Milky Crypto News
  • Home
  • Live Coin Market
  • Live Exchange Market
  • Crypto News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Blockchain
  • Regulation
  • Trading
  • Scams
No Result
View All Result
  • Home
  • Live Coin Market
  • Live Exchange Market
  • Crypto News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Blockchain
  • Regulation
  • Trading
  • Scams
No Result
View All Result
Milky Crypto News
No Result
View All Result

The Developers of Elon Musk’s Hyperloop Project Partnered With Teslafan

April 29, 2021
in Crypto News
Reading Time: 3min read
A A
0
The Developers of Elon Musk’s Hyperloop Project Partnered With Teslafan
0
SHARES
2
VIEWS
ShareShareShareShareShare

The cryptocurrency project and startup collaborations are some of the most encountered events. This new type of partnership broadens the horizons of the traditional business structure with innovation in its core. 

Teslafan, the platform for AI projects and projects with sustainable energy support, effectively finished its presale. The presale round was held on Bounce Finance, and it ended quickly with the unexpected demand from investors. This success relies on many different factors. The press release about receiving a significant amount of investment from renewable energy companies was one key factor that led to the success of the initial round and they decided to stay unnamed. 

An Important Strategic Partnership for Innovation

Now Teslafan is going to enter a breakthrough partnership with rLoop, which is the winner of the Hyperloop Pod Competition held by SpaceX with the initiative of Elon Musk. Teslafan and rLoop alliance seems to be successful because they share the idea of making innovation available and applicable. 

Teslafan published an article on their official medium account mentioning the partnership. The article covered the main points of a strategic alliance with rLoop and different projects. They clarified the establishment of in-depth innovation in many fields of business. Firstly, rBridge and AI marketplace collaboration will enlarge the market of AI solutions by connecting engineers with makers and making it available for everyone. Secondly, the rGlitch and AI marketplace will allow anyone to request innovative solutions for their business and other needs. Required models and solutions for businesses will be more productive with high innovation included. 

About rLoop

The rLoop Network is a decentralized innovation platform, a crowdsourced engineering organization designed to unite individuals from around the globe to develop and launch innovative technology.

The organization was founded in 2015, and it has a very unusual story. It all started with the launch of the global competition to find a functioning pod prototype for Elon Musk’s Hyperloop concept, a high-end vehicle, an innovative transportation project that resembles a train. Elon Musk, the founder of Tesla and SpaceX, defined the concept of Hyperloop in 2013, describing it as the 5th mode of transportation after car, plane, boat, and train. Then, he invited individuals, organizations to the Hyperloop development process and said he was open to contributions from anyone who could design a functioning Hyperloop pod prototype.

Ultimately, members of the SpaceX subreddit (rLoop), where hundreds of engineers and designers came together to create the Hyperloop pod prototype, became the only non-student group among many notable companies to win the “Innovation Award”. Now, in the rLoop decentralized autonomous organization, thousands of industry experts, especially from NASA, Tesla, Virgin Galactic, and CERN are gathering to collaborate on emerging technologies.

About Teslafan

Teslafan is a project that defines itself as a combination of artificial intelligence and blockchain technologies. Artificial intelligence has gained importance in all areas of our lives in recent years, including education, finance, and even the health sector. However, on the other hand, the fact that this technology is not accessible to everyone and that good ML projects cannot find enough capital to bring their solutions to existence becomes an important problem to be solved. At this point, Teslafan offers solutions to these problems with its decentralized crowdfunding platform and artificial intelligence market.

Interconnection Between rLoop & Elon Musk & Teslafan

Apart from the achievements of rLoop ever had, the recent strategic partnership with Teslafan, the new blockchain project that will crowdfund AI-based solutions on a decentralized network, has aroused a lot of curiosity.

