During the last 24 hours, various innovations have attracted attention in three altcoin projects. In this article, we will share the partnerships in the ANKR, SAND and ADA ecosystem. Here are the details…
ANKR partners with ssv.network
The first development we will discuss is related to Ankr (ANKR). Ankr, one of the oldest Blockchain infrastructure providers, announced that it has partnered with ssv.network, a high-end distributed validator technology infrastructure protocol. With this partnership, Ankr will leverage ssv.network’s verifier management technology to advance risk management and verification of system performance. Combined with the Ankr liquid staking concept, this technology implementation is set to provide unmatched monetary security for assets in Ankr’s liquid staking mechanisms.
Ssv.network Leader Alon Muroch announced that he is excited about the partnership and vision of the Ankr team. Merge is finally enabled on the Ethereum (ETH) mainnet. Therefore, staking is becoming an important part of crypto entrepreneurship. In contrast, liquid staking, the most cost-effective staking methodology, is expected to see a massive influx of users in the coming years.
The Sandbox and FaZe Clan become partners
Leading esports, lifestyle and media company FaZe Holdings Inc. is heading to the metaverse with a new partnership with Web3 company The Sandbox. FaZe Clan announced that it has partnered with The Sandbox, a metaverse brand owned by Animoca Brands. The deal comes with FaZe Clan purchasing 144 parcels of land within The Sandbox metaverse. “The partnership marks the official entry of FaZe Clan into the metaverse,” the company said.
The Sandbox and FaZe Clan will work together to co-produce experiences within the metaverse that can include virtual events, games, and digital product releases. These are expected to happen in 2023. The company said the new virtual world could also lead to the creation of a “gamified FaZe World.”
As we reported on Kriptokoin.com, The Sandbox has over 400 partnerships with leading companies and celebrities, including Ubisoft, Warner Music Group, Gucci, Snoop Dogg, Adidas, Steve Aoki, Care Bears, Atari and The Smurfs. FaZe Holdings said the new partnership could create new revenue streams for the company. The Sandbox behind the SAND token is one of the leading projects in the metaverse space.
Popular altcoin Cardano to develop tracking system for wines in Georgia
Finally, we have Cardano (ADA) on our list. Cardano has formed a partnership with the Georgian National Wine Corporation. As a result of this partnership, a tracking system will be developed on the Cardano Blockchain to preserve the quality and naturalness of Georgian wine. For the first step, this tracking system will be tested in the wines of the Bolnisi region.
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