Announcing the Strategic Partnership with Orbiter — building the infrastructure of Memecoin on-chain engagement together
We are thrilled to announce our strategic partnership with @Orbiter_Finance. Through this partnership, we will extend the value-generating flywheel for Memecoin to omni-chains.
Color Protocol is the first conversion protocol that makes Memecoins colorful by converting existing Memecoins from ERC-20 into ERC-404 assets, enabling well-known Memecoins to have attributes of both NFT and Token. It aims to build a new paradigm for Meme-based art asset issuance, generating greater consensus and value for the communities and holders.
Orbiter Finance, a widely-used protocol and the leader in cross-L2 bridges, manages a substantial volume of transactions and serves a vast user base.
Partnership Framework
Orbiter will offer strategic support for Color Protocol’s conversion protocol to create a secure and convenient conversion experience for users together.
Through this collaboration, Color Protocol can leverage Orbiter’s cross-chain technology to establish consensus for more Memecoins on different chains while ensuring optimal security. Orbiter will benefit from increased cross-chain demand from Memecoins, strengthening its dominance in the cross-bridge sector.
Memecoins will be a most powerful engine for on-chain user growth, and Color Protocol is the fuel that ignites this process.
More information about Orbiter
Website: https://www.orbiter.finance/
Twitter: https://twitter.com/Orbiter_Finance
Medium: https://orbiter-finance.medium.com/
More information about Color Protocol
Website: https://www.colorprotocol.com/
Twitter: https://twitter.com/Color_BC404
Medium: https://medium.com/@Colorful404