Bluzelle is always making new partnership deals with innovative blockchain platforms. One of them was the partnership with Genesis Shards, a decentralized Pre-IDO NFT marketplace powered by Polkadot. The collaboration between both parties will change the way the NFT realm is perceived by improving the space with innovative oracle services and decentralized data storage solutions.
The new marketplace for pre-IDO tokens on NFT, Genesis Shards, is currently running on Polkadot, and its focus is handling the illiquidity issue that plagues NFT tokens. This will go a long way to improve cross chain liquidity, thereby driving its demand.
The collaboration will leave Bluzelle incorporating its decentralized data storage solutions into the architecture of Genesis Shards. Bring able to use the interoperable and scalable data storage feature is a big win for the NFT realm.
To prevent maladies like network failures, attacks, low throughput, inaccuracy and so on, Genesis Shards will utilize the decentralized and secure oracle solutions on Bluzelle platform. This NFT platform will also have access to genuine price feeds by utilizing the oracles run by Bluzelle to tackle the issue of illiquidity that has become the mainstay in the NFT realm. Bluzelle will benefit from its partner's users participating in the staking and liquidity pool programs run by it. Both parties have a lot to benefit from the union.
CEO of Bluzelle, Pavel Bains, has to say about the partnership:
“Genesis Shards is trying to revolutionize the space with its pre-ido liquidity solution and they are already creating a buzz in the community! Their team is well experienced in crypto and tech. This partnership will allow both of us to explore synergistic opportunities for long-term collaboration."
Genesis Shards was not the only blockchain platform that Bluzelle partnered with in recent times. The latter is always seeking for new partnerships that will drive innovations in its ecosystem and massive adoption. Bluzelle is trying to expand to other markets, especially in Asia. Its eyes have been set on the South Korean market, which is currently being seen as a rapidly growing crypto market.
More people are craving innovative crypto platforms in that market. Before a platform can succeed in a new territory, it is important to utilize local platforms.
Bluzelle realized that it had to localize its content and offerings for those in the New market to easily familiarize themselves with Bluzelle. To achieve its plans, it partnered with a leading Korean based crypto marketing firm, Reblock. Reblock is in the business of introducing new and successful blockchain projects to Korea. Some of its previous projects are IOTA, FLOW, and so on. This crypto marketing firm based in South Korea will make it easy for Bluzelle to gain massive ground in that region.