Partnership Announcement: Hello, Teleport Network
Function X is delighted to announce a partnership with Teleport Network to utilize its core products — Teleport Wallet, Teleport Bridge, and TeleSwap.
Teleport Network is a major project from Davion Labs — a crypto impact incubator founded by Bybit. Davion Labs,with support from Bybit and its expansive ecosystem, is committed to supporting top-notch crypto and blockchain projects through its extensive resources and strong network — together paving the way towards the robust growth and expansion of the Web3 ecosystem.
Teleport Network provides the infrastructure and framework support for frictionless cross-chain communications between disparate blockchain networks. The network is designed to facilitate cross-chain communication amongst siloed chains and ecosystems, as well as provide infrastructure and framework support for building interoperable dApps for the Web3 economy.
In addition, Teleport Network entered into a partnership with Bitverse; a data-driven protocol developed to deliver an all-in-one Web3 experience for users, enabling the monitoring and aggregation of trending Web3 topics, projects, and assets.
Through this previous partnership, Teleport Network enables the Teleport community leverage reliable Web3 data by using on-chain and relevant off-chain information & insights surrounding trending Web3 topics provided by Bitverse. Hence, Function X looks forward to leveraging the Web3 data provided by Bitverse in partnership with Teleport network.
Function X’s EVM compatible chain on f(x)Core will be integrated into the Teleport Wallet in the first phase. Teleport Wallet is an omni-chain wallet extension that supports cryptocurrency transfers and decentralized applications (dApps) on EVM & Cosmos networks, with plans to integrate other blockchains such as Solana, Polkadot and more; hence, making for a robust multi-verse and multi-identity functionality.
This partnership will move to integrate the f(x)Core with Teleport Bridge and TeleSwap in the next phase, enabling users to execute cross-chain swaps and transfer between chains.
By providing our community with access to the browser extension wallet and protocols that support EVM networks, Cosmos networks, and other blockchains, we are broadening the horizons of the Function X ecosystem with the collaboration of Teleport Network.
– About Function X Foundation
Function X Foundation is a non-profit, independent organization that supports the growth of the Function X Ecosystem, a next-generation internet service framework, built entirely on and for the blockchain. It is a completely new ecosystem providing a novel service framework by improving the existing internet and blockchain architectures, combining the benefits of both, and using the most commonly used technical solutions. The Foundation has been set up to manage the usage of the Ecosystem Genesis Fund, which aims to motivate, encourage and facilitate service providers to join and get rooted into the Function X Ecosystem.
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– About Teleport Network
Teleport Network is an innovative interoperability platform geared with a mission to accelerate dApps and crypto assets towards a multi-chain future, and it constantly implements new approaches to accomplish this. Teleport Network consists of a cross-chain messaging protocol developed for Teleport bridge implementation, an omni-chain wallet (TeleWallet), and developer SDKs for cross-chain dApp integration.
