Phantasma Chain, one of the industry’s up and coming blockchains that focuses primarily on data storage and content distribution, has just recently announced its partnership with NewEconoLabs (NEL). NEL is a Chinese-based open source development group that focuses on the NEO community whose goal is to make blockchain applications more accessible to the masses. This announcement was made just days after Phantasma also announced its partnership with Blacat, a blockchain video game developer built on NEL’s NEO blockchain.
In a press release, both companies stated that the purpose of their partnership was to combine their technologies with the goal of integrating NEO dApps within Phantasma’s chain. One of these apps is the NEO Name Service, a project by NEL that provides ‘neo” domain names for the addresses that are registered under NEO’s domain.
This goes hand-in-hand with Phantasma Lab’s intentions of giving people quick and easy access to all of their favorite decentralised apps (dApps) by providing these dApps with support through multiple blockchains, including NEO and Ethereum. The connection is made through Phantasma’s Mobile App.
Knowing More about NEL
This collaboration with NEL should benefit both parties as NewEconoLabs is one of China’s largest open source development communities. NEL seeks to promote the NEO blockchain platform by educating people about it through offline lectures, community Q&A’s, articles and live broadcasts so that more and more developers will become more familiar with blockchain.
NEL undertakes all of the necessary non-profit steps to build up the infrastructure of the NEO blockchain ecosytem. This includes blockchain browsers, smart contract compilers, and many more. They give developers with smart contract development and blockchain experience the option to join their project.
In addition to building non-profit infrastructures, NEL also focus on commercial projects that aim to make blockchain apps facilitate our lives and bring it closer to the masses. At present they are implementing NNS or NEO Naming Service to accomplish this feat.
The Blacat Collaboration
Blacat is a blockchain gaming platform and a project of NEL that is built on its NEO blockchain. Blacat allows users to blockchain games similar to how they play conventional video games without the need to perform complex operations, such as an exchange or wallet. This platform will help video game developers integrate seamlessly with blockchain technology.
Blacat also seeks to build a decentralized blockchain platform that is similar to Steam. Here, users can share, comment on, and recommend games. Simply put, they plan on building a platform where the community can provide suggestions and interact with the developers and their fellow gamers.
By working together with Blacat, Phantasma Labs will be providing support to all of the Blacat video games that are a part of the Phantasma Mobile App’s umbrella.
Phantasma Lab’s Aim
By collaborating with NEL, Phantasma Labs will put focus on NFT technology and help improve the user experience in crypto-space. Both platforms will work as one with the goal of bringing the cryptospace that much closer together, and to help elevate blockchain technology to the next level.