- Pontem Network has made a partnership with Pinknode.
- Diem users will enable access to all features created in the Pontem ecosystem.
- Collaborating will improve Polkadot’s present infrastructure to profit DApp developers.
Pontem Network has made a partnership with Pinknode. Through this collaboration, both teams will aim to offer crucial infrastructure for Web 3.0 uses.
Pinknode is the most popular and trusted node infrastructure provider on Polkadot. However, its goal is to accelerate adoption and empower innovators to easily create Web 3 apps without having to worry about managing node hardware and software. Pontem was founded in 2020, which is a Dapp framework developed on the Polkadot ecosystem for experimentation on the Facebook-backed Diem blockchain.
Pontem Network, in collaboration with Pinknode’s Polkadot node infrastructure, could serve global entrepreneurs testing product-market fit in an incentivized public network, prior to migrating their applications to the permissioned Facebook-backed Diem Blockchain.
Moreover, the Pontem empowers global entrepreneurs to experiment easily with new ideas before porting to Diem’s Move technology marketplace. Simultaneously, Diem Blockchain users will enable access to all of the features created in the Pontem ecosystem, as these two networks will be interoperable.
Pontem Founder Boris Povod,
“We are excited about collaborating with another project that is aligned to our goals, allowing us both to achieve our full potential. With Pinknode acting as our primary infrastructure provider, their reliable and secure API endpoints will be a key building block to completing our joint goal of improving Polkadot’s current infrastructure.”
Through building on Polkadot, the team ensures that any project integrating to the Parachain is interoperable with the Diem Blockchain. This enhances all products developed on Polkadot to integrate with the Diem Blockchain via the Pontem ecosystem. It also brings huge attention to the venture by providing an extra degree of freedom and customization to Diem’s ecosystem.
Collaborating with Pinknode is critical as both teams share the same goals of improving Polkadot’s present infrastructure to profit DApp developers. As Pontem creates the Polkadot-related public alternative to Facebook-backed Diem, Pinknode will enable Pontem with secure, reliable, and scalable API endpoints as the main infrastructure provider.
In addition, Pinknode’s code enables connecting DApps to the present Kusama developmental marketplace for Polkadot developers. More so, the Pinknode is also the most well-known customizable API provider of endpoints in the Polkadot ecosystem, and having their services connected with the Pontem Network is a crucial milestone and vote of confidence in the strategy of Pontem’s.
Pinknode Co-Founder Eric Poh explained that Pinknode completely supports pontem’s goal to build a bridge to Diem’s permissioned blockchain and potentially onboard lots of users onto the Polkadot platform. Also, this collaboration will enable DApp developers the infrastructural support they need to expand and accelerate the revolutionary potential of Polkadot’s cross-chain interoperability.
The collaboration with Pinknode marks another huge milestone for Pontem. Even more, the project has raised $4.5 million in private funding from Mechanism Capital, Kenetic Capital, Animoca Brands, and others. More so, developing a testing ground for Diem, and enabling the public permissionless creation of new protocols and communities will prove advantages to the blockchain industry as a whole. In addition, developers can now start to develop apps that could easily be ported to the Diem Blockchain.
Creating a testing ground for Diem, and allowing for the public permissionless development of new protocols and communities will prove beneficial to the blockchain industry as a whole. With an operational Pontem Network testnet built on Substrate, developers can now begin to build applications that can easily be ported to the Diem Blockchain.