Could the Teslafan project be related to Elon Musk? The relationship between Elon Musk and rLoop continues to this day, and Elon Musk supports all developments of rLoop. In fact, rLoop had recently developed further by purchasing the intellectual property of Arrivo, a hyper-looping enterprise. Arrivo, a building technology based on hyperloop architecture, was founded in 2017 by former SpaceX engineer Brogan BamBrogan, co-founder of Hyperloop One (now Virgin Hyperloop One). This whole chain of events gives substantial signals that the Teslafan project may be related to Elon Musk somewhere. Who knows, maybe Elon Musk decided to stop supporting meme coins like Dogecoin and launched his own coin.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Credit: Source link

ShareTweetSharePinShare
Previous Post

IOTA’s Much Anticipated Chrysalis Network Goes Live

Next Post

Dogecoin Destined for Wild Price Swings, Says OKCoin COO Jason Lau

Related Posts

Animoca Brands Acquires Need For Speed Developer Eden Games
Crypto News

Animoca Brands Acquires Need For Speed Developer Eden Games

April 12, 2022
Will a plunging Nasdaq take crypto with it?
Crypto News

Will a plunging Nasdaq take crypto with it?

April 11, 2022
Axie Infinity Ready For The Long Haul To Recover Stolen Funds
Crypto News

Axie Infinity Ready For The Long Haul To Recover Stolen Funds

April 11, 2022
BTC/USD Fades to 3-Week Low: Sally Ho’s Technical Analysis 12 April 2022 BTC
Crypto News

BTC/USD Fades to 3-Week Low: Sally Ho’s Technical Analysis 12 April 2022 BTC

April 11, 2022
Load More
Next Post
Dogecoin Destined for Wild Price Swings, Says OKCoin COO Jason Lau

Dogecoin Destined for Wild Price Swings, Says OKCoin COO Jason Lau

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

IMF Says Crypto Usage Significantly Correlated with Corruption and Capital Controls

IMF Says Crypto Usage Significantly Correlated with Corruption and Capital Controls

April 11, 2022
Bank of England Governor Says Crypto Creates ‘Opportunity for the Downright Criminal’ – Regulation Bitcoin News

Bank of England Governor Says Crypto Creates ‘Opportunity for the Downright Criminal’ – Regulation Bitcoin News

April 7, 2022
Here’s what you need to know about KIRA’s upcoming mainnet launch

Here’s what you need to know about KIRA’s upcoming mainnet launch

April 8, 2022
HSBC Rolls Out Metaverse Fund for Premium Clients in Singapore and Hong Kong

HSBC Rolls Out Metaverse Fund for Premium Clients in Singapore and Hong Kong

April 7, 2022
A New Super PAC Aims to Elect BTC Advocates and ‘Vote out Anti-Bitcoin Politicians Like Brad Sherman, Elizabeth Warren’ – Bitcoin News

A New Super PAC Aims to Elect BTC Advocates and ‘Vote out Anti-Bitcoin Politicians Like Brad Sherman, Elizabeth Warren’ – Bitcoin News

April 10, 2022
This Top-10 Altcoin’s Future Is Now ‘Even Brighter’ Amid Explosive Growth, Says Terra (LUNA) Co-Founder Do Kwon

This Top-10 Altcoin’s Future Is Now ‘Even Brighter’ Amid Explosive Growth, Says Terra (LUNA) Co-Founder Do Kwon

April 9, 2022
Milky Crypto News

This is an online news portal that aims to provide the latest crypto news and real-time updates around the world. Feel free to get in touch with us!

What’s New Here!

  • Uniswap Labs Unveils New Venture Capital Unit Focused on Web3 Projects
  • Animoca Brands Acquires Need For Speed Developer Eden Games
  • Analyst Predicts Shiba Inu (SHIB) Moves Hard This Cycle, Says One Ethereum (ETH) Rival Will Be Top Performer
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - MilkyCrypto.io - All rights reserved!

No Result
View All Result
  • Home
  • Live Coin Market
  • Live Exchange Market
  • Crypto News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Blockchain
  • Regulation
  • Trading
  • Scams