Nautilus Chain Partners with Coin98 to Accelerate Growth in Asia
Nautilus Chain is announcing a partnership with Coin98 to accelerate user adoption and growth in Asian markets. The partnership will focus on promoting Zebec, a real-time payment streaming app to be deployed on Nautilus.
Coin98 is an ideal partner for projects seeking to expand in Asian markets. As one of Southeast Asia’s largest DeFi platforms with over 7 million users, Coin98 features an industry-leading integration of 20 chains. While many cross-chain DeFi platforms exist, few can match the number of Coin98’s cross-chain deployments enabled by the Coin98 SpaceGate bridge. Coin 98’s cross-chain compatibility will be key for the Nautilus ecosystem, especially its flagship dApp, Zebec.
Zebec provides tax-compliant, real-time payment streaming services on Web3 rails. “Payment streaming” enables money to be streamed in real-time, unlocking new and innovative business models. For example, gyms and private clubs can charge fees based only on the time members actually use the facilities. Zebec Payroll lets businesses pay employees in real-time so they can leverage the time value of their money and avoid predatory payday loans.
Why Nautilus
Before Nautilus, Zebec struggled to find a blockchain with the requisite reliability and scalability to support its services. As a result, the Zebec Foundation helped research and incubate modular blockchain technology that used L3 architecture. The result is Nautilus, the first production-ready L3 Chain. Nautilus allows developers to customize their “chain stack” by choosing the most suitable VM, execution, and data availability layers for their project.
By allowing developers to tailor their chain stack to their dApps, Nautilus empowers developers to build cutting-edge dApps like Zebec. And now, with Coin98, Nautilus can connect many more chains — and many more users — to the modular blockchain revolution.
“Modularity is the future of the crypto industry,” said the CEO of Zebec, Sam Thapaliya. “It’s the only way a real-time payment streaming dApp like Zebec can work. Traditional payment methods can’t do what we do, but we also built Zebec knowing Web3 couldn’t handle the load either. We jumped first without looking. Nautilus and blockchain modularity is the miraculous net that caught us and made payment streaming at scale possible.”
“Our goal is to bring DeFi to TradFi,” a spokesperson for Coin98 said. “Nautilus not only shares that vision but has put into production a chain that can handle the traffic of real-world applications. We’re excited to work with them and Zebec to replace existing payment infrastructure with infrastructure based on decentralized finance technology”
Coin98: United TradFi and DeFi
Coin98 is an all-in-one DeFi platform with a wallet supporting 40 blockchains, an exchange, a cross-chain bridge, a portfolio tracker, and a venture studio pioneering “the open internet’s future.” Cofounders Thanh Le and Vin Nguyen envisioned a decentralized finance platform that could service traditional finance’s real-world needs. This mission makes Coin98 an ideal partner for Zebec and Nautilus, which also focuses on revolutionizing global payments using Web3.
Nautilus: Next-Gen Infrastructure for Next-Gen Adoption
Nautilus is an innovative L3 chain with a modular architecture built through Celestia, Eigen Layer, and Eclipse. By offering flexible chain stack customization, Nautilus created an EVM-compatible network with the scalability to facilitate Zebec’s continuous settlement protocol at scale. Modularity enhances scalability and makes Nautilus more composable and secure than other networks. It will even enable privacy features in the near future.
This partnership with Coin98 will grow Nautilus’ burgeoning DeFi ecosystem. Projects like PoseiSwap and Coral Finance hope to use Nautilus’ speed and scalability to tokenize real-world assets and bring DeFi into the real world. Together, Coin98 and Nautilus will accelerate mainstream Web3 adoption, especially in Southeast Asian markets.
Perfect Pairing, Perfect Timing
Given the recent global economic downturn, Southeast Asia’s relatively mature crypto market sees digital assets as a possible alternative investment avenue to offset regional growth challenges. The rising GameFi market in the Philippines and Vietnam is making the region a hotbed for quality Web3 projects.
Previously, Zebec Protocol outlined expansion plans into Asia, including promoting Zebec Pay in the region and launching the Zebec Card, which allows holders to pay for for everyday purchases with cryptocurrencies. This partnership between Nautilus and Coin98 is a pivotal step for Zebec Protocol’s Southeast Asia launch.
The partnership aims to secure a sizable regional user base for Zebec Protocol, establishing a foundation for streaming payment services and potentially accelerating $ZBC adoption.
About Nautilus
Nautilus Chain is the first production-ready modular chain in Web3. Through its modular architecture, Nautilus combines the speed of Solana with the decentralization and security of Ethereum to become the fastest EVM chain available, capable of parallel transaction processing.
Developers can use Nautilus to build next-generation payment dApps capable of real-time settlement. Nautilus provides Solidity developers with the efficiency and customization to build dApps that wouldn’t be possible on other EVM foundations.
With Nautilus, Web3 technology will have the reliability and scalability needed to replace traditional payment rails worldwide.
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About Zebec
Zebec is a tax-compliant payment protocol with over 60 business clients and over $300 million in TVL. It is a continuous settlement protocol founded by Sam Thapaliya that makes payments more efficient, fair, and decentralized.
Businesses, ecosystem partners, and institutions use Zebec Protocol to stream real-time, per-second payments to payees. By more efficiently leveraging the time value of money, Zebec makes money worth more.
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About Coin98 Super App
Coin98 is the #1 crypto super app designed to seamlessly connect a billion users to the crypto world safely and securely.
We offer users across the globe a comprehensive and trusted ecosystem of essential services, including but not limited to a non-custodial, multi-chain NFT & cryptocurrency wallet, built-in DEXs, Cross-chain Bridge & dApp Browser, a powerful Terminal, attractive Earn, Gift & Campaign, and Others.
