IBM and Tata Partner with Hedera Hashgraph to Build a Libra and Ethereum Lookalike

The race for Blockchain implementation by Tech companies is getting more and more demanding. The last day saw significant progress made by Communications and IMB. The two Tech Giants joined the governing council of what could be one of the most successful blockchain projects of this decade – the Hedera Hashgraph. Owned by […]
Source: bitcoinwarrior
IBM and Tata Partner with Hedera Hashgraph to Build a Libra and Ethereum Lookalike

Related posts

VeChain and Penfolds Partner To Combat Wine Counterfeiting – Business Partnerships – Altcoin Buzz

and To Combat Wine Counterfeiting – Business Partnerships  Altcoin BuzzChinese Importer D.I.G partners with VeChain to use Wine Traceability Platform, to track import wine in China. A case of Penfold’s wine bottles have been tagged …
Source: worldnewsoffice
VeChain and Penfolds Partner To Combat Wine Counterfeiting – Business Partnerships – Altcoin Buzz

Related posts

Animoca & Harmony Partner Up to Acquire $13 Million Dollar Sequoia Funded Digital Collectible Company

Coinspeaker
Animoca & Harmony Partner Up to Acquire $13 Million Dollar Sequoia Funded Digital Collectible Company

High-performance blockchain and mobile gaming company Brands have teamed up to acquire Quidd, a $13 million Sequoia-funded digital collectible startup.

Animoca has bet big on blockchain gaming since its involvement in CryptoKitties in 2017. Crypto-collectibles are poised to be one of the first applications to go mainstream. In June of this year, Animoca released the world’s first Formula 1 NFT – the “1-1-1” – via auction and raised US$106,428. In July, the CryptoKitties founders teamed up with the NBA to release a new batch of crypto-collectibles.

In 2017, Quidd raised $13m in venture funding led by Sequoia to build a digital collectible mobile app. Since then, Quidd secured 325 brand licenses including Game of Thrones, Rick and Morty, and Marvel superheroes while growing to a peak of over 800k users. The platform has hosted more than five million trades involving a total of 60 million individual items with a combined value of over $10m.

Harmony and Animoca’s strategic acquisition of Quidd is intended to form the cornerstone of a new crypto-collectible ecosystem. Animoca plans to add its large portfolio of brands and games to the Quidd platform following the acquisition.

Although CryptoKitties may be an inspiration for this move, this time is different. Having learned from the issues CryptoKitties faced when it clogged the Ethereum network, Harmony’s scalable infrastructure is scalable lies at the core of this new venture.

At its peak, CryptoKitties had 14,000 users, straining the Ethereum network’s throughput of 14 transactions per second. By comparison, Quidd currently has 200,000 users, requiring significantly more throughput than what Ethereum can provide. Harmony’s sharded blockchain supports 10,000 transactions per second–more than enough to support Quidd,

However, Animoca and Harmony seek to grow Quidd far beyond its current size. Fortunately, sharded blockchains can scale up their throughput to match demand for the applications running on them. Harmony’s network will not break if Quidd goes viral, in fact, it will grow to support the new users.

About Harmony

Harmony is a fast and secure blockchain. Built by a team of engineers from Google, Apple, Amazon, Harvard and Stanford, Harmony helps businesses build marketplaces of fungible tokens (such as energy credits and loyalty points) and non-fungible assets (such as game collectibles and real estate). Harmony has a robust ecosystem building strategy focused on creating partnerships that drive adoption of the protocol. At scale, Harmony helps businesses tokenize their assets and incentivize user engagement.

For more information visit https://harmony.one/ or join Twitter or Telegram.

About Animoca Brands

Animoca Brands (ASX: AB1) leverages gamification, blockchain, and artificial intelligence technologies to develop and publish a broad portfolio of mobile products including games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes as well as products based on popular intellectual properties such as Formula 1®, Garfield, Snoopy, Thomas & Friends™, Ever After High and Doraemon. Animoca Brands’ portfolio of blockchain investments and partnerships includes Lucid Sight, Dapper Labs (creators of CryptoKitties), WAX, Harmony, and Decentraland.

The Company is based in Hong Kong, Canada, Finland, and Argentina. For more information visit www.animocabrands.com or get updates by following Animoca Brands on Facebook or Twitter.

About Quidd

Quidd is the leading platform for buying, trading, and displaying premium, rare digital goods. Available for free on iOS and Android devices, the Quidd app enables fans to buy, own, and use digital stuff, like stickers, GIFs, cards and toys, to express their fandoms, construct their identities, and have more fun with their favorite things.

The best names in entertainment, including Marvel, Hasbro, Game Of Thrones, Sanrio, Rick And Morty, Michael Jackson, Major League Baseball and more, are using the Quidd platform to reach new audiences and build new businesses. Quidd is backed by Sequoia Capital with headquarters in NYC. For more information, visit Quidd.co.

