HUMBL To Use BLOCKS To Initiate Strategic Collaboration on Blockchain Initiatives
20 Octubre 2021 - 1:35PM
NEWSBTC
In the blockchain industry, partnerships and strategic
collaborations are essential for industry growth and expansion.
With the boom of the relatively young decentralized finance (DeFi)
and non-fungible token (NFT) market, projects need to collaborate
to consolidate on the rise and further drive the market higher.
There have been several notable partnerships within the blockchain
industry, but the newest that has been making waves is the
collaboration between BLOCKS and HUMBL. Both are currently
experimenting with the use of sidechains and bridges to minimize
the cost fees on NFTs by close to 98%. With this partnership, HUMBL
has become the first among the growing number of companies within
the Blocks Builders to leverage the various Blocks Builder’s
Modules to build better using BLOCKS. The Goal of the Collaboration
Between BLOCKS And HUMBL There are lots of things that will be
achieved through this collaboration. Both platforms are already
working on improving the non-fungible token (NFT) metadata storage
across projects like music and video. They are also trying to
develop a better “verified by BLOCKS ” registry built to enable
users to authenticate, track, and verify their NFT holdings
irrespective of their location. Both BLOCKS and HUMBL are also
experimenting with BLOCKS builders blockchain plugin modules that
include ticketing, real estate, payments, etc., on the HUMBL Wallet
and the HUMBL platform. In the words of Adam Wolfe, the lead
blockchain consultant at BLOCKS, “Whether it was Cisco packaging
router and switches, or Apple packaging megabytes and cell minutes
on their partner networks, every technology cycle has paired
consumer packaging companies and the network they run on. The HUMBL
and BLOCKS Network teams hope to do the same thing here, in giving
global consumers a smarter blockchain grid and simple packaging
layer on top of it.” What is BLOCKS? BLOCKS is the first legally
registered Wyoming DAO LLC in the blockchain industry. They are
currently an open-source software stack for DAOs, including a
library of governance protocols and friendly interfaces to build
and manage DAOs. The team is also open to partnering,
collaborating, or joining forces with like-minded entities,
individuals, as well as network participants to set the standard
for a legally registered DAO LLC. The BLOCKS platform is poised to
connect industries and enterprise-grade technologies to the
blockchain network by employing an industry and blockchain agnostic
approach. Working closely with Wyoming legislatures, BLOCKS is able
to build the first legally registered decentralized autonomous
organization (DAO) in the world. The team believes that BLOCKS DAO
is a beacon of the future and critical to their journey of
progressive decentralization. According to the information
available on the BLOCKS website, they will pave the way for DAOs
across the world as a model of compliance and accountability. You
can also join the BLOCKS waitlist to enjoy these services. At the
heart of the BLOCKS, DAO, and Builder Program is the BLOCKS Token.
The token powers everything from on-chain governance to enterprise
transactions happening within the BLOCKS Builder’s partnerships.
More details about the BLOCKS can be accessed on the BLOCKS blog
page. Overview of HUMBL HUMBL is a consumer blockchain company that
works to simplify the use cases of blockchain technology. The
company simplifies blockchain use cases across verticals such as
payments, ticketing, non-fungible tokens, and real estate. HUMBL is
connecting consumers and merchants in the digital economy. The
HUMBL ecosystem is being developed to support the over 162 million
freelancers in Europe and the United States. For freelancers, HUMBL
makes it possible for them to receive payment from wherever they
are and whenever they need them. It gets more interesting with
HUMBL; anybody can become a merchant in just a day without
additional hardware or even strict contracts. HUMBL also designed a
payment app for consumers across borders and currencies. For more
details, you can read the HUMBL blog.
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