MOONSTAKE GROWS MOMENTUM IN STAKING POOL CLIENT DEVELOPMENT

Today, Moonstake announced its partnership with Quras that allows staking pool participants to stake XQC to earn XQG.

Moonstake is in the process of establishing the requisite technical environment to operate as a node with full cooperation by Quras.

“Moonstake is delighted to welcome Quaras to the Moonstake family. Our growth and acceleration in client development is evidence of a robust staking marketplace and we aspire to be one of the industry leaders in helping shape this industry,” said Alex Hui, Director of Moonstake.

Quras will provide public relations and technology support. Moonstake’s partner Binarystar, which runs Japan’s biggest Blockchain Business Hub in Tokyo, has agreed to enter into this partnership to support these activities by hosting events and overseeing community development.

“Staking is a great opportunity to join the ecosystem through blockchain validation. Also, joining a staking pool simply helps to add more active users for us. We have been considering which pool to partner with as our first. The Moonstake team is established from a professional team with experience, which was just what we were looking for,” explained Ken Misuma, CMO of Quras. “We are thrilled to announce our partnership with Moonstake.”

Quras has a strong community in Japan and through this partnership together with Binarystar, Moonstake anticipates further cooperation in building its presence in the Japanese market.

MOONSTAKE CONTINUES TO BUILD MOMENTUM IN ASIA.

Moonstake Pte Limited, entered into a strategic business alliance with Ontology, a high-performance public blockchain and distributed collaboration platform headquartered in Singapore.

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies. Staking is expected to help elevate the blockchain technology and work for decentralization.

“Moonstake will start staking Ontology’s “ONT” coin inside its staking pool,” confirmed Chia Hock Lai, Chief Strategic Officer of Moonstake. “Through this partnership, we will collaborate with Ontology in the technology infrastructure and public relations.”

Hock Lai continued, “Moonstake’s partner Binarystar will also support marketing efforts for this partnership and both companies by event organization and local community development.”

Moonstake’s goal of these coordinated activities is to work with Ontology to cultivate an Asian investor community, to energize the community, and drive staking activity and accelerate industry adoption of Proof of Stake (PoS) transaction validation.

“As Japan is one of the important countries for Ontology, we’ve set our local office here with the support of Binarystar–Japan’s biggest Blockchain Business Hub in Tokyo. Also formed a strategic partnership with GUMI to build the decentralized blockchain network from a combination of industry specific modules, in addition to identity authentication, data exchange and sharing. We believe with the collaboration of Moonstake, we will attract more local stakers to delegate their “ONT” to Moonstake platform and create a more prosperous ecosystem together” said Andy Ji, Co-founder of Ontology.

“Binarystar is excited by this partnership where our complementary skills and resources are brought together to achieve synergies that would not have been possible otherwise in the staking space,” said Junya Yamamoto, Chief Executive Officer of Binarystar. “These advantages include technical infrastructure expertise, geographic markets, marketing know-how and a pool of potential clients.”

Today, Moonstake and Binarystar have announced support for Harmony Open Staking to Moonstake’s recently launched staking platform. Starting soon with the launch of Open Staking on Harmony, Moonstake users with $ONE will be able to delegate their coins to the validator. Users will begin receiving their share of the block rewards produced by nodes operated by Moonstake on the Harmony Network.

“We’re excited about our strategic partnership with Harmony–one of the first steps towards our vision of growing Moonstake into one of the world’s leading staking platforms,” said Mitsuru Tezuka, CEO of Moonstake. “We now have strong momentum, and are working quickly to build Moonstake into a very sizeable staking pool that will benefit cryptocurrency stakers worldwide.”

Moonstake will develop and manage the staking pool. Moonstake will be both a staking Validator and a Delegator, with the assistance of Harmony. Binarystar will provide marketing and business development.  Harmony has appointed Garlam Won, Head of Asia, as an official advisor for Moonstake’s new staking platform.

“The blockchain startup ecosystem in Japan is growing incredibly fast. We are proud to be part of this growth story and actively contributing to it, whether that’s through our community building, partnerships with local startups, or enabling millions of people in Japan to have the benefit of blockchain technology,” affirmed Nikos Kostopoulos, Digital Communities at Harmony.  Kostopoulos continued, “Today, we are excited to launch our new partnership with the Binarystar accelerator to focus further on the growth of our Japanese developer ecosystem.

Moonstake’s partner Binarystar, which runs Japan’s biggest Blockchain Business Hub in Tokyo, has agreed to enter into this partnership to support these marketing activities by hosting events and overseeing Harmony’s community development in Japan.

Moonstake Pte Limited, entered into a strategic business alliance with DLF Holdings Limited (SGX: KUX), a Singapore Catalist-Listed company, and officially launched its business operations to develop a staking pool protocol in Singapore.
Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Staking adopts Proof of Stake (PoS) as a type of consensus algorithm which allows cryptocurrency holders to increase the likelihood of receiving block rewards from its block validation transaction. It brings together the ability to stake and ultimately distributes block rewards based on contribution. Moonstake develops a staking pool protocol and provides business services through partners and companies. Staking is expected to help elevate the blockchain technology and work for decentralization.

The new alliance will own the Intellectual Property (“IP”) for staking-related products that Moonstake develops. Both Moonstake and DLF will collaborate together for marketing, software sales, and explore market needs for the staking pool business in Singapore and other South Asian countries.

For its business expansion into the Japanese market, Moonstake signed an agreement with Binarystar Co. Ltd., Japan’s largest blockchain business hub with a wide variety of member companies including stock listed companies, such as Tanseisha and GMO Cloud. Through consultancy and acceleration services by using its extensive network, Binarystar has played a pivotal role in foreign blockchain projects to promote and localize their products in the Japanese market. Binarystar will help Moonstake with marketing, PR, software sales and partnership expansion in Japan and the East Asian region.

The use of blockchain technology is now possible because of the current enhanced state of stability and reliability of the internet environment. There is widespread adoption of connecting small network systems to provide redundancy and business continuity and thus enhances system network performance. Moonstake creates a scalable staking pool for token holders that limits the increased operating costs caused by a sudden influx of users.

“We are delighted to announce some exciting partnerships with leading companies in Asia,” said Alex Hui, director of Moonstake Pte Ltd.

“Staking is fast-becoming a core function of the crypto trading and all serious large-scale coins/tokens holders (“whales”) who stake require a wallet with enterprise-grade security, robust features, and control over their staking. Specifically, we will partner with Binarystar, the blockchain business hub leader in Japan, to develop strategic partnerships with their roster of early adopters and developers to find synergies, harness network effects, and accelerate adoption,” Hui explained.

“We are pleased to have launched a partnership with Moonstake. We believe that the new business ideas with innovative technology represented by blockchain will be expanded in the modern era,” said Fan Chee Seng, Chairman of DLF Holdings Limited.

“On staking business, the fact that the way to participate in staking and advantages participants receive makes Moonstake’s business model will play a pivotal role in the blockchain community and society in general. With this alliance, Binarystar strengthens our staking alliance in Asia,” said Junya Yamamoto, CEO of Binarystar Co. Ltd.