Raze Network & Phantasma Partnership Announcement
Dear Raze Community,
We are very happy to secure another partnership. This one is with Phantasma, a fast, secure, and scalable blockchain solution powered by dual governance tokens that allow for interoperability with other blockchains while maintaining a decentralized governance system.
Phantasma provides a wide range of services through its innovative staking mechanism, dual token system, and advanced non-fungible tokens, which allow users to access digital goods & services such as communication, entertainment, marketplaces, and storage.
Our partnership was reached quickly because of the overlapping services and partner network, making this friendship obvious. Both teams ultimately aim to break the current blockchain hurdles and intend to create a versatile environment for crypto users where they would feel at ease using the native services built on top of this technology.
In this partnership, Raze Network will utilize its second-layer decentralized anonymous module to provide an additional protection layer for the tokens in the Phantasma ecosystem.
Phantasma also wants to broaden its service scope to communication, entertainment, trading in marketplaces, and storage, which all call for heavy data handling and protection capabilities. We believe, with our knowledge of zero-knowledge algorithms and implementation of zkSNARK techniques on Ethereum, we can offer substantial help to our partner.
In return, the staking mechanism and NFT are both areas Raze Network wants to explore with Phantasma.
Phantasma is a fast, secure, and scalable cross chain blockchain solution that allows developers to build decentralized applications (Dapps) with the focus on gaming and NFTs. Phantasma lays out a solid foundation for developers with Ghostmarket, Pavillion Hub and its integrated storage solution.
About Raze Network
Raze Network is a Substrate-based cross-chain privacy protocol for the Polkadot ecosystem. It is built as a native privacy layer that can provide end-to-end anonymity for the entire DeFi stack. The Raze Network applies zkSNARKs to the Zether framework to build a second-layer decentralized anonymous module. It will then be imported as a substrate-based smart contract. The objective of Raze Network is to enable cross-chain privacy-preserving payment and trading systems while protecting the transparency of your assets and behaviors from surveillance.