Ontology Inks Partnership with Staking Technology Company Moonstake
Partnership established to promote staking activity in Japan and power community engagement
Ontology is delighted to officially announce an exclusive partnership with Moonstake Pte, a leading blockchain and staking technology company. The strategic partnership is geared towards elevating the status of Proof-of-Stake (PoS) transaction validation in Japan while exploring opportunities for collaboration around community engagement initiatives and the promotion of staking activity.
Specializing in staking and blockchain technologies, Moonstake’s scalable staking pool protocol for token holders limits the operating costs related to sudden user base expansion. Staking adopts Proof-of-Stake (PoS) as a type of consensus algorithm, enabling crypto holders to leverage their holdings for rewards while providing operation-critical support to blockchain networks.
Establishing a clear partnership roadmap with Moonstake represents another significant milestone for Ontology as we continue to strengthen ties with leading platforms across Asia’s burgeoning Distributed Ledger Technology (DLT) ecosystem.
As part of the new alliance, Binarystar, Japan’s largest blockchain hub, and Moonstake partner firm, will provide strategic marketing counsel to both platforms, while offering unrivaled market insights and event support.
Commenting on the announcement, Ontology’s Co-Founder Andy JI said, “We are firmly committed to broadening the deployment of ONT tokens as far and wide as possible, within vibrant markets. This partnership enables new swathes of staking users to delegate their own ONT in Moonstake’s diverse staking pool and will lead to a confluence of joint community engagement between our platforms. Moonstake and Binarystar share our vision to drive mainstream adoption of blockchain technology while cementing Asia’s position as a dynamic blockchain hub defined by robust competitiveness.”
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