The post PlaysOut Partners with MovePosition to Revolutionize Mini-Game Ecosystem with DeFi Integration appeared on BitcoinEthereumNews.com.

London, United States, September 17th, 2024, Chainwire PlaysOut, a leading innovator in building advanced mini-program ecosystems within global super apps for web2 and web3, has announced a strategic partnership with MovePosition, a high-fidelity DeFi protocol recently launched on the Movement Labs testnet, known for its capital efficiency and risk management. The partnership will integrate decentralized finance into PlaysOut’s expanding mini-game platform, and marks a significant step in PlaysOut’s mission to reshape global user interaction and gaming experiences. PlaysOut’s platform, which enables super apps and giant web2-facing platforms like telecom companies to deliver rich user engagement through mini-games, will now be enhanced by MovePosition’s cutting-edge DeFi capabilities. By incorporating MovePosition’s capital-efficient financial products, built on the modular and scalable Concordia risk management architecture, PlaysOut aims to offer users seamless access to decentralized financial services directly within the mini-games on its platform.  This collaboration is timely as PlaysOut continues its expansion into the blockchain space, backed by recent investments from Aptos and the OKX fund. Moveposition is part of the Superposition ecosystem, which has industry leading risk management infrastructure live on mainnet on Aptos, with devnets on Solana and EVM. The integration with MovePosition will support PlaysOut’s transition to a multi-chain strategy, enhancing the platform’s scalability and reach across various blockchain networks.  “At PlaysOut, our focus has always been on creating immersive and engaging experiences for users globally. This partnership with MovePosition allows us to take a bold step forward by integrating DeFi into our mini-game ecosystem, providing users with unprecedented financial flexibility and security,” said Jassem Osseiran, Co-founder of PlaysOut. “With this move, we’re not just differentiating ourselves from typical web3 gaming but also empowering super apps and web2 platforms to deliver next-generation experiences.” MovePosition’s advanced DeFi solutions offer PlaysOut a robust financial backbone, enabling a new level of capital efficiency…

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Filed under: News - @ September 17, 2024 9:23 pm