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This partnership brings together Woonkly’s decentralized social network and Vela’s sector-leading blockchain to provide users with numerous benefits. One benefit is enhancing users’ ability to quickly and easily mint and trade NFTs. Also, the partnership opens doors for collaboration in developing a range of NFT and Metaverse projects in the coming days.
Commenting on the partnerships, Farkhad Shagulyamov, Co-Founder and CEO at Velas, stated:
“Velas blockchain is delighted to announce this new partnership with Woonkly. For us, every partnership we enter must bring value to our users and help us achieve our ambition to widen the reach of our technology. Woonkly is already providing a unique service to users, and our blockchain will both enhance their existing platform and open up a range of exciting future opportunities for both businesses. As a business, we are determined to remain at the forefront of the sector. Partnerships, like the one we have agreed with Woonkly, are a critically important part of our strategy. It is by focusing on innovation and collaboration that we will maintain and build Velas’ market leading position.”
Velas blockchain has already been intergraded into the latest version of Woonkly’s platform, delivering real advantages to users within the Woonkly ecosystem. These users can now fast and easily mint their NFTs on the Velas network. This will notably be done securely and at a low cost.
 
 
On the other hand, users within the Velas community can now access Woonkly’s products and services. Users will also have access to social media integration, low transaction fees, fast trading, and purchase of NFTs.
Founded in 2019, Velas is currently the fastest blockchain with Ethereum VM compatibility. The blockchain creates an innovative environment for open finance, social platforms, access management solutions, Web 3.0, DeFI, and more. It provides up to 75,000 transactions per second with minimal fees.
Woonkly is a meta-social marketplace that allows users to turn every post into an NFT. Woonkly aims to create cutting-edge products in Decentralized Finance (DeFi) and Non-Fungible tokens (NFT).
Notably, both parties desire to use innovation to drive new standards. The Velas protocol seeks to bring the benefit of its blockchain technology to a broader community, while Woonkly seeks to become the dominant player in the NFT marketplace.
Daniel Santos Corcoles, Woonkly CEO, added:
“We are developing technologies that enable users to streamline the essential functionalities of social networking in a decentralized manner. For this, we give content producers a platform that offers a comprehensive set of tools for creating NFT collections. We are thrilled to combine the powers of Woonkly and Velas because with this collaboration, we can upend the Web3 and NFT ecosystem and provide members of both communities an opportunity to communicate with one another via a single network.”
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