Partnership, a term used to unite two entities towards achieving a similar and rewarding goal and this can be seen from various aspect of life, from personal/private relationship to business deals and the form forever remains ever changing.
Few days back we talked about PlatON native token called $LAT getting listed on Philippines number 1 off/on ramp market place and how this new development would ease the onboarding of Philippines into PlatON Network but little did we know that this wasn't the end but rather the begining as the news of PlatON partnering with Coins ph was made known fews hours back and it reads
We are thrilled to announce that PlatON has established a strategic partnership with coinsph, the largest digital asset platform in the Philippines! 🚀
Coins.ph’s payment gateway will be fully integrated into PlatON’s Web3 payment and Clearing System, TOPOS. This integration offers seamless fiat and digital currency exchanges, instant transactions, favorable exchange rates, and low fees.
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What does the above mean?
Sometime back, we made mention of PlatON web3 Payment system and this was ushered in by one of PlatON biggest events by rewarding testers from Philippines and Indonesia. The event provided means for users to convert their onchain tokens directly to their various fiat currency at a fair market price while also providing a cashback system for every testers. The event went on for weeks and it was a massive progress as a good number of new users were onboarded. The partnership between PlatON and Coinsph will take PlatON web3 Payment system a step further by integrating Coins.ph’s payment gateway into PlatON’s Web3 payment and Clearing System, TOPOS.
The above will bring cheaper conversion fee, create a trust party system between PlatON and the native users of Coinsph while also bridging users from both end. Truly this partnership is well received and it simply shows that PlatON and Coinsph are looking at the bigger picture within the crypto space while most project continue to panic and focus entirely on price action.
With the above, I can't wait to see what future achievements awaits from both ends and I will be sure to update you on any new development as the day goes by.