KuCoin and DeMR recently announced a strategic investment and cooperation. Kucoin announced via their official X/Twitter account. According to the tweet, the parties will construct the largest scan-to-earn spatial internet infrastructure in the world. Leading decentralised MR infrastructure DeMR will be essential to the collaboration.
DeMR, which was created on Solana, is presently introducing users worldwide to MR. On X/Twitter, the network also posted about its most recent strategic alliance with KuCoin. DeMR is announcing the introduction of its first official whitelist community programme in honour of this cooperation. The opportunity to mint their first Compass NFT on priority is available to all members of the whitelist.
The event had a 300 person maximum, and it was made known that it would close as soon as that number was met. DeMR only needed thirty minutes to get to the suggested limit. However, the KuCoin exchange has also been expanding through new partnerships as it makes its way through the market. The platform and Zoopia, a website devoted to Bitcoin staking, recently partnered.
The goal of the collaboration is to improve how cryptocurrency fans communicate with BRC tokens. The goal of Zoopia is to create an ecosystem where users may take advantage of auto-compounding and staking BRC20 tokens.
Not only that, but KuCoin collaborated with BRC20 tool aggregator Biis to strengthen the BTC ecosystem. Additionally, the cooperation is expected to alter how users interact with BRC tokens. As a result of the partnership, Biis has included the Ordinals protocol for increased security and convenience.
Considering KuCoin’s market dominance, these partnerships have been advantageous to both sides. In a similar vein, DeMR stands to benefit greatly from the collaboration.