Harmony Protocol Backs and Partners with AAG Ventures

Published on: 11.12.2021

AAG Ventures is the first project to be backed by Harmony following the announcement of their $300m ecosystem fund.

With this partnership, Harmony will become a technical partner for AAG Ventures to solve cross-chain interoperability for blockchain assets, as well as smart contracts, such as those for lending. AAG Ventures will also explore the integration of Harmony Protocol into Project Titan to provide decentralization for its core infrastructure to support decentralized applications on the AAG Platform.

Harmony will be the first blockchain to launch AAG projects, and will serve as the core for the multi-chain vision of the AAG ecosystem. Through Harmony’s trustless Horizon bridges to Ethereum, BSC, and other chains, AAG’s assets can be bridged efficiently within multiple chains to benefit every stakeholder. In doing so, Harmony’s fast and cheap transactions allow AAG’s users to reduce costs in trading gaming assets.

ABOUT Harmony Protocol
Harmony is an open and fast blockchain. Harmony’s mainnet runs EVM-compatible applications with two-second transaction finality and 100x lower fees. Harmony’s unique sharding design supports horizontal scaling on transaction throughput to meet the demand for the growing adoption of all Web3 applications. Harmony’s secure and trustless Horizon bridges offer fast cross-chain asset transfers with Ethereum, Binance, and other chains. With more than 150 unique validator pools, more than $900 million worth of ONE tokens are staked on Harmony mainnet, which is processing more than 3 million daily transactions with 450,000+ registered wallets.

ABOUT AAG Ventures
AAG Ventures is democratizing Play-To-Earn. Create Economic Freedom worldwide through the Metaverse Economy.

RESOURCES
Medium

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