Coin98 Labs, the developer of Coin98 Finance, a one-stop DeFi network, has partnered with Chainlink Labs in a strategic move to support the growth of the Web3 developer industry in Southeast Asia. This collaboration aims to drive the transformation of decentralized finance in the region.
Coin98 Labs is focused on providing an open financial solution to streamline DeFi platforms, non-fungible tokens (NFTs), and apps across different blockchains. The company aims to meet the increasing demand for decentralized finance services and ensure smooth access to these services.
The partnership with Chainlink Labs aims to strengthen the Southeast Asian developer market across various areas. Some key features of this collaboration include the introduction of a referral model for legitimate users interested in Chainlink’s Web3 offerings.
In addition, the two companies will organize events such as technical workshops and hackathons to promote learning and collaboration. They will also undertake rigorous marketing efforts to create awareness about Web3 innovations. Coin98 Labs will have access to Chainlink BUILD, a platform that facilitates collaboration opportunities.
Thanh Le, the founder of Coin98 Labs, expressed his enthusiasm about the partnership, stating, “We want to provide our developer ecosystem with the best opportunities and tooling available for teams to build outstanding DeFi applications. This channel partnership with Chainlink Labs will help us further our ecosystem goals and support the Southeast Asian Web3 community.”
Chainlink has demonstrated resilience in the past couple of weeks, outperforming many assets in the digital asset space. The LINK price has maintained a bullish trend and gained over 3% in the past 24 hours, reaching $7.47 at the time of writing.
Investors have shown confidence in Chainlink’s performance, with many willing to hold onto their investments for potential long-term returns. Market players are anticipating near-term price surges, with expectations of LINK reaching $7.920.
The partnership between Coin98 Labs and Chainlink Labs is expected to bring significant advancements and innovations in the Web3 space in Southeast Asia. By leveraging each other’s strengths, the two companies aim to create opportunities for developers and contribute to the growth of the decentralized finance ecosystem in the region.
This article was originally published on Invezz.
