Projects that stay at the top always form partnerships with innovative projects. These partnerships aim to check certain tasks and updates off their roadmap list.
Let’s look at this week’s crypto partnerships and what they aim to achieve from their joint efforts.
1) Bitfinity network
Bitfinity is an Ethereum Virtual Machine (EVM) built on the Internet Computer (ICP). It helps with fast and low-cost cross-chain transactions and supports decentralized applications. Bitfinity connects Ethereum smart contracts with ICP for quick transactions and low fees. It is an easy-to-use platform that provides a friendly environment for developers.
Bitfinity network partnered with Moonberg AI to bring some utilities on board. Moonberg AI uses artificial intelligence to provide insights into the crypto market. For example, it utilizes Artificial Intelligence to enhance its users’ research by analyzing on-chain data. Besides analytics, Moonberg AI is a Web3 knowledge platform like ChatGPT.
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This partnership will enhance security, speed up transactions, and provide better market insights. It will help both platforms and improve the DeFi market.
2) Laika AI
Laika AI combines AI with blockchain to boost cryptocurrencies and DeFi security. It tracks real-time transactions, analyzes smart contracts, and monitors popular NFTs. Laika AI also provides phishing protection.
Laika AI recently teamed up with Aurory AI. Aurory AI lets developers create and deploy custom AI agents on blockchains. It simplifies the process with an easy-to-use interface and APIs.
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Laika AI and Aurory AI have partnered to enhance Web3 and AI applications. This integration will allow you to interact with on-chain functions and AI agents. It enhances user experience and investment decision-making using artificial intelligence. It creates a more advanced and integrated ecosystem for developers and users.
3) Kima Network
Kima Network simplifies cross-chain transactions by utilizing native wallet accounts as liquidity pools. It operates on your chosen blockchain through synthetic tokens. However, Kima does not allow the use of a standard smart contract for interchain interactions. Instead, it seeks to enhance Dapps by providing a platform for developing cross-chain applications.
Kima Network has joined forces with Wow Earn to introduce some new features. WOW EARN is a platform that allows users to earn and use cryptocurrencies. It features an EVM-compatible blockchain supporting DeFi-related activities. It also offers a unique free mining process that doesn’t need expensive hardware. Additionally, it has extensive knowledge of blockchain technology.
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Both platforms will promote increasing their product visibility and usage. After the upcoming TGE, WOW EARN will integrate Kima’s cross-chain technology. Incorporating cross-chain capabilities, WOW EARN plans to improve its functionalities and usability. WOW EARN users can make transactions with safety practices in place. The partnership would promote a more creative Web3 environment.
Conclusion
Crypto projects usually form partnerships to bring new ideas to life or work on existing protocols. Bitfinity, Laika, and Kima networks partnered with projects that can improve them and vice versa. These Crypto partnerships are set to push different blockchain sectors forward.
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 levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of 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.
