HONG KONG, Dec. 12, 2024 /PRNewswire/ — On December 10, HashKey Chain introduced the $50 million Atlas Grant Program to assist international Web3 initiatives. This initiative goals to drive innovation within the OP Stack ecosystem, speed up HashKey Chain’s software layer development, and enhance on-chain adoption.
HashKey Chain leverages OP Stack expertise to boost transaction velocity and cut 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 Property): Tokenization of economic property for liquidity and transparency.PayFi, stablecoins, and BTCFi: Driving blockchain adoption in finance.
Hong Kong’s position 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,” mentioned Kay, CEO of HashKey Chain. “We hope people, groups, and organizations becoming a member of the HashKey Chain ecosystem share a robust confidence in the way forward for the crypto business. Along with HashKey Chain, we intention to construct a thriving and open Web3 ecosystem, creating groundbreaking purposes with actual traction throughout main blockchains whereas attaining significant returns within the course of.”
The primary section allocates $10 million in HSK tokens, with purposes open from December 10, 2024, to January 10, 2025. Grant recipients will likely be introduced on January 20, 2025.
X:@HashKeyHSK
Utility: https://github.com/orgs/HashkeyHSK/discussions/new?class=session-1
