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Binance Staking is now the Genesis Launch Partner for Elrond

Elrond is excited to announce that Binance will be working with the Elrond infrastructure to run it at the time of the mainnet launch. It will also be contributing to the preparation phase, which leads to the minting of Genesis Block.

The partnership will be bringing Elrond operational support system on the top layer in the crypto space. The investment by Binance will be supporting the expansion of the blockchain ecosystem, which will further involve long-term investment made by Binance labs, which will strengthen the infrastructural layer of the project.

Talking about the collaboration, the Elrond CEO, Beniamin Mincu, stated,

Beniamin Mincu stated

Binance is making persistent efforts to get into the infrastructural layer of the cryptocurrency space by providing staking services for multiple ongoing projects and the Bitcoin mining pool. The team of experts that transforms the commodity to provide access to all sorts of cryptocurrency services will be quite valuable for the Elrond blockchain and the launching operations.

Team Binance says that they are quite excited to be the part of the Elrond’s adoption wave. The team of engineers at Binance is happy to witness the feasible process of node infrastructure at Elrond. They think that the decision made to be the part of the Elrond infrastructure layer from the very beginning is turning out to be quite fruitful.

This collaboration has now made Binance one of the vital parts of the Genesis that will be working for the much-awaited Elrond mainnet. Adding Binance as their key validators, Elrond has secured a strong line-up for the professional Genesis block infrastructure.

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Ruchi Brahmbhatt

Ruchi is an Independent Artist and a Graduate in English Literature with substantial experience as an IELTS coach. Being young and energetic, emerging technologies attract her to the core- blockchain and crypto being the most recent ones. She has also been a regular contributor of news pieces and insightful articles related to these innovative arenas. Ruchi’s other interests include human rights, art and architecture, technology, health, and social networking.

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