Cryptocurrency projects are embracing partnerships with powerful tie-ups within the market. Some examples are Avalanche (AVAX), and its latest collaboration with Amazon Web services (AWS), Cosmos (ATOM) with Dymension, etc. In this article, we will discuss these projects in detail. You'll also learn about the world's first decentralized trading platform for traditional investments, TMS Network (TMSN).
Avalanche (AVAX) is planning to offer a new crypto infrastructure via Amazon Web Services (AWS) to boost blockchain adoption. The Avalanche (AVAX) developers state this new infrastructure will make blockchain accessible in government, enterprise, and institutional areas. Currently, Avalanche (AVAX) supports Web3 games, NFTs, and Subnets (They are custom blockchains based on Avalanche (AVAX) with customizable rulesets, and their native token).
The tie-up will let Avalanche (AVAX) offer its subnet deployment service to users through the AWS marketplace. It means that any company can enlist Avalanche (AVAX) to create a customized subset on the AWS platform.
AWS will help Avalanche (AVAX) expand its network adoption to new customer segments as a part of the deal. The tie up has positively impacted Avalanche (AVAX) price; its live price is $17.95, which is 0.90% up in the past 24 hours.
Dymension is actively building a wide network of rollups, which are modular blockchains supported by the Dymension Hub. These rollups are originally based on Ethereum, but Cosmos (ATOM) network has overtaken their responsibility. Rollups will connect to the Inter-Blockchain Communication protocol (IBC) of Cosmos (ATOM).
The rollups will make certain infrastructure adjustments to integrate successfully with the Cosmos (ATOM) ecosystem, and act as the IBC layer-2 network.
Cosmos (ATOM) works by enabling interoperability and communication between independent blockchain networks, and Dymension's Rollups will soon become one of them.
The proof-of-stake consensus algorithm used by Cosmos (ATOM) and the voting feature has favored this integration.
Cosmos (ATOM) allows developers to create custom blockchains with their rules and tokens that are able to communicate with other blockchains in the ecosystem. Several key components, such as the Tendermint consensus engine and the Cosmos software development kit (SDK), makes building custom blockchains on the Cosmos (ATOM) network easier.
The current price of the Cosmos (ATOM) token is $13.74, which is 1.77% down in the past 24 hours.
TMS Network (TMSN) offers several benefits to crypto and traditional users by establishing a cross-asset trading platform. People can transact various assets securely in a single network with TMS Network (TMSN). One can trade in Forex, CFDs, and Stocks through cryptocurrencies using TMS Network (TMSN). These trading options will be available to everyone without any restriction on the user's geo-location or trading experience. Thus, TMS Network (TMSN) offers a seamless way to access different traditional assets.
TMS Network (TMSN) has an intuitive and user-friendly interface that helps traders to navigate through the platform to make trades. Traders will have the advantage of gaining insights from the educational resources provided by TMS Network (TMSN).
The best feature of TMS Network (TMSN) is its scalability. It is designed to handle a rising number of transactions and participating users, without slowing down the network's speed. Additionally, TMS Network (TMSN) users will have the edge over other network users in terms of financial literacy. The platform is dedicated to making each of its users identify profitable trades, and also leverage the commission revenue model to earn big incentives. So, ensure to become an early adopter of TMS Network (TMSN) and enjoy its countless benefits.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.