Topic: STRATEGIC PARTNERSHIP IS NOT IMPORTANT, UNLESS... (Read 178 times)
Partnerships are always good. They make the decision making process easy and error free and there will be less chances of going for a way that will be a doom for them. a strategic partnership will be a good thing for the companies in crypto too.
Strategic partnership enables two different companies to use each other's tools to gain profit from both their markets and industries. Recently, Binance and Tron announced a strategic partnership with the government of Malta. Which will enable all three parties to utilize their best features to gain competitive advantage in the market.
Strategic partnership is profitable for both companies. It helps both the companies to reach their goals and missions much faster. Also sometimes going for strategic partnership might add more reliability on the companies and helps to offer better products and services. It also helps to have a greater advantage over competitors and getting access to new markets and regions sometime.
I think the crypto will do something better in the future. There is no partnership here. Try to control the government as much as possible. No work will be done. I think crypto free and decentralization. Trade,.io here will do something good.
This strategic partnership thinking is really amusing. I think working with the partnership, making the merge and collaborating one company with another like the strategic partnership is a green light for the crypto- market. These things can solve many issues many projects are facing now. A nice move for a better future and a nice topic to discuss also as everybody needs to know it.
Thomson Reuters has recently partnered with Cryptocompare, the global cryptocurrency market data aggregator. Both companies will be working together with their vast collection of data and information. That’s, how strategic partnering is key to beneficials.
It’s pretty good article I think and it’s contain man7y information. But I think I am searching for which contain better strategic partnership.
That's going to be mainstream. I'm sure all of us would be happy and becoming rich soon. Companies around the world will work together especially in the world of FIntech industry,AI and IOT will begin in the year 2019.
Of course you're right. Strategic partnership may not be what makes the cryptocurrency stay forever except the government give support for it to be accepted as a means of payment. But I think if the calibre of people supporting the cryptocurrency are those leading both in economy and technology, the government may stay convinced and give total support.
Strategic partnership is indeed a great way for two organizations to make profit and development by leveraging each other's advantages. Recently, Thomson Reuters has also partnered with Cryptocompare, the global cryptocurrency market data aggregator. In order to provide trading professionals with a full view of the cryptocurrency market both companies will be working together with their vast collection of data and information.
having a strategic partnership will give the small companies to grow. Given how fierce the crypto market is in terms of competitions, this will be a good thing for the newcomers. Otherwise the market will face a monopolistic or an oligopoly trend.
Tell me the best strategic partnership y'all think..
We all know that cryptoworld is still in the beginning. It means that crypto is managing themselves to fits properly in a new world where they don't exactly know what will happen to it. Or, to make it simple, go with the flow.
We can see three main aspect in crypto: Crypto itself, Investor and Government.
At first crypto was born without know one noticed. Bitcoin. I don't even know what bitcoin was if there was no Wannacry Virus attack last year.
When people knew the price of bitcoin is rising, they fomo-ed. They became the investors. As they invested, they started to know about blockchain. With the unusual ROI, goverment slowly trying to regulate crypto.
Some cryptocurrency were failed already, some turned out to be scam project, but a little will be your best investment. In this early stage of crypto, one cannot stand alone to survive. You see how some ICO are competing each other, they are like copy-ing each other. But, the one backed with Venture Capital will always win. But, how to survive in long term?
The answer is to build a strategic partnership. It means they cooperate in order to keep existing or to overcome the future's problem, or maybe to make their tasks easier.
Take a look at this example :
1. Medibloc ($MED) made a strategic partnership with Policypal Insurance ($PAL)
Medibloc is korean based blockchain, focused on the development of blockchain on health industry. They use blockchain to keep the personal health data, so you don't have to double-scan your body for unneccessary reason.
Policypal Insurance is singapore based blockchain, focused on providing insurance in crypto industries.
So how will they benefit?
First, MED is guarantee-ing their customer that their data is safe in the blockchain. So, to make sure it is safer, they made a strategic partnership with PAL. On the other side, PAL is making sure that what MED is on the track, then to make a statement that it is safe and guaranteed. If MED, let say, is hacked, PAL will audit their contract, etc, and paying them with their tokens, hopefully to minimize the loss. Also, MED is participating in government-funded project (NIA project). PAL is automatically has a great marketing just by partnering with MED.
