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

Financial news

HONG KONG, December 12, 2024 /PRNewswire/ — On December 10, HashKey Chain announced the $50 million Atlas Grant Program to support global Web3 projects. This initiative aims to stimulate innovation in the OP Stack ecosystemAccelerate the growth of HashKey Chain’s application layer and drive on-chain adoption.

HashKey Chain's $50M Atlas Grant: Advancing Web3 Development in Finance and Innovation

The levers of HashKey Chain OP Stack Technology to improve transaction speed and reduce fees. This open source framework powers Optimism’s L2 Rollup and allows developers to create customizable Layer 2 blockchains with the security of Ethereum.

The grant pool includes $50 million in HSK tokens, with $10 million allocated initially. The funding is tied to the milestone achievements of developers and teams building on HashKey Chain.

Key focus areas:

  • RWA (real world assets): Tokenization of financial assets for liquidity and transparency.
  • PayFi, stable coinsAnd BTCFi: Promote the adoption of blockchain 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 integrate traditional on-chain financial products.

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 that the individuals, teams, and organizations joining the HashKey Chain ecosystem share strong confidence in the future of the crypto industry. With HashKey Chain, we aim to build a thriving and open Web3 ecosystem, creating revolutionary applications with real traction in major domains. blockchains while achieving significant returns in the process.

The first phase allocates $10 million in HSK tokens, with applications open from From December 10, 2024 to January 10, 2025. Grant recipients will be announced on January 20, 2025.

X:@HashKeyHSK

Application: https://github.com/orgs/HashkeyHSK/discussions/new?category=session-1

Photo – https://mma.prnewswire.com/media/2579520/HashKey_Chain_s__50M_Atlas_Grant_Advancing_Web3_Development_Finance_Innovation.jpg

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