Huobi Global Cryptocurrency Exchange It has announced a strategic partnership with Gala Games, a blockchain-based play-to-earn platform, to develop the Web3 ecosystem. The two companies will jointly invest and list projects within the Gala ecosystem.
Gala Games allows developers to create play-to-earn crypto. and nonfungible game tokens (NFT), which allow players to buy and sell in-game items. when purchased Developers will not be able to modify or delete these in-game items without the consent of the player.
Huobi’s partnership with Gala Games is expected to help develop Web3, allowing it to integrate with the Gala layer-1 blockchain to improve the underlying on-chain technology. Jason Brink, who serves as president of blockchain at Gala Games, said the integration Layer-1 blockchain integration with major exchanges like Huobi is of the utmost importance in achieving mass adoption.
Huobi also took to Twitter to announce its partnership with Gala Games, with the community showing support for the partnership.
Huobi Global is currently pursuing a license in Hong Kong. This will enable the platform to serve retail customers. Huobi also announced plans to expand its service in other regions by introducing a debit card. crypto-to-fiat This card is sponsored by Visa and will be available to Huobi customers residing in the European Economic Area. and is expected to launch in the second quarter of 2023.
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