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Home Blockchain News

Ridotto and Moralis Announce Their Partnership

Howard Clark by Howard Clark
July 27, 2021
in Blockchain News
0
Ridotto and Moralis Announce Their Partnership

Ridotto is a cross-chain gambling and lottery operator that prides itself on transparency, security, and absolute user anonymity. They aim to develop a community-driven open protocol. Ridotto wants to create a protocol where users can develop games and earn rewards from them by becoming a part of and providing liquidity to the DeFi ecosystem.

They are now entering into a partnership with Moralis. Moralis is a Web3 middleware solution that operates server-less. In addition, Moralis will provide Ridotto with the services of their infinitely scalable blockchain backend. The partnership has been to expedite Ridotto’s blockchain development.

Ridotto management has announced that after their initial POC, they are delighted with the quality of service offered by Moralis. The partnership with Moralis will primarily be geared towards the development of Ridotto product dApp. The dApp will try to create a balance between token staking and NFT farming by incentivizing users.

CTO of Ridotto, Mohammed Marragh, has stated that Moralis Technology will go a long way in fast-tracking the blockchain learning curve. He believes that Moralis will be one of the technology leaders of the future. Moralis also has a very advanced Web3 backend that prevents developers from having to maintain the Web3 infrastructure manually. This feature will be used for Ridotto while developing the dApp.

Moralis has also shown a lot of appreciation for Ridotto. They believe that Ridotto’s cross-chain mentality is perfect for their operational model. Founder of Moralis Ivan believes that the dApp will be an exciting representation of the Moralis and Ridotto compatibility.

There are a lot of changes happening in the world of blockchains. Every day new technologies are driving out the old. As a result, companies are constantly trying to enter relationships that will help them survive and adapt to this quickly changing landscape.

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Howard Clark

Howard Clark

Howard Clark is one of the best price analysis writers at BitcoinNewsUpdates. He loves to gather all the historical data and analyze them to predict the future trend of cryptocurrencies and then make his analysis pieces. In his free time, he learns new strategies and trades major cryptocurrencies.

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