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Xfinite and Eros Now Expand Partnership for Blockchain-based Content Engagement Program on Algorand


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SINGAPORE, June 9, 2021 /PRNewswire/ Xfinite and Eros Now, a leading over-the-top (OTT) South Asian entertainment platform owned by global entertainment company Eros STX Global Corporation (NYSE: ESGC), announced it has deepened its partnership with Xfinite s Mzaalo platform, a gamified video streaming service on track to have 10M users by year end. The partnership further establishes Eros Now s footprint in advertising video on-demand (AVOD), a still-developing segment of the India streaming market that has significant growth potential, while allowing Eros Now to continue building its core subscription video on-demand (SVOD) service. This partnership also adds to the 25 premium linear TV feeds and VOD platforms and plans to expand further to reach 200 content partners This agreement, given Xfinite s innovative business model, also puts ErosSTX in a leadership position regarding digital asset growth and the use of blockchain techn ....

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Top Exchanges Scramble to List Algorand Assets, OKEx and KuCoin the Latest Entrants


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Leading cryptocurrency exchanges are rushing to add support for assets based on the Algorand blockchain. The recent additions will allow users to deposit and withdraw assets such as Tether (USDT) and USDC using the Algorand protocol. Users will also be able to trade those assets for other cryptocurrencies in a seamless manner.
Assets built on the Algorand network are denoted with the suffix, ASA, to differentiate them from those on other blockchains such as ERC20 for Ethereum and TRC for Tron based tokens. ASA is an acronym for Algorand Standard Asset. This nomenclature helps traders select the protocol they would like to use for deposits and withdrawals. ....

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