AllianceBlock Fundrs Partner With Peaq Polkadot Ecosystem (EoT) For Cross-Chain Web3 Startup Crowdfunding | Platform Liquidity, Early Token Access

2 min read

Peaq AllianceBlock Partnership

There are a few things more satisfying than standing back and watching what you created with your own hands and mind. The beauty, the simplicity or complexity … all appreciated by the one who created it.

Web3 projects, though … might need more than just a creative soul and intelligent computing genius to get off the ground. They need friends. Friends with moola. And let’s not forget, the desire to part with said moola to help others grow.

But how? Good question you ask there. Have a look at this beauty!

Peer-To-Peer Fundraising Platform

Web3. network Seawhich leads the Economy of Things (EoT), has now announced its integration with its decentralized peer-to-peer fundraising platform, financiers. AllianceBlock’s supplier of fully stacked decentralized financial solutions has released a new product called Fundrs, which makes it possible for developers to build dApps on Peaq for crowdfunding on a cross-chain platform based on reputation and merit.

Peaq is the first project of the Polkadot ecosystem to connect with Fundrs, and the broader Polkadot community now has access to its contributor network, which spans across Tier 1 blockchains with a market capitalization in the billions. For starters, you can Add Agung To your Metamask wallet by downloading the Fundrs app and continuing this link To testnet peaq’s Agung. Once the main Peaq network is online, the integration there will be expanded, allowing the Fundrs community to support initiatives that decentralize physical services.

Massive Platform Liquidity

Till Wendler, co-founder of Peaq commented:

“We are pleased to be the first member of the Polkadot ecosystem to integrate with Fundrs, enabling the community to benefit from the massive liquidity this platform offers. The integration continues a strong partnership between Peaq and AllianceBlock, which was built to power the Web3 economy of things with DeFi. It gives Fundrs new opportunities To raise capital for teams that build on Peaq, helping them achieve higher and innovate faster. In the long term, the continuous integration of the AllianceBlock stack will help Peaq revolutionize how people own and govern machines. There are more integrations to come from this partnership, We are excited to share it in the future.”

Fundrs users have the opportunity to get early access to the tokens of the startups provided by the founders of the platform. The goal of a completely decentralized application is to provide cross-chain communication and finance, thus bringing the blockchain sector together for expansion and optimization.

Web3 Projects Can Raise Funds Across Entire Blockchain Space

Rashid Ajaja, CEO and co-founder of AllianceBlock, said:

“We look forward to seeing the peaq community list their first projects on Fundrs dApp. Economy of Things projects are aimed at tangible, real-world operations and services, which contributors using Fundrs are likely to value a lot. Besides, the integration will also serve as our first bridge with the Polkadot ecosystem. The largest, allowing hundreds of leading Web3 projects to raise funds across the entire blockchain space.”

Funders debuted on Avalanche and Ethereum, with further integrations to be revealed in the following months. Fundrs has partnered with major DLT companies including Ocean Protocol, BNB Chain, Hedera, and Polygon to help the broader blockchain community. In addition, it has formed strategic alliances with leading organizations in the financial and technology sectors, such as Natwest, the London Stock Exchange Group, and AWS Activate.

This news comes as Continuing cooperation between peaq and AllianceBlock. To accelerate the development of the Web3 machine economy, peaq uses AllianceBlock’s comprehensive decentralized infrastructure to expand the capabilities of peaq’s economic operations.

Originally published here


Chris Munch

Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.