There are new partnership news from Worldcoin, Floki and MultiversX. The hot developments of May 12 from the altcoin market are as follows…
Worldcoin and Optimism Collective partner
The Worldcoin Foundation and Tools for Humanity (TFH) announced that they have partnered with Optimism Collective to develop a scalable Blockchain ecosystem built on top of the OP Stack.
The partnership specifically aims to bring the Superchain vision to life. The first step will be the deployment of World ID, a decentralized, privacy-first identity protocol on the OP Mainnet. The move is expected to expand reach and help Worldcoin reach the wider ecosystem of developers and users.
Worldcoin’s Optimism collaboration started a year ago with EIP-4844, which aims to reduce L2 fees by a factor of 10. The two are now working together to create container and open identity primitives that can be used by Superchain and any application. The partnership aims to realize an inclusive future that unlocks the full potential of crypto and advances the development of identity in Blockchain.
Spielworks announces partnership with this Web3 focused altcoin
Encryption startup Spielworks has announced the launch of its Web3 game accelerator “Wombat X.” Partners of the accelerator include Cronos, Web3 infrastructure service provider Newcoin, and EOS Network. Other investors include Avicenne, Lifty, and Beamable.
Web3 game projects selected for Wombat X Accelerator will receive funding, education and community engagement with players. Headquartered in Berlin, Spielworks was founded in 2018 by Swen E. Hallasch and Adrian Krion.
This altcoin has partnered with ITTF
Floki recently announced a strategic partnership with ITTF World Table Tennis (WTT). The collaboration aims to introduce the Floki brand to an astonishing user base of over 500 million people. It also aims to launch the cryptocurrency to new levels of recognition and popularity.
With its innovative FlokiFi solution and Valhalla GameFi, Floki has gained a lot of attention in the cryptocurrency market in a relatively short period of time. By partnering with ITTF WTT, Floki is preparing to spread its potential to a wider audience.
The partnership between Floki and ITTF marks an exciting chapter for both parties. Floki’s reach of 500 million table tennis user base presents a remarkable opportunity for growth.
JewelSwap uploads various products to MultiversX
MultiversX has launched a partnership with JewelSwap (a P2P NFT lending liquidity platform). According to the announcement, JewelSwap continued to be instrumental in deploying several products on the platform. While discussing the purpose of the relevant move, the platform mentioned that it was done to increase the value and utility of NFT.
MultiversX also noted that this development will play an important role in expanding the opportunities related to the DeFi industry. Apart from that, the company revealed that this was done by JewelSwap for a limited time only. He added that the significant additions to MultiversX by JewelSwap are quickly gaining significant attention.
As we quoted as Kriptokoin.com, Optimism (OP) will unlock $324 million at the end of May.