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DuckDAO and TRON Strengthen Strategic Partnership

DuckDAO and TRON Strengthen Strategic Partnership
  • DuckDAO and TRON have agreed to strengthen their strategic partnership.
  • DuckDAO services like IDOs will now be available on TRON.
  • The cross-chain partnership will help DuckDAO expand its ecosystem.

DuckDAO and TRON have agreed to strengthen their strategic partnership. The two have resolved to expand their ecosystems through a cross-chain integration.

Of note, top crypto YouTuber Sheldon Evans recently proposed that the future of cryptocurrency heavily relies on cross-chain partnerships. Evans argued that crypto is a positive-sum game, thus cross-chain partnerships help elevate the entire industry.

In line with this, both TRON and DuckDAO stand to benefit from the new partnership. On the one hand, DuckDAO, a community-backed incubator for early-stage crypto startups, will benefit from TRON’s scaling and lower gas fees.

On the other hand, TRON, a strong DeFi solution provider, will join Ethereum, Binance, and Polkadot blockchains which are already part of the DuckDAO ecosystem.

In addition, DuckDAO services will now be available on the TRON blockchain. Moreover, developers building on TRON can also take part in the DuckDAO community and can launch Initial DEX Offerings (IDO) for their projects. Particularly, IDO’s help crypto startups raise funding for their projects.

Notably, as an incubator, DuckDAO not only provides expert, financial, and marketing support to crypto startups. In fact, the incubator also helps the projects crowdsource funding. For instance, DuckDAO incubated project ethbox recently successfully closed its whitelist IDO. Also, ethbox will soon list its EBOX tokens on Uniswap.

 In the near future, DuckDAO will also similarly help launch TRON-built projects.

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Avid reader and writer with a passion for sharing crypto news and trends. Uses her background in finance to help readers better understand the crypto market and investments. Hopes to see mainstream crypto adoption in the near future, especially in Africa.