NEW YORK, NY / ACCESSWIRE / August 18, 2022 / EdenLoop Network Inc. (CEO Justin Hur), an NFT open-designed marketplace, has announced that it will expand the ecosystem through a technological alliance with 'ApolloX', a global decentralized service (DEX-as-a-Service).
The technological alliance between the two companies is expected to be an opportunity to expand the scope and add new products to the ecosystem that provides decentralized services (DEX-as-a-Service) as well as global awareness and expansion of the NFT ecosystem.
ApolloX is one of the top 10 decentralized exchanges (DEXes) on CoinMarketCap as of June 2022 with a record of $162.51 billion trading volume and top 3 DEX as of January 2022.
In 2023, ApolloX will execute its roadmap and continuously improve on its degree of decentralization. It will also continue to expand its strong network of partners with platforms and companies like CoinMarketCap, PancakeSwap, and Banxa Holdings.
EdenLoop is an NFT portal stood out from the blockchain P2E market, and it is one of the projects attracting global investors because of its technological prowess and acting as a pioneer in new markets. EdenLoop has attracted public's attention globally as an NFT portal with the funding of 50 million dollars in 24 hours on Gate.io Startup event, and the funding amount has surpassed MARBLEx. This shown that EdenLoop gained more attention that Netmarble, (2,055.9 billion won sales revenue and 154.5 billion won operating income in 2021) mother company of MARBLEx.
EdenLoop official mentioned, "The cooperation of the ApolloX DEX Engine and EdenLoop's BlockLoop Engine is expected to expand the ecosystem in Edenloop by adding new products to ecosystems that provide decentralized services (DEX-as-a-Service). Users are expected to have more controlled, valuable, and accessibility in using virtual asset transactions on Edenloop's NFT portal."
EdenLoop Signed a Business Partnership with ApolloX to Expand Its Ecosystem (accesswire.com)