallet.
Republic of Palau 🇵🇼 Stablecoin (PSC) Pilot Project FAQ
🇺🇸 1. What is the Palau Stablecoin (PSC)?
A stablecoin is a token that is fixed in value to another asset. The Palau Stablecoin (PSC) is a digital asset fixed in value to the U.S. Dollar. It can be used just like you use… pic.twitter.com/x0aVl1Vfew
— Jay Hunter Anson (@JHX_1138) July 26, 2023
Deloitte and Chainalysis partnership
Deloitte, a UK-based fraud and financial crime advisory services company, has partnered with Chainalysis. Through the partnership, Chainalysis’ Blockchain datasets, analytics software and training programs will assist Deloitte’s clients. Chainalysis explained that the main purpose of this partnership is to help more organizations adopt Blockchain technology. In addition, the collaboration is aimed at common clients of companies, including law enforcement, financial institutions and regulators.
Proactively engaging our team BEFORE an incident like a hack occurs means you'll be in the best position to recover funds if it happens. We're on call for @Dolomite_io https://t.co/AJpkLtdMY8
— Chainalysis (@chainalysis) July 26, 2023
Blumer and NEAR Foundation collaboration
In another development, the NEAR Foundation announced its collaboration with Blumer, Colombia’s leading Web3 social platform. This alliance marks the birth of a new social media era.
The duo aims to challenge traditional norms by emphasizing user privacy, pay, and learning. This partnership will not only promote a user-centric approach. It also envisions a broader, inclusive digital horizon for Latin America.
REI Network and Fortify Crypto partnership
REI Network, the EVM-compatible blockchain platform, announced its collaboration with AlphaGPT. The REI team stated that the crypto world is witnessing a rapid evolution with innovation and integration of cutting-edge technologies.
Cooperation will provide customers with additional trading opportunities. Additionally, the partnership offers a consumer-friendly interface, simplifying the trading experience for both professional and new users. REI Network also expressed the expectation that this will attract a wider consumer base for both parties.
REI Network added that the collaboration has the purpose of providing a smooth, zero-fee offering, and highly performing blockchain framework.#AI #Trading $REI @GXChainGlobal @AlphaGPT_https://t.co/KSmr50bwle
— Blockchain Reporter (@blockchainrptr) July 26, 2023
EOS Network and Block.one partnership broken
The EOS Network Foundation (ENF) has announced its intention to take legal action against Block.one, the creator and original seller of the ERC-20 token, for allegedly failing to protect $1 billion. The decision to sue comes after ENF’s extensive efforts to engage with stakeholders and ensure that Block.one is held accountable for its promises. In a public letter penned by ENF’s Founder and CEO, Yves La Rose, the organization outlined three different ways community members can participate in efforts to address Block.one’s alleged incompatibility.
IMPORTANT UPDATE ON THE LAWSUIT AGAINST @B1
➡️ The ENF is preparing a suit against B1 for failure to follow through on its $1B commitment
➡️ B1 is attempting to settle a separate lawsuit for $22M. You may need to opt out to be eligible to participate in the ENF’s lawsuit pic.twitter.com/uMnUVyRu4M
— Yves La Rose (@BigBeardSamurai) July 26, 2023
Sui Foundation announces termination of partnership with MovEx
In another separate news, the Sui Foundation reported that its partner MovEx found that it moved 2.5 million SUI tokens from the Sui team to different wallets in three transactions. MovEx improperly used its SUIs in violation of the token locking protocol. Based on this, the Sui Foundation terminated its cooperation with MovEx. MovEx will no longer receive SUI and is no longer the main developer of DeepBook.
Crypto tokens are a bedrock of any blockchain economy and are critical to a network's security, operation, and growth.
At the genesis of a new chain, an initial portion of native tokens are put into circulation for transferring, staking, and holding. Additional tokens are then…
— Sui (@SuiNetwork) July 27, 2023
cryptocoin.comIn this article, we have included other prominent news of the day, especially from the altcoin market.