Animoca & Harmony Partner Up to Acquire $13 Million Dollar Sequoia Funded Digital Collectible Company


Source: coinspeaker
Animoca & Harmony Partner Up to Acquire Million Dollar Sequoia Funded Digital Collectible Company

Related posts

PolyChain Partner Ryan Zurrer To Take Another Shot In Creating A DAO

PolyChain Partner


(function ($) {
var bsaProContainer = $(‘.bsaProContainer-6’);
var number_show_ads = “0”;
var number_hide_ads = “0”;
if ( number_show_ads > 0 ) {
setTimeout(function () { bsaProContainer.fadeIn(); }, number_show_ads * 1000);
}
if ( number_hide_ads > 0 ) {
setTimeout(function () { bsaProContainer.fadeOut(); }, number_hide_ads * 1000);
}
})(jQuery);

and Web3 Foundation executive Zurrer announced he is leaving the platform to take another shot in creating a decentralized company which will also be called the DAO. More about this story we are reading in the coming altcoin news below.

Zurrer was excited back in 2016 when the DAO emerged and lost millions of dollars in the ETH caused fork of the ethereum blockchain. He believes in this concept and will now try to create a huge, non-profit decentralized company. Zurrer stated:

 “With the success of the DOT sale, the success of the Web3 Summit and the Web3 Foundation in a strong position organizationally, it’s an appropriate time to step away. I will migrate and go back to what my primary passion is – deploying capital and helping early-stage teams build new concepts in the space.’’

The Web3 Foundation confirmed his departure and stated that they will not be involved with the DAO project. Zurrer said in other announcements that these new partnerships will be made at the Web3 Summit later this month. The Decentralized autonomous organization is able to function without a specific CEO of a leader because the rules are run by codes. The idea of the original DAO is to allow people to contribute funds to the DAO in exchange for voting tokens. They will even then use the tokens to decide how to invest the shared pool of funds. Zurrer noted:

 “The original DAO was a clean, pseudonymous capital pool. This is the closest attempt we’ve seen anywhere in the space to the ideals of that original DAO.”

The PolyChain partner even shared a draft of the new DAO’s white paper posted on the GitHub page. The users that will want to join the DAO will be given DAO tokens. They will only have to vote under intervals called mandates. The white paper shows there is a number of principles that will govern the operations. As we can read in the latest cryptocurrency news, the whitepaper also addresses the issue of regulatory compliance:

 “At the time of conceptualizing the DAO, most of the authors of this specification are optimistic that work can be done by a well-intentioned competent Compliance League to achieve reasonable compliance without sacrificing the principles above, namely that the DAO remains a ‘clean capital’ pool that participants can freely enter into and leave from reasonably without discrimination.”

The post PolyChain Partner Ryan Zurrer To Take Another Shot In Creating A DAO appeared first on DC Forecasts – Leading Digital Currencies.


Source: dcforecasts
PolyChain Partner Ryan Zurrer To Take Another Shot In Creating A DAO

Related posts

Former Polychain Partner Ryan Zurrer Is Leaving Web3 to Start a DAO

Zurrer, a at , has announced his next act. A new version of one of ethereum’s biggest failures.
Source: worldnewsoffice
Former Polychain Partner Ryan Zurrer Is Leaving Web3 to Start a DAO

Related posts

Former Polychain Partner Ryan Zurrer Is Leaving Web3 to Start a DAO

Zurrer, a at , has announced his next act. A new version of one of ethereum’s biggest failures.
Source: coindesk
Former Polychain Partner Ryan Zurrer Is Leaving Web3 to Start a DAO

Related posts

Keep and Summa Partner on Interoperability Working Group.

submitted by /u/elizapetrovska
[link] [comments]
Source: ethereum
Keep and Summa Partner on Interoperability Working Group.

Related posts

Dash and BlockchainIntel Partner to Provide Compliance Reporting for Exchanges

Dash and BlockchainIntel Partner to Provide Compliance Reporting for Exchanges submitted by /u/NibiruHybrid
[link] [comments]


Source: dashpay
Dash and BlockchainIntel Partner to Provide Compliance Reporting for Exchanges

Related posts

PegaSys Partner Program!

The team has launched the PegaSys Partner Program!

Meant for startups and enterprises building with Pantheon – the provides enablement like special technical content, closer collaboration on roadmap, and updates on Pantheon upgrades.

submitted by /u/ConsenSys_Socialite
[link] [comments]
Source: ethereum
PegaSys Partner Program!

Related posts

Cleveland Cavaliers Partner With UnitedCoin Crypto Firm, Shown at Rocket Mortgage FieldHouse

An important basketball club known as the , also known as The Cavs, has announced the start of a partnership with the crypto-focused company UnitedCoin this week. The Cavs, together with the Cavs Legion GC, its associated esports club, is set to begin the partnership that was recently announced by the National Basketball Association […]
Source: bitcoinexchangeguide
Cleveland Cavaliers Partner With UnitedCoin Crypto Firm, Shown at Rocket Mortgage FieldHouse

Related posts