Partnerships as a Trust Utility Signal for Web3 Startups

For Web3 Startups earky adoption of their technology or protocols is the key for their growth and sustainance.
Partnerships works as a Trust Signal for these Web3 Startups including blockchain startups, DEFI startups, DEX or CEX startups

Why should Web3 Startups care more about partnerships then other SAAS or tech businesses?

• Active Community
  Blockchain communities are highly active online especially in twitter and telegram, so partnering with web3 startup would gain trust in each other's community faster then other businesses.
  
• Maintainging Liquidity
  Blockcahin communities are highly active online especially in twitter and telegram, so partnering with web3 startup would gain trust in each other's community faster then other businesses.
  

Why partnerships?

• Better Governance
  Governance is something each protocol needs, more diversity their exist in the adapters of web3 tech, more decentralized it is considered. Web3 Ecosystem is enormous so diversity scope is way more so having more partnered web3 startups would result in more diverse adapter for your web3 techstack resulting in better governance.
  
• Faster Development
  Building upon your partner's existing tech stack would reduce cycles of prototyping resulting in faster testing and deployment.
  
• Better Community Rewards
  Many Web3 companies gain attractions of early adoptors of their tech by incentivitsing rewards by staking or adding liquidity to their pools, Using incentives provided by your Partnered Web3 Startup you can increase more rewards for your uses.
  

Few successfull web3 Partnerships

1. UNI X COMP
UNISWAP a DEX and Comp a DEFI lending protocal partnered successfully where COMP provided UNI with liquidity incentives from it's users and in treturn got expanded staking pools.

2. MAKER X AAVE
MakerDAO a DEX which is creator of DAI stablecoin partnered with AAVE, a lending protpocal where MAKER get utility for it's toje DAI and AAVE get to lend DAI as collateral on their platform, an example of win-win situation for both parties.