Enigma, creators of Catalyst, a data-driven crypto investment platform powered by the Enigma data marketplace today announced a partnership with leading decentralized token trading platform, EtherDelta. This collaboration will initially focus on the integration of EtherDelta data and live trading capabilities into Enigma’s flagship product, Catalyst.
This will allow Catalyst users to access and analyze data for the long tail of Ethereum-based tokens, as well as introduce the ability to execute strategies on EtherDelta. Both companies share a vision of a more decentralized future, with Enigma’s data marketplace protocol enabling the security and scalability of blockchains and EtherDelta facilitating peer-to-peer trading in an increasingly tokenized world.
Zack Coburn, founder of EtherDelta:
“EtherDelta is extremely excited to form a strategic partnership with Enigma. The team at Enigma brings incredible knowledge and experience to the table that EtherDelta is eager to tap into. Having become the top decentralized trading platform, EtherDelta has processed over 3 million transactions to date. EtherDelta is excited to help get that data into Catalyst so it can be analyzed and understood at a deeper level.”
Can Kisagun, co-founder of Enigma:
“Enigma believes the future is decentralized, and we are building the Enigma protocol to work toward our goal of democratizing data. By growing the power of Catalyst, we will democratize access to crypto-financial data as well as the tools to understand and act on that data. We have enormous respect for EtherDelta and their accomplishments in building their product and scaling their platform. By working together, we can better understand the growing token economy and bring our shared vision of a decentralized future closer to reality.”
Yesterday, Enimga announced a partnership with KyberNetwork, a new exchange whose data will also be incorporated into Catalyst.
While the original concept of the internet is that of decentralized information and freedom, the past decade has seen the increased centralization of data owned by a few large companies. Data is quickly becoming the most valuable digital asset. The primary aim of the Enigma protocol is to return to the original vision of the internet and create a single, open-sourced protocol for permanently storing, sharing and processing of data. Enigma is building a decentralized, scalable blockchain data marketplace for the web by building a necessary second-layer, off-chain network. Through this unique infrastructure, Enigma aspires to fix the biggest flaws of blockchain — scalability and privacy.