2. Trade.io ($TIO) and ICO Watchdog ($DOG)
Trade.io is Swiss-based crypto, aiming to disrupt the traditional financial system. Their objective is to bridge the traditional financial sytem into modern technology by blockchain. They have successfully raised more than $30 million. They are delivering their promises by launching an exchange, where we can trade crypto, forex, commodities, CFD, OTC. They have Liquidity Pool, which will return 50% of profits to community based on their TIO holding. They also make an ICO Listing Service to their clients, willing to list to trade.io exchange.
This is where they need ICO Watchdog. DOG provides scamwatch and tokengrade feature. With this feature, TIO can use it to analyze every ICO who intends to list on trade.io exchange. Making sure they are very qualified. Lots of clients are already on the pipeline to get listed on trade.io. With this partnership, they can work faster. Also, they can audit the contract easily, thanks to DOG's feature: Tokengrade.
On the other hand, DOG will get best team to promote their tokens, by get listed in trade.io. Also, TIO will airdrop their clients' token.
Anyway, TIO is having a lot of partnerships. Go check trade.io. And don't forget to register yourself first to the exchange. register.trade.io https://trade.io/l/ezvl
You see how crypto is so much volatility that strategic partnership cannot be ignored. And when they keep exist until government are friendly with crypto, until regulation is done, you know what will happen to the crypto, right?
We can see three main aspect in crypto: Crypto itself, Investor and Government.
At first crypto was born without know one noticed. Bitcoin. I don't even know what bitcoin was if there was no Wannacry Virus attack last year.
When people knew the price of bitcoin is rising, they fomo-ed. They became the investors. As they invested, they started to know about blockchain. With the unusual ROI, goverment slowly trying to regulate crypto.
Some cryptocurrency were failed already, some turned out to be scam project, but a little will be your best investment. In this early stage of crypto, one cannot stand alone to survive. You see how some ICO are competing each other, they are like copy-ing each other. But, the one backed with Venture Capital will always win. But, how to survive in long term?
The answer is to build a strategic partnership. It means they cooperate in order to keep existing or to overcome the future's problem, or maybe to make their tasks easier.
Take a look at this example :
1. Medibloc ($MED) made a strategic partnership with Policypal Insurance ($PAL)
Medibloc is korean based blockchain, focused on the development of blockchain on health industry. They use blockchain to keep the personal health data, so you don't have to double-scan your body for unneccessary reason.
Policypal Insurance is singapore based blockchain, focused on providing insurance in crypto industries.
So how will they benefit?
First, MED is guarantee-ing their customer that their data is safe in the blockchain. So, to make sure it is safer, they made a strategic partnership with PAL. On the other side, PAL is making sure that what MED is on the track, then to make a statement that it is safe and guaranteed. If MED, let say, is hacked, PAL will audit their contract, etc, and paying them with their tokens, hopefully to minimize the loss. Also, MED is participating in government-funded project (NIA project). PAL is automatically has a great marketing just by partnering with MED.
2. Trade.io ($TIO) and ICO Watchdog ($DOG)
Trade.io is Swiss-based crypto, aiming to disrupt the traditional financial system. Their objective is to bridge the traditional financial sytem into modern technology by blockchain. They have successfully raised more than $30 million. They are delivering their promises by launching an exchange, where we can trade crypto, forex, commodities, CFD, OTC. They have Liquidity Pool, which will return 50% of profits to community based on their TIO holding. They also make an ICO Listing Service to their clients, willing to list to trade.io exchange.
This is where they need ICO Watchdog. DOG provides scamwatch and tokengrade feature. With this feature, TIO can use it to analyze every ICO who intends to list on trade.io exchange. Making sure they are very qualified. Lots of clients are already on the pipeline to get listed on trade.io. With this partnership, they can work faster. Also, they can audit the contract easily, thanks to DOG's feature: Tokengrade.
On the other hand, DOG will get best team to promote their tokens, by get listed in trade.io. Also, TIO will airdrop their clients' token.
Anyway, TIO is having a lot of partnerships. Go check trade.io. And don't forget to register yourself first to the exchange. register.trade.io https://trade.io/l/ezvl
You see how crypto is so much volatility that strategic partnership cannot be ignored. And when they keep exist until government are friendly with crypto, until regulation is done, you know what will happen to the crypto, right?
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