Gifto and Poolz Strategic Investment
Gifto and Poolz announced a strategic investment to drive growth and innovation in the blockchain space.
Poolz, a decentralised cross-chain IDO platform built on top of Web 3.0 infrastructure, announced a strategic partnership with Gifto, the first-ever virtual gifting protocol, on January 22nd. As part of this collaboration, Poolz Ventures, the capital firm of Poolz, is investing $2.5M in GTO to support Gifto’s new roadmap for 2023. Gifto is the first launchpad project in Binance and its mission is to bring new users into the Web3 ecosystem through a variety of products, including a user-friendly Web3 wallet and a store for content creators. The upcoming product rollout for Gifto in 2023 presents an opportunity for both Gifto and Poolz to strengthen their user bases and explore new opportunities for their ecosystems.
Poolz, which enables crypto projects to raise funds for emerging projects, shares a similar mission to Gifto and values with Gifto and is committed to supporting the arrival of Gifto new products in the present year. This investment demonstrates Poolz’s focus on innovative blockchain projects and its commitment. To supporting the growth and development of the Web3 ecosystem.
About the Partnership
This consolidated partnership between Poolz and Gifto represents a promising collaboration. That has the potential to drive significant growth and innovation in the blockchain space. Both companies are committed to expanding the reach of Web3 and exploring new opportunities. For their ecosystems through the launch of innovative products and solutions.
In addition to the $2.5M investment from Poolz Ventures, the partnership also included plans for joint marketing and community-building efforts. To increase awareness and adoption of both Gifto and Poolz. The aim is to focus on bringing in new users to the Web3 ecosystem. And increasing the impact of both projects in the space, allowing both Gifto and Poolz. To leverage each other’s expertise and resources to push the boundaries of what is possible in the space.
Overall, the partnership between Gifto and Poolz is a promising one. That has the potential to drive significant growth and innovation in the blockchain space. Both companies are committed to expanding the reach of Web3 and exploring new opportunities for their ecosystems. Through the launch of innovative products and solutions.
About Gifto
Gifto is a Web3 blockchain solution launched in 2017 to create, store, and gift blockchain presents to friends and loved ones such as NFTs in the form of e-cards, PFPs, generative art or red envelopes.
About Poolz
Poolz is a decentralized cross-chain IDO platform built on top of Web 3.0 infrastructure to enable crypto projects to raise funds before listing. The Poolz platform has already integrated with many different blockchains. And is in discussions with more than 10 of the biggest blockchain networks.
SOURCE: MEDIUM
