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August 09, 2018, 05:47:15 AM |
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MONEYNET has signed a Memorandum of Understanding (MoU) with blockchain startup EtherLab. Under this agreement, Etherlab will provide investors with blockchain and cryptocurrency news, investment information, and basic tutorials & cryptocurrency how-to guides for beginners.
MONEYNET, founded in November 2016, has announced the launch of an initial coin offering (ICO) to introduce an incentive-based social network service using blockchain technology. MONEYNET also has been announcing strategic partnerships with top blockchain companies in their expansion.
WaltonChain, Korea-China collaborative blockchain company, is one of this partnerships MONEYNET formed to improve its community development plans both nationally and internationally. The market capitalization of WaltonChain was about $280 million (As of 13 July 2018, Coinmarketcap).
“We are expecting that this partnership can expand MONEYNET’s reach to cryptocurrency communities,” said an official announcement from Moneynet.
EtherLab currently has partnerships with over 30 blockchain community channels and 90 media agencies. And it also publishes CoinNews.com, free blockchain magazine providing blockchain industry news and important information.
“Under the MoU with MONEYNET, we are aiming to create synergy when it comes to providing more accurate and faster news delivery,” said Kyoung Soo Kim, CEO of EtherLab.
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