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iMe said the partnership with DWF Labs will significantly impact the future of decentralized communication and finance.
iMe Platform, a Web3 social media messaging app powered by Telegram’s application programming interface (API), has secured a strategic partnership with DWF Labs, a crypto-focused market maker, to promote its ecosystem and enhance growth.
The platform, co-founded by Alex Borutskiy, offers multifunctional capabilities, granting users access to the decentralized finance (DeFi) ecosystem and the artificial intelligence (AI) market. It also includes a crypto wallet that enables users to interact with the emerging economy.
iMe Partners DWF Labs for Ecosystem Expansion
iMe plans to further develop its ecosystem through its partnership with DWF Labs.
In a social media announcement on April 24, the platform said the collaboration with the crypto market maker was accompanied by a financial investment, although the multifunctional messaging app did not disclose the amount it received from DWF Labs.
🔥 iMe and @DWFLabs have officially joined forces in a strategic partnership! 🔥
⚡️ DWF Labs represents the new generation of #Web3 investors and market makers, distinguishing itself as one of the world's foremost high-frequency crypto trading entities.
🙌 The scope of the… pic.twitter.com/T0szz41lRm
— iMe Smart Platform (@iMePlatform) April 24, 2024
The Web3 platform said the funds will empower the project to fulfill its commitment to the community while exploring new avenues for growth and innovation. Additionally, the funds will provide the necessary resources and support to expand its reach and impact.
In addition to the financial investment, the partnership will see DWF Labs provide market-making and yield support to iMe. The move aims to foster a more vibrant trading environment within the iMe ecosystem.
The market-making is expected to enhance liquidity and trading opportunities for users interacting with the platform, ultimately driving the project’s growth and success.
Blockchain Partnerships with DWF Labs
iMe said the partnership with DWF Labs will significantly impact the future of decentralized communication and finance. The union is expected to bring about positive changes and advancements in the crypto space.
“The union between iMe and DWF Labs will redefine the future of decentralized communication and finance, bringing accessible and hype-worthy technology to the #crypto community worldwide,” said iMe on X.
Meanwhile, iMe is not the only crypto platform that has recently partnered with DWF Labs. This year alone, other blockchain projects such as Klaytn and Floki Inu have also secured strategic partnerships with the firm.
Klaytn, an open-source, public blockchain known for its focus on enterprise-grade reliability and scalability, received financial investment from DWF Labs through the sale of its native token, KLAY. On the other hand, Floki Inu, a meme project inspired by Elon Musk’s Shiba Inu dog, secured a substantial $10 million investment from DWF Labs.
In 2023, DWF Labs invested in several other projects, including TokenFi, DMCC, ARPA Network, AirDAO, and Conflux. These investments reflect DWF Labs’ commitment to supporting innovative blockchain projects and technologies across the industry.
