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 helps traders find the best deals for perpetual contracts on different exchanges. LogX works with Mux Protocol GMX, Gain Network, and HyperLiquid. This means you can trade without needing separate accounts for each platform. LogX takes a small cut of 0.1% from the position size of the trader’s collateral.
This platform made its new LogX Network public. LogX Network is a super-fast network layer changing how people trade derivatives. It handles over 20,000 trades every second and creates new blocks in less than 100 milliseconds. LogX also teamed up with Hyperlane to fix the problem of spread-out liquidity in Ethereum.
Hyperlane lets you borrow cash without needing much collateral. You can also trade with more money than you own and skip showing your ID. It also features a high-end trading setup for professionals. Hyperlane links with various blockchain networks to simplify money transfers. Hyperlane connects smart contracts on different blockchains. It moves ERC-20 tokens and NFTs between networks. LogX can use Hyperlane’s system to enable cross-chain interactions.
2) Elfin Metaverse
Elfin Metaverse offers a cross-chain eSports gaming platform. This open-world metaverse project aims to combine traditional gaming with blockchain technology. It mixes assets and gameplay across different networks.
Elfin Metaverse wants to give players a smooth gaming experience across different blockchains. It offers players a place where they can do lots of stuff. In its open world, you can fight daily, join tournaments, and hang out with friends. It uses blockchain technology to connect different networks. Elfin and Pambicoin are working to bring the Pambii meme characters into Elfin games.
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Pambicoin (PAMBI) is a digital asset that helps use sustainable resources and initiatives. It currently costs $0.00012. Pambicoin wants to reduce its carbon footprint and support green crypto projects. Elfin Metaverse is teaming up with Pambi Coin to roll out mini-games with Pambii characters. They’re trying to connect the meme economy and GameFi.
Elfin Games and Pambicoin say they’ll make cool new games for their players.
3) Kima Network
Kima Network is changing how financial institutions and Web3 apps use blockchain technology. By connecting different economic systems, Kima creates a more linked DeFi ecosystem. It moves money that settles trades between chains using regular wallet accounts as money pools instead of smart contracts.
Kima tokens maintain the network by setting the prices of network actions and countering attacks. Kima Network has partnered with Tea-Fi.
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Tea-Fi helps people get DeFi and attracts more users. Its control panel monitors assets and holds tokens to pay for gas. Tea-Fi uses Zero-Knowledge (ZK) to keep things hush-hush. It also has pools for cash flow and works on many different chains.
Tea-Fi wants to use Kima’s gadgets to move money between various money systems. Kima Network will connect Tea-Fi’s money setups, making it easier for Tea-Fi users to move funds around and manage their investments. This team-up wants to help you get a better grip on cash and where to put it.
4) FuelOnBlast
FuelOnBlast is a system that helps people start new tokens. It gives native liquidity loans on the Blast platform. FuelOnBlast makes it easy to launch tokens. It handles the complex parts of setting up smart contracts. You don’t need to know anything about smart contracts beforehand. FuelOnBlast and SoonVerse have joined forces to develop new ideas for gamers.
SoonVerse (ticker symbol SOON) is developing a gaming platform that uses AI to improve it. AI helps with all game creation, allowing SoonVerse to create new games. You can buy SOON for $0.0051 at the time of publishing this article. SoonVerse is a gaming platform that uses AI to help make P2E games.
FuelOnBlast and SoonVerse are teaming up to combine SoonVerse’s AI gaming tech with Fuelonblast’s token launch. This team-up also aims to boost both platforms.
5) Omnia Protocol
Omnia Protocol builds blockchain node infrastructure. It prioritizes security for Web3 apps, protecting users from front-running and sandwich attacks. Omnia also uses blockchain nodes and privacy relayers as safe API gateways.
People who own nodes can sign up for their nodes through Omnia’s website. Privacy-preserving relayers then index these nodes. Omnia ensures smart contract security through audits and bug bounty programs.
Omnia Protocol provides a reliable and productive blockchain for its users. It teamed up with GT protocol. GT Protocol provides lots of crypto packages. It uses AI to check out markets and improve trading. The GT protocol lets you access CeFi, DeFi, and NFT markets. They want to get 100 million people using it by 2027. GT protocol token, $GTAI, costs $0.81 at the time of publishing this article.
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GT’s plan is solid, with a good base for the GTAI Investment and Web3 Funds 2.0. To keep the GT protocol safe, they do checks and give rewards for finding bugs. When Omnia Protocol and GT Protocol team up, it will lead to many new ideas. GT Protocol’s AI will run on Omnia’s RPC service, making it safer. GT’s AI assistant will use Omnia’s learning platform to improve trading plans. This partnership is set to shake things up in a good way.
Omnia cares a lot about keeping things private and secure. This team-up with GT’s AI technology will create a robust system that works well. Omnia and GT Protocol want to make investing and using their services better for people.
Conclusion
We have covered this week’s partnerships, which include AI, gaming, and DeFi protocols. Stay glued to Altcoin Buzz for the next update.
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.