Bitcoin is trading around the 56k region. In the meantime, Ethereum is testing support at 4500 dollars. The Fear & Greed Index is indicating Fear in the crypto market.
Here is your Top Crypto News for the day.
1) CARTESI Partners with IOTEX
CARTESI is partnering with IOTEX, the blockchain for the Internet of Things. Above all, they think this partnership can help them to realize their true potential.
Here is how. First, they will:
- Provide solid use cases to the technology
- Enhance Robust technical integrations
- Optimize supply chain logistics
- Increase the accessibility of Linux OS, that can fuel more developer adoption
CARTESI OS can provide strong security and privacy layer to IOTEX. Lastly, it improves the environmental sustainability of IOTEX, as a blockchain.
We're incredibly excited to announce our partnership with @iotex_io!
Learn how we're implementing #Cartesi technology to provide IoT services with blockchain's security and safety benefits, plus our upcoming ideathon for #DutchBlockchainWeek: https://t.co/3eY9tvakog
— Cartesi (@cartesiproject) December 2, 2021
IOTEX is a blockchain creating the Internet of Trusted Things. In fact, it creates secure interaction between humans and machines.
CARTESI is the pioneer of Operating Systems on the blockchain. In other words, CARTESI brings the mainstream software to the blockchain.
2) Efinity Welcomes Amasa
Secondly, Amasa is partnering with Enjin, one of the leaders in blockchain gaming and NFT. The partnership aims to:
- expand the adoption of NFTs
- and the Play to Earn economy.
Amasa works to integrate micro income streams with the metaverse. In fact, by doing this Amasa increases mass adoption of Web 3.0 platforms. Lastly, the platforms can reward the users and bring a DeFi investment aspect to it.
🔥📢 Announcing #Amasa's new partnership with leading #NFT and #gaming platform @Enjin 🤝🔥
The partnership will benefit users of projects within the Enjin and @EfinityIO ecosystem and involve technical integrations between Amasa and Enjin 🎮🌐🚀
More 👇 https://t.co/hxqTCqbBgR
— Amasa (@Amasa_io) November 30, 2021
3) ALGORAND Ecosystem is Expanding
Third and last for today, Borderless Capital announces the $500M ALGORAND fund. Consequently, the fund is focusing on building the next generation D-apps on ALGORAND.
Borderless Capital is one of the top investors focusing on ALGORAND. Above all, this initiative complements the $200M ALGO Fund I, launched in 2019.
We are excited to announce the launch of our $500M Borderless ALGO Fund II!https://t.co/EP0U6Ib8HV pic.twitter.com/okXf6GBFo8
— Borderless (@borderless_cap) November 30, 2021
$ALGO is the native token of the ALGORAND ecosystem. The token has a circulating supply of 6.2 Billion and a Maximum supply of 10 Billion. $ALGO has a market cap of 11.7 Billion dollars and is trading near 1.8 dollars.
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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. This article has been sponsored by Cartesi. Copyright Altcoin Buzz Pte Ltd.