Altcoins

These Four Altcoins Announced Two Massive Partnerships: Here Are the Details…

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SingularityNET and Filecoin are partnering to integrate decentralized AI and DePIN, highlighting ethical AI development and decentralized infrastructure. Elsewhere, Alchemy Pay announced its integration with Chiliz Chain, a leading Blockchain platform. Stay tuned for details on these altcoin partnerships.

SingularityNET and Filecoin collaborate

Developer of the AI ​​platform SingularityNET and File coin Foundation, the governance body behind the Filecoin network, has announced a collaborative partnership. The partnership aims to integrate the fields of AI and Decentralized Physical Infrastructure Network (DePIN) while protecting decentralization, AI ethics, and data provenance. The partnership will also establish an AI ethics working group to ensure that AI development and deployment adhere to ethical practices, according to a statement. Ben Goertzel, founder and CEO of SingularityNET and co-founder of the Artificial Superintelligence Alliance, said:

The ethics of AI has many facets, including minimizing unhealthy biases Artificial intelligence models, directing the use of AI toward beneficial applications, minimizing the likelihood of negative consequences from superintelligence discoveries, and more.

Goals of cooperation between the two altcoins

The partnership between these altcoins has various goals on different timelines, some of which are short-term, such as SingularityNET using Filecoin’s Lighthouse SDK for the metaverse. Medium-term goals include integrating Filecoin’s technology stack into SingularityNET to improve security and support the storage infrastructure of AI-generated data.

In the long term, the partnership aims to use Filecoin to manage Knowledge Graphs, a necessary element of SingularityNET’s Information Layer initiative. Regarding the partnership, Goertzel confirmed that both the Artificial Superintelligence Alliance (ASI) token and the File coin token. Regarding Filecoin joining ASI, he said: “Anything is possible in the cryptocurrency world. However, there is no specific announcement we want to make about this at the moment.”

Alchemy Pay has partnered with Chiliz!

Alchemy Paysa global leader in payment solutions, announced its integration with Chiliz Chain, a leading Blockchain platform designed specifically for the sports and entertainment industries. This strategic move allows users to effortlessly purchase Chiliz’s native token, CHZ, as well as 13 fan tokens directly linked to various sports teams. By facilitating this accessibility, Alchemy Pay is poised to revolutionize the way fans interact with their favorite teams by combining the ease of fiat transactions with the innovation of cryptocurrency.

The collaboration is set to feature prominently on chili Chain Ecosystem page within the Developer Docs, highlighting Alchemy Pay’s role as a ramp solution provider. This integration is expected to be fully operational with the next Chiliz website update, where Alchemy Pay will provide direct access to the ramp and streamline the process for users to interact with Chiliz offerings. The current integration includes fan tokens such as ACM, ARG, ATM, among others. Additionally, an expansion to additional tokens such as JUV and ASR is planned in the future.

A closer look at the cooperation between the two altcoins

Altcoin Chiliz has carved out a niche for itself as a critical Blockchain environment for the sports industry. It has also connected teams, fans, and developers in creating Web3 products that increase fan engagement. As you have been following along on Kriptokoin.comChiliz has partnered with globally recognized sports brands such as FC Barcelona and Manchester City. Chiliz is leveraging the CHZ token to power platforms such as Socios.com and the broader Chiliz ecosystem.

The integration with Alchemy Pay builds on this foundation by enabling the seamless purchase of CHZ and fan tokens using traditional payment methods such as Visa, MasterCard and native banking solutions. This partnership not only expands the footprint and reach of Chiliz’s services, but also highlights the growing importance of connecting fiat and crypto gateways to meet the diverse preferences of users across 173 countries. By incorporating Alchemy Pay’s robust payment infrastructure, Chiliz will enhance the fan experience by making it easier for sports fans to acquire digital assets tied to their favorite teams and clubs.

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