By Nermeen Nabil Khear TLDR
- Singularity Finance and Functionland (Crestal brand) announced a partnership to enhance Web3 infrastructure
- Crestal will integrate with SFI ecosystem, providing tools for blockchain development and deployment
- Partnership focuses on supporting AI and real-world asset tokenization initiatives
- FULA token will launch on SFI mainnet as part of the collaboration
- Both companies aim to simplify blockchain development and increase Web3 adoption
Singularity Finance announced today a new partnership with Web3 infrastructure provider Functionland, marking a major step in expanding blockchain development capabilities. The collaboration brings Functionland’s Crestal platform into the SFI ecosystem, aiming to make blockchain development more accessible to developers.
Under the new partnership, Crestal will integrate its development tools directly into the SFI ecosystem. This integration allows developers to use Crestal’s platform to build and deploy blockchain solutions specifically optimized for the SFI network.
The partnership addresses a key need in the blockchain space by providing developers with improved tools for creating decentralized applications. Crestal’s platform uses a modular approach, which they call a “Lego platform,” letting developers piece together different components to build their blockchain applications.
One of the main features of this collaboration is the planned launch of the FULA token on the SFI mainnet. This token launch represents a concrete step in connecting the two platforms and their communities.
The head of incubation at Singularity Finance, Amaury Dalleur, explained the reasoning behind the partnership.
“Bringing Crestal into the SFI ecosystem is an important step in enhancing the infrastructure available to developers,” said Dalleur.
He emphasized how the partnership aligns with SFI’s focus on AI and real-world asset tokenization.
Functionland’s founder, Ehsan Shariati, shared his perspective on the collaboration. “Singularity Finance provides the ideal ecosystem for Crestal’s blockchain infrastructure to thrive,” Shariati stated, highlighting the natural fit between the two companies’ technologies.
The partnership particularly focuses on supporting projects that work with artificial intelligence and real-world asset tokenization. These areas represent key growth sectors in the blockchain industry, where developers need specialized tools and infrastructure.
Both companies plan to work together on making blockchain development more efficient. The Crestal platform aims to simplify the process from initial design to mainnet deployment, reducing the technical barriers that often slow down blockchain projects.
This collaboration fits into SFI’s broader strategy as an AI-centric EVM-compatible Layer 2 blockchain. The platform focuses on bringing AI-related activities onto the blockchain, including the tokenization of AI assets and services.
The partnership includes plans for technical integration between the two platforms. Developers will be able to access Crestal’s tools directly through the SFI ecosystem, creating a more streamlined development process.
For the blockchain development community, this partnership means access to new tools and resources. Developers building on SFI will have additional options for creating and deploying their applications using Crestal’s infrastructure.
The collaboration also involves exploring new ways to support Web3 adoption. Both companies plan to work on making blockchain technology more accessible to a wider range of developers and users.
Technical details of the integration include support for designing blockchain architectures from scratch and tools for deploying them to the mainnet. These features aim to speed up the development process while maintaining quality and security.
The partnership announcement comes as both companies continue to expand their presence in the Web3 space. Singularity Finance operates as part of the SingularityNET ecosystem, while Functionland continues to develop its infrastructure solutions under the Crestal brand.
Development teams from both companies will work together on implementing the integration. This includes creating documentation and resources to help developers take advantage of the new tools and capabilities.
The post Singularity Finance Teams Up with Functionland to Boost Web3 Development Tool appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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