By
Top Crypto Partnerships- July Week 4
https://ift.tt/W5dqfz6
The more they partner with notable projects, the better their utility. We have five partnerships for this week.
Let’s look into them and check the possible results of these crypto partnerships.
1) LogX
LogX is a perpetual contract trading platform that simplifies trading by aggregating various exchanges. Its fee is 0.1% per trade, and you can trade without juggling many positions. LogX ramps up its smoothness by leveraging AI for swaps between blockchains. Peckshield takes on the task of running safety checks, a top concern for LogX.
LogX’s crew joined forces with Thetanuts Finance. Together, they kicked off a considerable promo, tossing out 500 $NUTS and 1500 $LOGX to get folks excited. To win, you can take part in a quest on the Galxe platform.
Source: X
Thetanuts Finance offers trading options for altcoins, including vaults, LP tokens, a lending market, and an AMM. It aims to make options trading easy and profitable, with possible $NUTS token rewards.
LogX and Thetanuts now collaborate to attract more users and grow their reach in the DeFi market. Combining LogX’s trading features with Thetanuts’ focus on altcoins will help attract more users and boost trading volume.
2) LiveArt
LiveArt links the art market with distributed systems. It offers artists, collectors, and enthusiasts an NFT marketplace and studio. The “$ART” token helps with governance and unique rewards.
LiveArt sets out to shake the current art scene and lead the future Web3 art and collection domain. It collaborates with Layer3, an app that makes engaging with Web3 easier by giving out quests. Layer 3 lets you finish “quests” and get prizes like tokens. While you’re at it, you learn about blockchain technology.
Source: X
LiveArt and Layer3 have chosen to start a series of 30 quests. You can rack up points in the “$ART Points Universe.” By grabbing awesome art, participants can stack up their ART points giving their activity on LiveArt a nice bump.
This collaboration aims to increase user activity on the platform and give back to the community as Season One goodies close. It’s an excellent way for LiveArt to bring game-like elements into the art world, using Layer3’s system to handle the quests and rewards.
3) Laika AI
Laika AI merges AI with blockchain technology to simplify and enhance the user experience in crypto. It offers analytics to analyze and forecast blockchain-based transactions and the market. It makes examining live portfolios, balances, transaction histories, and assets accessible.
Laika AI offers smart contracts to help you tackle fraud. It teamed up with Neurochain AI, an independent platform delivering AI tools and services, to spark improvements in AI computing and enhance blockchain options.
Source: X
This partnership results in some primary outcomes:
- Tech collaboration.
- Enhanced Laika AI capabilities.
- Initial successes for Neurochain AI.
- An expanded network.
The partnership aims to expand blockchain capabilities. It will achieve this by combining Laika’s expertise with Neurochain’s AI computing solutions. Neurochain AI offers a platform that simplifies the creation of AI-powered dApps. Neurochain speeds development up to 24 times and slashes costs compared to standard practices. It provides handy tools such as an SDK, AI models, and excellent data.
4) Arcana Network
Arcana Network aims to simplify Web3 by supplying tools to streamline onboarding and blockchain actions. Arcana’s SDK boosts apps’ connectivity and drops wallet add-ons. Developers use Arcana’s SDKs because they simplify deals and reduce gas fees.
Arcana Network teams up with Nubit to enhance scalability and cross-chain capabilities. By doing so, they’ll combine Arcana’s tools and easy sign-in tech with Nubit.
Source: X
For the user, you can transfer items from one chain to another and log in with minimal issues. Using $BTC, Nubit is designing a scalable data layer that can handle different apps in blockchain technology. We’re discussing tech, digital social spaces, and gaming finance. Using Zk proofs, Nubit improves its game based on trust and data security. It is ready to cater to a world where there are loads of blockchain connections.
5) Omnia protocol
The Omnia Protocol gives you safe and private access to blockchain networks. It uses API gateways comprising blockchain nodes and privacy relayers to let you interact with various blockchains. You can set up and manage your RPC nodes through an easy-to-use interface, connecting you to blockchain networks. Omnia ensures that your data remains secure.
Omnia Protocol teams up with Mantle Network, which impacts blockchain features and security. This team-up lets users create safe $MNT RPC endpoints, making Mantle Network trading safer. The partnership aims to give users a secure system by backing Mantle’s design with an optimistic roll-up and new data handling methods. This setup helps those trading on Mantle make more money and makes blockchain use safer.
Source: X
Mantle Network is an Ethereum roll-up that aims to speed up dApp adoption. It provides an L2 solution solution on Ethereum, combining security with better scalability and user experience. The Mantle Treasury and Governance Model gives token holders the power to shape product development. Mantle’s design makes creating and launching dApps easier. It takes advantage of Ethereum’s robust nature while offering better performance to users.
6) Bitfinity network
Bitfinity Network is a Layer 2 solution on the ICP. The EVM gets stitched into Bitcoin to set up some smart contracts. This combination speeds up transactions and asset flipping from Bitcoin across various networks. The method relies on threshold signatures, which improves security. The network also uses “Runes,” a new way to make fungible tokens on the Bitcoin blockchain.
Bitfinity joined forces with OrangeLayer to increase blockchain adoption. This partnership combines Bitcoin’s cryptoeconomic safety with Ethereum’s EVM ecosystems.
Source: X
OrangeLayer also has a staking model through which users can stake BTC, wBTC, and others to secure BPS on various blockchains. By incorporating Bitcoin smart contracts with the Ethereum Virtual Machine, Bitfinity aligns with OrangeLayer’s goals.
That’s all for the partnership roundup for the week. Stay tuned for more updates on Altcoin Buzz’s crypto collaborations.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
The post Top Crypto Partnerships- July Week 4 appeared first on Altcoin Buzz.
news
via Altcoin Buzz https://ift.tt/lfgHjau
August 2, 2024 at 05:19AM
August 2, 2024 at 05:20AM
via Altcoin Buzz https://ift.tt/W5dqfz6