Matic Network announced on Twitter that they would be partnering up with Ideaology, an open-source blockchain project on Ethereum dedicated to connecting talented developers and their target community members.
Collaboration is ready to get Matic-fied, are you? 🥳 We are excited to announce that @Ideaologyio , an open-source blockchain platform that connects startups, freelancers, and investors in a collaborative ecosystem is integrating with Matic!
The Details of The Partnership
Ideaology has partnered up with Matic to make their ecosystem a lot more flexible and interoperable. As Ideaology puts it in their medium post:
The Matic team and Team IDEA will work in synergy to bring the IDEA token and Active IDEA wallet to more blockchain communities.
They have also called the decision to partner with Matic a no-brainer since they are keen on building “relevant yet awesome partnerships as we improve the Active IDEA platform and make the IDEA token more versatile.”
What is Ideaology?
Ideaology’s primary offering is the Active IDEA platform, which plans to provide business and freelancing solutions to professionals looking for work and other opportunities. Investors, business developers, and founders, and freelancers can reap benefits from this ecosystem that describes itself as a decentralized online launching pad for startups and careers. The IDEA token powers the platform.
The partnership aims to provide the Active IDEA users the wallet that can “handle the type of transactions that they plan to execute within the blockchain-powered freelancing and business development platform.”
Regarding the partnership, Ideaology said in a blog post:
“This collaboration stems from countless conversations between the Ideaology team and our community. The help from our enthusiastic and supportive Active IDEA community inspires us to find ways to help them make collabvesting within the platform as easy and safe as possible.”
What is Matic Network?
Matic Network solves the above problems of slow block confirmations and high gas fees by utilizing an adapted version of the Plasma framework (Plasma MoreVP). It provides a solution for faster and extremely low-cost transactions with finality on the main chain. Matic aims to eventually provide an ecosystem wherein developers can build apps to target mass adoption. The project is backed by the likes of Coinbase, Binance, and MIH Ventures. Its list of existing partners includes Decentraland, MakerDAO, Zebi, and Hey Coral.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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