Many of these infancy crypto projects are still in developing stage, but forming the right partnerships can help these crypto projects mature together and offering real enterprise solutions
But this "partnerships" does not mean nothing as this projects does not exist. They must have partnerships with working projects.
Partnership announcements is a also a form of marketing to inform supporters that the team is strengthening their organizational and development structures. Like they say, more heads are better than one.
114+ partnerships have chosen credits because they know the credits can outperform others and can create their CS blockchain. If not why would companies even waste their time to sign partnerships.