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Home Bitcoin

HashKey Chain Launches $50 Million Atlas Grant Program to Empower Global Web3 Developers

Digital Pulse by Digital Pulse
December 12, 2024
in Bitcoin
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HashKey Chain Launches  Million Atlas Grant Program to Empower Global Web3 Developers
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HONG KONG, Dec. 12, 2024 /PRNewswire/ — On December 10, HashKey Chain introduced the $50 million Atlas Grant Program to assist world Web3 tasks. This initiative goals to drive innovation within the OP Stack ecosystem, speed up HashKey Chain’s utility layer development, and increase on-chain adoption.

HashKey Chain leverages OP Stack expertise to boost transaction velocity and scale back charges. This open-source framework powers Optimism’s L2 Rollup and permits builders to construct customizable Layer 2 blockchains with Ethereum’s safety.

The grant pool consists of $50 million in HSK tokens, with $10 million allotted initially. Funding is tied to milestone achievements by builders and groups constructing on HashKey Chain.

Key Areas of Focus:

RWA (Actual-World Belongings): Tokenization of monetary property for liquidity and transparency.PayFi, stablecoins, and BTCFi: Driving blockchain adoption in finance.

Hong Kong’s function as a monetary hub makes it excellent for RWA tokenization, aligning with HashKey Chain’s compliance-focused technique to carry conventional monetary merchandise on-chain.

CEO Assertion:

“We’re excited to announce the $50 million Atlas Grant Program to the worldwide market,” stated Kay, CEO of HashKey Chain. “We hope people, groups, and organizations becoming a member of the HashKey Chain ecosystem share a powerful confidence in the way forward for the crypto trade. Along with HashKey Chain, we purpose to construct a thriving and open Web3 ecosystem, creating groundbreaking functions with actual traction throughout main blockchains whereas attaining significant returns within the course of.”

The primary section allocates $10 million in HSK tokens, with functions open from December 10, 2024, to January 10, 2025. Grant recipients shall be introduced on January 20, 2025.

X:@HashKeyHSK

Software: https://github.com/orgs/HashkeyHSK/discussions/new?class=session-1



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Tags: AtlasChainDevelopersEmpowerGlobalGrantHashKeyLaunchesmillionProgramWeb3
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