[PR March 6, 2023]
Shardeum, a leading layer 1 protocol on Ethereum and OKX Wallet, a leading self-custodial solution for digital assets, has announced a strategic partnership. OKX Wallet will support Shardeum Testnet launch in Q1 2023, with full integration to follow shortly after. Shardeum’s dynamic state sharding technology enables linear scalability while maintaining atomic composability. The project’s co-founders, Nischal Shetty and Omar Syed, have extensive experience in the crypto and distributed systems engineering industries, respectively.
Under the terms of the partnership, OKX Wallet will be the exclusive reward contribution wallet in future Shardeum marketing campaigns. In addition, all Web3 products developed by the world’s leading cryptocurrency exchange, OKX, will fully support the Shardeum ecosystem, this includes the OKX wallet, OKX NFT Marketplace, and built-in OKX DEX.
Other collaboration areas include incubation with OKX Web 3 Operation Campaigns, Twitter Space AMAs, offline event sponsorship and collaborations, OKX Venture Engagement, and a banner page on OKX Discover, the exchange’s one-stop platform for discovering decentralized applications. OKX Wallet will also become the recommended integration option for projects deployed on Shardeum. Furthermore, OKX Wallet and OKX Web 3 will also cooperate to develop Shardeum’s go-to market plan.
Shardeum is a linearly scalable Ethereum Virtual Machine based layer 1 solution that uses dynamic state sharding to increase transactions per second with each node added to the network while retaining atomic composability. The project is co-founded by Nischal Shetty, Co-Founder & CEO of India’s largest crypto exchange, WazirX, and Omar Syed, a distributed systems engineer with 30-years experience at NASA, Yahoo, Raytheon and Zynga. The project’s investors include Struck Capital, Jane Street, The Spartan Group, and Balaji Srinivasan.
OKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. Trusted by more than 20 million global customers, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere. Beyond OKX’s exchange, the OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens along with access to over 10,000 dApps.
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