Philippine telco Good enters Web3 with BlockchainSpace partnership

Good Communications, one of many largest telecommunications corporations within the Philippines, is getting into the blockchain area in Southeast Asia by means of a partnership with BlockchainSpace, a Singapore-based Web3 neighborhood enabler.

See associated article: Philippine province faucets blockchain expertise, eyes tokenization

Quick info

• In a press convention on Wednesday, Good stated that it launched a “Creator Circle” with BlockchainSpace, a program that goals to empower the creator financial system, a budding market that connects creators to their followers and types by enabling monetization of content material, output, or expertise. 
• This system has greater than 150 creator prelaunch sign-ups regionally, amounting to an combination following of greater than 20 million throughout all social networks.
• “Filipinos have been on the forefront of using Web3 because the peak of the pandemic. With thousands and thousands already proudly owning crypto wallets and collaborating in GameFi, the Philippines has constantly been one of many leaders of Web3 adoption in Southeast Asia,” stated Peter Ing, chief govt officer of BlockchainSpace.
• The nation positioned second in blockchain analytics corporations Chainalysis’ 2022 International Crypto Adoption Index.
• Good Communications is likely one of the Philippines’ largest telecommunications firms with over 65 million subscribers.

See associated article: Philippine Blockchain Week: Blockchain adoption struggles within the Philippines as companies ‘make investments to outlive’