Nestree adopts sidechain to provide affordable and fast transactions for millions of users.
SINGAPORE–(BUSINESS WIRE)–A reward-based blockchain messenger, Nestree, announced a partnership with Luniverse, South Korea’s leading Blockchain as a Service (BaaS) provider backed by Dunamu, operator of the global crypto-asset exchange Upbit.
Acquired more than 80,000 users since June 2019, Nestree is recognized as a messenger for community growth and engagement. Nestree provides a decentralized wallet for mainnets and token transfer in the chat interface.
According to the announcement, the adoption of Luniverse’s blockchain platform reflects the company’s mission to improve user experience by increasing the speed of token transfer and lowering transaction fees.
“For mass adoption of blockchain-driven applications, it is important to provide a seamless user experience. Solutions to improve confirmation speed and to make transaction fees affordable are key focuses in the company,” said Jun Yoon, co-founder and head of business development of Nestree.
Nestree also agreed to utilize Luniverse’s prominent features that include Externally Owned Accounts (EOA) for mapping wallets, and User Management Service for key restoration and backups.
Nestree believes the collaboration with Luniverse will bring out a greater adoption of the application and encourage Nestree to lead the mass adoption with blockchain technology.
Luniverse provides the next-generation Blockchain as a Service (BaaS) platform that allows its users to greatly reduce the difficulties that blockchain-based application (DApp) developers may face in selecting, building and incorporating the suitable blockchain services in their applications. The high-performing blockchain services include side-chains, token and user management, and much more.
Nestree is a reward-based blockchain community messenger. Catered towards community growth and beyond, the Nestree messenger adopts the trustless and borderless nature of cryptocurrency to enrich the ecosystem with the reward system functionality. Nestree provides one of the optimal gateways for non-crypto users to experience and earn cryptocurrency without the knowledge of trading, KYC verification, private key management, or other hurdles to adoption.