OPEN Platform and Element Group Announce a Strategic Partnership
Partnership focuses on advancing OPEN Platform adoption on the global market through post-tokenization support
Element Group, a full-service advisory firm for the digital token capital markets, today announced their strategic partnership with OPEN Platform, the first-ever decentralized payment platform for apps and online transactions.
Element’s ongoing involvement will focus on ensuring the post-tokenization functionality of the OPEN Platform ecosystem. Element Group was instrumental in guiding OPEN Platform through its token sale process to establish governance and token economics structures which lay the groundwork for success on a global scale.
OPEN, which provides essential infrastructure that enables application developers to easily and seamlessly integrate with multiple blockchains, has recently launched its OPEN scaffold system. This functioning technology empowers developers to process cryptocurrency payments without the need to learn specific blockchain languages such as Solidity.
Element Group has already helped OPEN Platform strengthen its position in new geographies, particularly in the APAC region. Element was instrumental in locating ambassadors and developers for OPEN Platform to establish momentum within the region. Thanks to this important assistance, OPEN recently completed a roadshow hosting packed events in Seoul, Hong Kong, Shenzhen, Shanghai, Hangzhou and Tokyo.
As one of the leading digital asset advisory firms, Element is known to support technological platforms which stimulate the growth of new blockchain-based markets and businesses. The Firm has a history of supporting meaningful projects which are organic to the blockchain.
Element Group’s full-service business model covers nearly every aspect of digital asset capital markets, including corporate finance, research, trading, and helping blockchain projects come up with well-rounded marketing solutions. They have played advisory roles in major blockchain projects like Enigma and Ripio, and are committed to helping innovative distributed technology get the support it needs to achieve adoption on the global market.
“OPEN Platform is working on solving a major pain point for applications interacting with blockchains – the reliable communication of onchain payments. This structural middleware is a key component to driving functional adoption of blockchains and abstracting the complexity for developers. We look forward to helping enable broader awareness and adoption through the Element network of partners,” said Stan Miroshnik, CEO of Element Group.
As OPEN Platform continues to draw more attention in the crypto community, more big-name firms are expected to support the innovative payment solution.