Wakweli NFT Protocol scores partnership with Blockchain Lawyers Group

Read U.TODAY on

Google News

Wakweli, a company that facilitates authentication of digital products through tokenized certificates (non-fungible tokens), becomes the partner of industry-leading Web3 legal advisors.

Wakweli now partners with Blockchain Lawyers Group (BLG)

According to the official announcement shared by the team of Wakweli, a platform designed to issue certificates of authenticity for NFTs and real-world assets, it has joined forces with Blockchain Lawyers Group, a Tier 1 global network of legal professionals.

This long-awaited collaboration is set to allow Wakweli to leverage solid Web3 legal expertise and enable deeper protocol refinements for its proprietary proof-of-democracy consensus.

To kick-start the first phase of the collaboration, BLG experts will take part in the validation of the first NFT certificates and help to strengthen the entire process.

Founder and member of the Blockchain Lawyers Group Miguel Dinis Lucas is impressed with the vision and mission of Wakweli and the progress it has achieved so far:

We are excited to partner with such an innovative company like Wakweli, which is trying to solve a prominent problem in the NFT space. We are confident that our collaboration will bring new levels of innovation and ease of use to the market.

As covered by U.Today previously, the Wakweli Protocol completed its $1.1 million funding round in February 2023.

More transparency for decentralized businesses

The collaboration is set to raise the level of trust in the global Web3 ecosystem. It is also designed to create competent and qualified legal advice in blockchain and crypto-related matters.

The collaboration between Wakweli and BLG will also improve the transparency and security of the global cryptocurrency ecosystem, especially when it comes to the NFT segment.

In late March 2023, Wakweli began working with Polygon (MATIC) to upgrade the technical foundation of its new generation tokenization framework.