COTI announces partnership with Lovelace. Here is the original news on this pairing titled, “COTI Partners with Lovelace to Explore Potential Integrations such as ADA Pay and Djed” or you can read below.
We are happy to announce a partnership with Lovelace, a DeFi-Enabled NFT marketplace for Cardano.
COTI and Lovelace will integrate in order to provide an ADA Pay solution to make it easy for the Lovelace community members to pay with ADA.
Furthermore, as the issuer of Djed, Cardano’s new stablecoin that is set to become the network’s premier stablecoin, COTI will work alongside Lovelace on incorporating Djed into the Lovelace Marketplace as a default stablecoin currency on Cardano, which will provide added demand, thus a greater value to Djed.
Lovelace commented:
“We are thrilled to partner with COTI after years of working with the team and watching them grow into one of crypto’s leading payment service companies. Integrating COTI’s payment and stable coin infrastructure into Lovelace’s Metaverse-as-a-Service toolkit will help pave the way for customers and capital into the Lovelace platform and the Metaverse”.
“We are happy to collaborate with Lovelace to explore potential synergies for the good of the Cardano ecosystem, that will include the ADA Pay and Djed solutions and increase value for their users.” Said Shahaf Bar-Geffen, COTI CEO.
About Lovelace World
Lovelace empowers creators to realize the potential of the Metaverse through its NFT marketplace, Play-to-Earn gaming engines, smart contracts, launchpad, and partner integrations.
Our Metaverse-as-a-Service toolkit helps creators breathe life into their NFTs, games, digital economies, and worlds across Cardano and other blockchains.
