Hashkey Chain Launches $50 Million Atlas Grant Program To Empower Global Web3 Developers
Date
12/12/2024 9:01:42 AM
(MENAFN- PR Newswire)
HONG KONG, Dec. 12, 2024 /PRNewswire/ -- On December 10,
HashKey Chain announced the $50 million Atlas Grant Program to support global Web3 projects. This initiative aims to drive innovation in the OP Stack ecosystem , accelerate HashKey Chain's application layer growth, and boost on-chain adoption.
HashKey Chain leverages OP Stack technology to enhance transaction speed and reduce fees. This open-source framework powers Optimism's L2 Rollup and allows developers to build customizable Layer 2 blockchains with Ethereum's security.
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HashKey Chain's $50M Atlas Grant: Advancing Web3 Development in Finance and Innovation
The grant pool includes $50 million in HSK tokens, with $10 million allocated initially. Funding is tied to milestone achievements by developers and teams building on HashKey Chain.
Key Areas of Focus :
RWA (Real-World Assets) : Tokenization of financial assets for liquidity and transparency.
PayFi , stablecoins , and BTCFi : Driving blockchain adoption in finance.
Hong Kong's role as a financial hub makes it ideal for RWA tokenization, aligning with HashKey Chain's compliance-focused strategy to bring traditional financial products on-chain.
CEO Statement :
"We are excited to announce the $50 million Atlas Grant Program to the global market," said Kay, CEO of HashKey Chain. "We hope individuals, teams, and organizations joining the HashKey Chain ecosystem share a strong confidence in the future of the crypto industry. Together with HashKey Chain, we aim to build a thriving and open Web3 ecosystem, creating groundbreaking applications with real traction across major blockchains while achieving meaningful returns in the process."
The first phase allocates $10 million in HSK tokens, with applications open from December 10, 2024, to January 10, 2025 . Grant recipients will be announced on January 20, 2025 .
X:@HashKeyHSK
Application:
SOURCE HashKey Chain
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