Elrond Network Collaboration With Unicrypt
Elrond Network is thrilled to announced its collaboration with Unicrypt a multi-chain decentralized services provider that covers token creation, vesting options, liquidity locks, farming and staking tools, and a self-service incubation zone.
“For blockchain technology to be as broadly adopted as smartphones and the web, creating a new token should be just as simple as developing a mobile app or building a new website. The Elrond tools that enable this will get a significant boost from complementary services such as Unicrypt, which allow more creators to easily deploy sound token economies and focus on driving innovation instead of wrestling with the underlying tech.”— Beniamin Mincu, Elrond Network CEO.
Unicrypt’s existing and future services will be adapted to work with ESDT tokens and Elrond Smart Contracts, and their AMM browser will be expanded to include the Maiar Exchange, allowing users to track tokens and pairs on their native decentralized exchange.
“We see a lot of potential adoption of the Unicrypt services by the Elrond community, which is one of the most engaged and fastest-growing in the space. The fact that Elrond has embedded tokens directly into their protocol makes the integration of their technology all the more interesting for our team” — Antoine Chaveron, Unicrypt’s co-founder.
Work on the integration of Elrond technology with the Unicrypt decentralized services will debut as early as Q3 2021, starting with the liquidity lockers and including the Maiar Exchange into the AMM browser, followed by the token vesting options services.
ABOUT Elrond Network
Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
ABOUT Unicrypt
Unicrypt Network is a multi-chain decentralized services provider born in June 2020. The deployed toolsuite empowers DeFi projects and covers a large scope of needs : liquidity lockers, token vesting options, token minter, a self-service launchpad along with farming and staking tools. Built from scratch without any fundraising rounds, Unicrypt stands as a passion-driven sustainable business entity highly connected to its community and users.
RESOURCES
Elrond Blog
