Qitmeer Network, a cutting-edge public blockchain, has collaborated with Catalyst Ventures, an advanced investor-driven platform to power blockchain ventures. The partnership focuses on advancing Web3 innovation. The platform revealed the details of this endeavor in a recent post shared on its social media account.
Qitmeer Network Announces Partnership with Catalyst Ventures to Advance Web3 Innovation
As a part of Qitmeer Network’s partnership with Catalyst Ventures, both the entities aim to unlock exclusive growth opportunities. For this purpose, the collaboration merges the L2 infrastructure of Qitmeer with the wider investor network and Web3-centered funding mechanisms of Catalyst Ventures. Qitmeer Network follows Islamic finance rules to provide the users with a reliable platform.
Qitmeer Network considers this partnership a notable move in achieving its objective of developing an inclusive, ethically grounded, and scalable blockchain ecosystem. It offers a unique Proof-of-Randomness consensus. In this way, it has already gained a considerable recognition as a leading player when it comes to faith-based Shariah-compliant and DeFi blockchain services. Together, the companies attempt to co-create infrastructure projects, improve consumer adoption across diverse regions, and incubate profitable startups.
Driving Merger of Financial Inclusion, Investment, and Innovation
According to Qitmeer Network, the collaboration with Catalyst Ventures is beneficial for both the platforms. By merging the strengths of both the parties, the platforms show commitment to revolutionize the Web3 ecosystem with innovative solutions. Hence, while the Web3 sector continuously evolves, this joint effort is poised to become a catalyst, bridging inclusion, investment, and innovation.
