While the downtrend continues in the crypto money markets, important partnership news came from 2 altcoin projects. Nigeria has partnered with the Developing African Group in a three-year Intellectual Property Rights (IPR) agreement that will lead to the commercialization of IPs created and registered within the country. Brave Browser, one of the internet browsers, is preparing to provide a comprehensive integration with the Solana (SOL) ecosystem. As Kriptokoin.com, we are presenting the details of 2 altcoin projects that have made a name for themselves with the partnership news they announced.
These altcoin projects are making a name for themselves with partnership news
Nigeria has partnered with Developing African Group in a three-year Intellectual Property Rights (IPR) agreement that will lead to the commercialization of IPs created and registered within the country. Under the partnership, the Nigerian government will grant the Developing African Group a special license to develop a platform where citizens of the country can upload and trade their intellectual property in exchange for royalties or revenues. All royalties and revenues will be taken into the wallets of users on the platform created by the Developing African Group. According to the press release, some of the content that may be commercialized on the platform includes the copyrights and trademarks of songs, videos, lyrics, shows, podcasts, and other forms of streaming content.
Developing Africa Group promptly selected Koibanx and popular blockchain network Algorand, following the Nigerian government’s approval, to initiate the work. According to the announcement, Koibanx is developing tokens that will be used to exchange intellectual property from various artists, while Developing Africa plans to build the entire platform, including cryptocurrency, on the Algorand network. Ben Oguntala, CEO of Developing Africa Group, said:
Not only does Algorand’s protocol provide the performance, scalability, security and functionality needed to implement such a large-scale project, but also It provides a great philosophical pairing with the eco-friendly and ‘creative economy industry’, which is also important to the government.
This is not the first partnership between koibanx and Algorand
It is worth noting that this is not the first time Koibanx and Algorand will be partners in a venture. The duo worked in various ventures, including the private and public sectors in Latin America. Leo Elduayen, CEO of Koibanx, described the initiative as the largest cryptocurrency project globally, adding:
I believe this initiative can easily change the lives of more than 50 million people. Since we launched Koibanx in 2015, we’ve been convinced that blockchain technology and cryptocurrencies are fundamental building blocks of economic development in emerging markets, it’s a privilege to be able to take an active role in how.
Another partnership news is Brave Browser, one of the internet browsers, is preparing to provide a comprehensive integration with the Solana ecosystem. According to the statement, Brave Wallet users will be able to trade with Solana starting today and via Ramp. They will be able to take it. Brave CEO Brendan Eich stated that users will be able to transact “quickly and at low costs” thanks to Solana and announced that they will work. The announcement included the following words:
Brave’s integration with the Solana blockchain will make it easier for users new to crypto to log into the Web3 space, while offering more usage to more experienced users.
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