This Altcoin Announced A Partnership With E-Commerce Giant Alibaba, The Price Moved!

Popular altcoin Aptos (APT) announced that they have partnered with Alibaba Cloud, the computing and storage arm of Chinese e-commerce giant Alibaba.

The official statement stated that Aptos Foundation and Alibaba Cloud have joined forces to support Web3 talent and accessibility in the APAC region.

“Asia, Prepare to act!

Aptos Foundation and Alibaba Cloud Aptos Foundation x Alibaba Cloud will launch the first co-branded Move developer community in Asia, further amplifying the impact of the smart contract programming language built for mass adoption.

As the designated blockchain sponsor in Alibaba’s accelerator program, Aptos Foundation will provide builder resources and ecosystem funding support to promising Aptos-built projects.

Aptos Foundation x Alibaba Cloud will also collaborate on a series of hackathons and regional events to expand and strengthen the Asia-Pacific Web3 community.”

“As the Aptos Foundation focuses on accelerating mass adoption in the APAC region, we look forward to partnering with Alibaba Cloud as our next step. We look forward to seeing and supporting the game-changing ideas of tomorrow’s leading developers,” Bashar Lazaar, Head of Ecosystem and Grants at Aptos Foundation, said in the statement. said.

1/ Asia, prepare to make your Move! Aptos Foundation and @Alibaba_Cloud are teaming up to bolster Web3 talent and accessibility in the APAC region with plans to establish Asia’s first Move developer community. pic.twitter.com/Sxl6bGSw4Y

— Aptos (@Aptos_Network) November 20, 2023

Stating that this partnership is just the beginning, Aptos Foundation said that they will continue to work with Alibaba Cloud to create more events, hackathons and other special moments.

Following the news, APT price rose 3.2%.

*This is not investment advice.

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