BitWell Labs and StreamCoin reach a strategic partnership
On May 09, 2022, the venture capital and innovation incubation arm of BitWell, BitWell Labs, and StreamCoin, the leading live streaming blockchain project, have entered into a strategic partnership, in which they will cooperate deeply on streaming, cross-chain, and NFT areas, from technical support, marketing, and community operation.
Through this cooperation, the two parties will jointly explore more possibilities in asset cross-chain. StreamCoin will provide technical support to BitWell to facilitate the security of asset cross-chain, and BitWell Labs will provide more financial, marketing, and operational support to StreamCoin’s live streaming platform MeiTalk.
The two partners will also work together to expand the NFT ecological layout, join hands to provide users with a more convenient trading experience, and more interesting NFT products, and work together to create a richer and more harmonious NFT ecological market.
About BitWell Labs
BitWell Labs, the venture capital and innovation incubation arm of BitWell, is devoted to offering a wealth of investment, collaboration, and mentorship opportunities to the global top-tier blockchain projects.
BitWell Labs has recently launched a $50 million fund to invest and incubate in Metaverse projects. The Metaverse fund will be used to support GameFi, non-fungible tokens (NFT), and other Metaverse sector projects in marketing, operation, trading, and so on.
StreamCoin (STRM) is a blockchain project that aims to revolutionize the live streaming industry by using Web 3.0 technologies to connect both streamers, viewers, and other streaming platforms directly.
StreamCoin comprises an all-in-one ecosystem with a native blockchain that runs on the DDPoS (Dual Delegated Proof of Stake) consensus. This ecosystem also includes an NFT Marketplace, dedicated NFT standard to mint videos, a swapping portal to more STRM between blockchains, and more.