Avalanche is an open-source blockchain created to overcome Ethereum’s limitations by being scalable, interoperable and able to execute smart contracts at a lightening fast speed at low cost & less energy consumption.
Avalanche supports Solidity (the language of Ethereum) which makes it one of the most preferred networks, especially for projects built on the Ethereum chain. This feature has helped onboard a lot of projects into its ecosystem & called for strategic partnerships. Some of which I will discuss in this post. Let’s get started –
1. Final Fantasy devs partner with Avalanche:
Despite the slowdown, blockchain games are gaining mainstream adoption. GameFi market alone is expected to reach $2.8 billion by 2028. As such, top gaming giants are rushing to expand their presence on the web3 platforms.
BLRD, a subsidiary of Japanese gaming company GREE has partnered with Avalanche to launch blockchain games in 2023. AVA Labs will provide all the necessary tools to smoothen the onboarding for GREE developers.
Naruto is one of the top anime series produced by GREE
2. Avalanche partnership with Deloitte:
Deloitte is one of the Big Four Accounting Firms in the world. It is the largest professional service network by revenue that has expanded its presence into multiple segments like consulting and more.
Ava Labs, the creator of Avalanche blockchain has partnered with Deloitte to improve the speed, accuracy & security of Federal Emergency Management Agency (FEMA) funding wing. Avalanche will exclusively help Deloitte to build better disaster relief platforms.
3. KyberSwap partnership with Avalanche:
Kyber network is a decentralized protocol that aggregates liquidity & allows smooth exchange of tokens without an intermediary. KyberSwap is its flagship product that works as a DEX aggregator that provides users with the best rates in the DeFi environment.
KyberSwap partnered with Avalanche for liquidity mining which is part of the Avalanche Rush Program. In a matter of years, the partnership brought in $61 million TVL & $10 billion total trading volume for KyberSwap.
For the benefit of Avalanche, KyberSwap is providing incentives to Avalanche users who deposit & stake their liquidity positions on its new protocol KyberSwap Elastic. It’s a win-win deal for both parties.
KyberSwap is one of the most rewarding partnership for Avalanche
4. Encode Club & Avalanche Partnership:
Encode club is an online education program dedicated to teaching students & professionals about blockchain technology. Its motto is to onboard users into the crypto space via workshops, hackathons, bootcamps & accelerator programs.
Encode & Avalanche has inked partnerships to educate people about blockchain technology, Avalanche in general & helps them onboard into its ecosystem. The program comprises of educational workshops, a 10-week Solidity coding BootCamp, and teaching web2.0 developers about building Dapps or smart contracts for web3 or Avalanche.
5. GameStar+ partners with Ava Labs:
GameStar+ is a gaming streaming platform that has partnered with Ava Labs to help it develop the technological framework that will allow the platform to bring optimized play-to-earn web3 gaming features.
Avalanche blockchain will connect players & peers anywhere across the globe using smart contracts with high transaction speed, eliminating any lag within the system.
Latest partnership between AWS and Avalanche:
Amazon Web Services (AWS) has partnered with Ava Labs to bring blockchain adoption mainstream i.e to enterprises, governments and institutions. Meanwhile, Avalanche will enjoy the benefit of better infrastructure that will help blockchain users launch and manage nodes on the network.
The partnership with AWS also helps Ava Labs onboard new startups and early-stage entrepreneurs by joining Amazon’s AWS Activate program. AVAX token jumped 27% after the news went public.
This completes my post on Avalanche partnerships. In the next post, I will talk about Crypto.com partnerships & blockchains surviving the market crash. If you’re a fan of blockchain technology then do share this post on your social handles and educate everyone around you. Remember to subscribe to my YouTube channel for more informative content, released every week.
Paras is a blockchain writer & video creator at Katoch Tubes. In his free time, he loves watching space exploration documentaries & Hollywood movies.