Blockchain
Worldcoin Partners with JPMorgan-Backed Elliptic for Seamless World Chain Integration
![worldcoin-partners-with-jpmorgan-backed-elliptic-for-seamless-world-chain-integration](https://theblockchainexaminer.com/wp-content/uploads/2024/07/51800-worldcoin-partners-with-jpmorgan-backed-elliptic-for-seamless-world-chain-integration.png)
Worldcoin (WLD), an iris biometric cryptocurrency project, has announced a partnership with Elliptic, a blockchain analytics firm backed by JPMorgan. This collaboration focuses on integrating World Chain, Worldcoin’s Layer-2 blockchain, into Elliptic’s compliance and investigation solutions.
World Chain Integration and Its Benefits
According to a blog post, this partnership underscores Elliptic’s commitment to providing comprehensive compliance and analytics solutions across various blockchain networks. The integration allows developers on World Chain to access a broad user base, enhancing the development of applications that offer practical utilities in everyday life. World Chain prioritizes real human users, offering them preferred block space and complimentary gas allowances, thus improving scalability within the Superchain ecosystem.
Elliptic’s Role in Blockchain Compliance
Elliptic is known for its holistic approach to managing the complexities of blockchain ecosystems. The firm’s suite of compliance tools, including transaction monitoring, crypto wallet screening, and investigative solutions, sets a high standard for managing crypto asset risks. This integration with World Chain expands Elliptic’s capabilities, enabling seamless monitoring of Worldcoin wallets and transactions, and aiding in the investigation of fund flows. Lukasz Kujawa, VP of Engineering at Elliptic, emphasized that this partnership enhances efforts to prevent money laundering in the crypto space, making digital currencies safer and more trustworthy.
Worldcoin’s Market Position and Growth
Worldcoin, founded by OpenAI CEO Sam Altman in 2023, has rapidly grown, reaching a community of six million verified users. This growth is driven by the increasing adoption of decentralized digital identity and cryptocurrency technologies. Recently, Binance added Worldcoin to its P2P platform, which was expected to boost WLD’s market activity. However, despite these developments, WLD’s price has dropped by 5.3% in the past 24 hours, now trading at $2.23 with a market cap of $643 million.
This partnership between Worldcoin and Elliptic represents a significant step towards enhanced compliance and security in the cryptocurrency sector, aligning with the broader trend of integrating robust compliance measures into blockchain platforms.
Source: crypto-news-flash.com
The post Worldcoin Partners with JPMorgan-Backed Elliptic for Seamless World Chain Integration appeared first on HIPTHER Alerts.
Blockchain
Everdome and Alpine Web3 Redefine Fan Engagement with Bold Metaverse Vision
![everdome-and-alpine-web3-redefine-fan-engagement-with-bold-metaverse-vision](https://theblockchainexaminer.com/wp-content/uploads/2024/09/52302-everdome-and-alpine-web3-redefine-fan-engagement-with-bold-metaverse-vision.png)
Alpine Web3 and Everdome are joining forces to push the boundaries of fan engagement through immersive digital experiences. Building on Alpine’s storied motorsport legacy, this partnership will bring fans closer to the action with metaverse pop-up spaces and interactive events.
As Alpine Web3 shifts its focus beyond motorsport, this collaboration aims to redefine sports marketing by merging the physical and digital worlds, offering fans a dynamic and innovative way to connect with their favorite teams and events.
Alpine is a brand with a long and successful history, founded in 1955 by Jean Rédélé and quickly building success across multiple motorsports disciplines. With titles across multiple motor racing disciplines such as the World Rally Championship, 24 Hours of Le Mans, success in F1® racing and the FIA WEC Endurance World Championship, Alpine has constantly innovated for success.
Now Alpine seeks to expand their innovation beyond motorsport, looking for ways to engage new audiences with experiential sports marketing as the real and digital worlds converge.
This two-way partnership will see Everdome work on a variety of experiential Alpine focussed destinations, kicking off with a series of metaverse pop-up spaces for Alpine Web3, released to coincide with the major sporting events across their race calendar, from Formula One® and beyond.
Everdome will also create interactive events with Alpine Web3 and their partners, allowing global audiences to take one step closer to the action as we explore the future of sports fan engagement together.
Last year, Everdome and Alpine first collaborated with an exclusive metaverse AMA with their F1® driver Pierre Gasly and Binance Fan Token, creating an interactive event where the audience could join with their avatar-likenesses inside a unique environment, bringing them closer to their racing heroes inside a digital world.
“Experiential marketing is on the rise as audiences react positively to immersive, interactive experiences which bring a feeling of deeper involvement with their sporting teams and heroes.’’ said Artur Kaczmarczyk, Chief Growth Officer for Everdome. “This new partnership will explore a future of sports fan engagement, creating a series of activations across the motorsports racing calendar to let global Alpine fans feel closer to the team, drivers and brand.’’
Beginning with metaverse spaces highlighting images and videos from Alpine inside fully interactive, avatar-led digital environments, Everdome will go on to create a dedicated and permanent metaverse footprint for Alpine Racing inside their digital headquarters, showcasing their glorious history, exciting present and promising future.
“This collaboration with Everdome underlines our commitment to constant innovation through leveraging the latest technology”, said Guillaume Vergnas, Head of Merchandising, Licensing, Esports & Web3 at Alpine. ‘’Motorsport has always been about passion, spectacle and interaction, and with Everdome we seek to allow audiences a taste of the spectacle in a novel digital world.’’
Everdome will introduce their large community of web3 followers and metaverse pioneers to Alpine’s exciting web3 ecosystem, paving the way for some exciting cross-project collaborations, activations and more across 2024 and beyond.
The post Everdome and Alpine Web3 Redefine Fan Engagement with Bold Metaverse Vision appeared first on HIPTHER Alerts.
Blockchain
Blockchain Technology Market Size to Achieve USD 1,879.30 Billion by 2034
Blockchain
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