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Aptos foundation teams up with web3 streaming platform
Aptos foundation teams up with web3 streaming platform

Business

Aptos Foundation and Myco work together to change the way Web3 streaming and entertainment work

The Aptos Foundation and Myco, a Web3 streaming platform, have revealed a strategic agreement to decentralize streaming and improve the entertainment landscape on Web3. This partnership fits with Myco’s plans to move its infrastructure to the Aptos blockchain, and it’s a big step toward the platform’s upcoming launch of its own coin.

An important relationship between the Aptos Foundation and Myco, a Web3 streaming platform, aims to change the way people watch by making it decentralized through the Aptos blockchain. This partnership is going to be very important for Myco’s bigger goal of moving to a fully decentralized platform. The integration is going to lead to better technology, more resources for builders, and a shared desire to push the limits of Web3 technology.


As part of this deal, Myco is getting ready to start its own utility token on the Aptos blockchain. This should happen in the first few months of Q4 of this year. Hani El Khatib, co-founder of Myco and CEO of Web3, says that this is a big step forward in the company’s plan to decentralize video and make Web3-enabled entertainment more available to people all over the world.


In similar news, Aptos recently added support for USDT, which makes its environment better and lowers the cost of transactions. Aptos has also released a keyless wallet app that uses zero-knowledge data to make user identification easier. This makes it easier for users to interact with decentralized apps.



Aptos is quickly becoming a major player in the Web3 space thanks to these projects and relationships. Their work with Myco is set to create new standards for digital entertainment and streaming.

author avatar
Alex
Formally freelance blogger Alex is passionate writer with interest in Finance and Business, fascinated about crypto following news and covering stories.
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